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sales rep | Brivity IDX

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59 S Broadway , Pitman, NJ 08071
$1,750,000
Est. Payment: $9,450.02/mo
10400 Sqft
0.19 Acres
Status: active | Days on site: 1
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RBRKR1 - 3246139
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House Description

Prime Mixed-Use Investment Opportunity in the Heart of Uptown Pitman! Situated on a prominent corner in the heart of Pitman's vibrant Uptown business district, this substantial income-producing mixed-use property presents an exceptional opportunity for investors seeking a commercial and residential asset in a highly desirable location. Offering approximately 10,400± square feet, the property features two retail/commercial units occupying the ground floor and walk-out lower level, a manager's apartment, and a 14-room boarding house on the second floor, known as Uptown Commons. Both commercial units are occupied by an established, well-known local business under a long-term lease. The residential component includes a long-term apartment tenant and a combination of occupied and available boarding rooms, offering additional rental income potential. With frontage along both South Broadway and Pitman Avenue, the property enjoys excellent visibility and a prime Uptown location. A small private parking lot, accessible from Pitman Avenue, provides added convenience. The property is within walking distance of Uptown Pitman's popular restaurants, boutiques, entertainment venues, and local businesses. The combination of established commercial tenancy, existing residential income, and opportunity for increased occupancy makes this an attractive investment prospect with multiple income streams and potential for future growth. Sale is subject to all existing tenant leases, which shall be honored by the purchaser. All square footage, dimensions, and measurements are approximate and provided for informational purposes only. Buyer and Buyer's representatives are responsible for independently verifying all measurements, property details, permitted uses, and other information material to the purchase. Schedule your private appointment to explore this unique investment opportunity in Uptown Pitman!

Highlights

Listed by Thomas J. Copsetta Jr. , 8566257193 Real Broker, LLC , 8554500442. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.19

Year Built

1890

County

Gloucester

Area

Pitman Boro (20815)

School District

Pitman Boro Public Schools

Listing ID

NJGL2080614

Questions about this listing?

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Interior Features

Air Cond:Central A/C,Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:3
Zoning:C-1
Sewer:Public Sewer
Parking Features:Parking Lot,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$9,450
Taxes
$1,051

Home Price

$1,750,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$350,000
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:
$9,450.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,450.02 $1,051.17 $0.00 $10,501.19
Yearly $113,400.24 $12,614.00 $0.00 $126,014.24
Total $3,402,007.20 $378,420.00 $0.00 $3,780,427.20
Lender profile image
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