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    Victorian Duplex with Private Driveways
    Updated: Apr 24
    Victorian Duplex with Private Driveways

    119-121 GRANDVIEW Avenue, Pitman, NJ 08071

    $575,000
    3,072 sqft 0.18 AC lot
    Victorian duplex built in 1920 with frame construction, forced‑air heating, and wall AC units.
    Two‑unit setup: potential separation into two townhomes since each unit has its own utilities, basement, attic, private backyard, and private driveway.
    Unit 121 available for occupancy with high 9‑foot ceilings, updated kitchen, updated bathroom floor, and replaced windows plus front/back doors.
    Unit 119 has long‑term rental history with tenants in place for 20+ years, plus open living/dining with a wood‑burning fireplace.
    Each unit offers 3 bedrooms plus a bonus finished attic for a flexible 4th bedroom, office, or studio.
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    This listing looks promising.

    Here's a quick look at some key insights for

    119-121 GRANDVIEW Avenue, PITMAN, NJ 08071

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $577K
      Above asking

    • Property Type

      Single Family Residence
      Built 1920
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pitman, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex Incomplete Renovation
    Duplex Incomplete Renovation

    104 Union Avenue, Stratford, NJ 08084

    $370,000
    1,734 sqft 0.17 AC lot

    Duplex for sale with a 4-bed first-floor unit and a 2-bed second-floor unit, sold as-is mid-renovation.

    View details
    Duplex Being Sold As-Is
    Duplex Being Sold As-Is

    104 Union Avenue, Stratford, NJ 08084

    $370,000
    1,734 sqft

    Duplex in mid-renovation with first- and second-floor units, partially completed with central air duct work.

    View details
    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    204 Hunter Street, Woodbury, NJ 08096

    $309,000
    2,255 sqft

    Duplex in Woodbury with a vacant, move-in ready first-floor unit and a long-term tenant in the upstairs unit.

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    Mixed-Use Building with Wraparound Porch
    Mixed-Use Building with Wraparound Porch

    75 Cooper St, Woodbury, NJ 08096

    Contact for pricing

    Updated craftsman mixed-use building with first-floor commercial space and two private apartments with separate entrances.

    View details

    Pitman, NJ Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Pitman, NJ on our real estate platform. These investment opportunities span a total of 3,072 square feet of properties for sale, with an estimated market value of $575,000.

    Sale prices for duplexes in Pitman, NJ average $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 9,407
    Population Growth (5Y) -0.3%
    Median Household Income $97,222
    College Educated 60.0%

    High-Yield Neighborhoods for Investment

    Identify Pitman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08071 $575K

    Taxes & Financing

    Tax Rate (average for all types) 3.27%
    Property Tax per SF $34.76 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gloucester County

    New Delisted

    Total CRE Inventory on Market (SF)

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