$450,000
FOR SALE349 W Jersey Ave
Pitman, Nj, 08071
MLS #NJGL2062428
Subdivision: None
Building: -
3 Beds
2/- Baths
1544 sqft
$ 291.45 /sqft
Opportunity knocks in the heart of Pitman! Just steps from South Broadwayx2019;s thriving downtown, this duplex property sits on two combined lots totaling nearly half an acre with an impressive 176 feet of frontage. Whether youx2019;re looking to restore, reinvent, or redevelop, the possibilities here are wide open.Originally built in 1924, the home is currently configured as a duplex, offering two units: a 3-bedroom, 1-bath on the first floor and a 1-bedroom, 1-bath on the second floor with its own private entrance. Therex2019;s also a basement and attic for additional storage or potential expansion. While the interior needs updating, the exterior has benefited from important improvements over the years, including aluminum siding, replacement windows, a rebuilt front porch with composite decking and vinyl railings, a newer gas heater (2022), and central air (2023). A detached 2-car garage and generous yard space add to the value.What truly sets this property apart is the land and property potential. With Transitional Residential-Commercial (TRC) zoning, buyers may choose to rehab the existing duplex for rental income, convert the home into a single-family residence, or explore redevelopment with a mixed-use concept that blends right into Pitmanx2019;s bustling main street with perhaps commercial space on the ground floor with apartments above. There may also be potential to build another home on the adjoining lot; however, buyers are responsible for all due diligence to determine permissible uses and for obtaining any required approvals.Pitman has been experiencing a remarkable resurgence, with destination dining, breweries, live music, boutique shopping, and proximity to Rowan University bringing energy and investment into town x2014; while still preserving its beloved small-town charm.This property is being sold as-is, and the seller will make no repairs. Donx2019;t miss this rare chance to shape the next chapter of Pitmanx2019;s story. Bring your vision and unlock the full potential of 349 W Jersey Avenue.
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Listing Courtesy of: VRA Realty
