$350,000

Rarely does a property offer this much flexibility in such a desirable location. Located just a short walk from Pitman's vibrant downtown, this unique property consists of two separately deeded lots totaling nearly one-half acre with approximately 176 feet of frontage in the Borough's Transitional Residential-Commercial (TRC) zoning district. Built in 1924, the existing home is physically configured as two separate living areas, with a 2-bedroom, 1-bath layout on the first floor and a separate 1-bedroom, 1-bath layout on the second floor with its own entrance. Municipal records currently recognize the residential use of the property as single-family, and use of the dwelling as a duplex/two-family residence is not currently permitted. Buyers interested in establishing a two-family use would be responsible for determining what municipal applications, zoning relief or other approvals may be required and whether such approvals can be obtained. Recent improvements include replacement windows, aluminum siding, a rebuilt front porch with composite decking and vinyl railings, a newer gas heater (2022), central air conditioning (2023), and a detached two-car garage. A basement and walk-up attic provide additional storage and utility. The property offers several potential paths forward. A buyer may choose to reconfigure and renovate the existing dwelling for single-family use, investigate whether approvals can be obtained for another residential use, explore construction on the adjoining lot, or consider other uses permitted or conditionally permitted within the TRC zoning district. No representation is being made regarding the feasibility or approval of any particular use or development scenario. Located just minutes from Rowan University and within walking distance of Pitman's popular restaurants, breweries, boutiques and year-round community events, this property offers a rare combination of location, lot size and future potential. Property is being sold AS-IS. Seller will make no repairs. Buyers are responsible for conducting their own due diligence regarding current and proposed uses, zoning requirements, lot conformity, development potential and any required municipal or other governmental approvals.