Pitman, NJ Multifamily properties for sale

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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pitman, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Rebuilt 8-Unit Apartment Building

357 Oakwood Avenue, Glassboro, NJ 08028

$1,750,000

7,232 sqft

Fully occupied 8-unit building rebuilt in 2018 with modern finishes and tenant-paid utilities.

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Renovated Triplex with Separate Utilities

29 S MAIN Street, Glassboro, NJ 08028

$549,000

2,219 sqft 0.19 AC lot

Well-maintained triplex featuring separate entrances and utilities, with two two-bedroom units and one one-bedroom unit.

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Historic Colonial Mixed-Use Property

53 N MAIN STREET, Mullica Hill, NJ 08062

$949,900

6,514 sqft 0.83 AC lot

Historic 1860 Colonial with income-producing opportunities in prime location.

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Farm Land with Duplex Residence

317 RICHWOOD ROAD, Mullica Hill, NJ 08062

$1,895,000

Substantial acreage is currently farmed, with a duplex on approximately one acre included on the property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Vacant RV Community Lot

146 Rainbow Drive, Gouldsboro, PA 18424

Contact for pricing

Vacant lot in a lake-based RV vacation community, within walking distance to key recreation amenities.

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Pitman, NJ Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties 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 multifamily properties in Pitman, NJ start at $575,000, averaging $575,000, and reaching up to $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.

Neighborhood	Average Price
08071	$575K

Neighborhood

Average Price

08071

$575K

Pitman, NJ Multifamily Properties for Sale

119-121 GRANDVIEW Avenue, Pitman, NJ 08071