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sales rep | Brivity IDX

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55 Commerce Ave , Pitman, NJ 08071
$2,100,000
Est. Payment: $11,340.02/mo
22667 Sqft
0.77 Acres
Status: active | Days on site: 24
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JPENZONE - 3182070
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House Description

Penzone Realty is pleased to present 55 Commerce Avenue, a distinctive industrial property located in the heart of Pitman, New Jersey. The offering consists of approximately 22,667 SF of existing improvements on ±0.76 acre, including a ±20,819 SF main building and ±1,848 SF secondary storage/garage structure, with approximately 242 feet of frontage along Commerce Avenue. The property contains substantial existing warehouse, staging, loading, office and support areas with multiple points of building access, dock-high loading and documented three-phase electrical service. The existing configuration provides an opportunity for continued industrial or owner-user occupancy while also offering potential for reconfiguration, adaptive reuse or redevelopment, subject to zoning and municipal approvals. What makes 55 Commerce Avenue particularly interesting is its in-town Pitman location. The property sits near downtown Pitman and the rail corridor in the area of the proposed Pitman Station of the Glassboro-Camden Line, creating a longer-term location and redevelopment story in addition to the utility of the existing industrial improvements. Potential purchasers may include industrial owner-users, warehouse or specialized industrial operators, investors evaluating subdivision or reconfiguration for smaller industrial/flex users, and buyers considering adaptive reuse or longer-term redevelopment.

Highlights

Listed by Joseph P Penzone , 6106087980 Penzone Realty , 8562273004. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.77

Year Built

1940

County

Gloucester

Area

Pitman Boro (20815)

School District

Pitman Boro Public Schools

Listing ID

NJGL2079326

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:12
Zoning:C-2 - Established industrial operating history; and a central Pitman location near the proposed passenger-rail station area.
Sewer:Public Sewer
Parking Features:Leased to Off Site,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$11,340
Taxes
$2,159

Home Price

$2,100,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$420,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,340.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,340.02 $2,159.08 $0.00 $13,499.11
Yearly $136,080.29 $25,909.00 $0.00 $161,989.29
Total $4,082,408.64 $777,270.00 $0.00 $4,859,678.64
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Pitman, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS