59 S Broadway Pitman, NJ $ 1,750,000
59 S Broadway
$ 1,750,000
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59 S Broadway

Pitman, NJ, 08071
$ 1,750,000
Bedrooms-- Baths-- Sq 10,400

Monthly Estimate*

$ 12,087

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Commercial Property for sale in Pitman, NJ

for $1,750,000. This 10,400 square foot building was built in 1890 on a lot size of 0.19.

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!

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 12,614

Style

General Retail,,Apartment Building

Lot Size

0.19

Year Built

1890

Town/City

Pitman

County/Region

Gloucester

MLS | Web ID

NJGL2080614

Features
Interior
Heating Fuel Natural Gas
Hot Water Oil
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Baseboard - Hot Water Forced Air
Cooling Central A/C Window Unit(s)
Possession Negotiable
Zoning C-1
Construction Materials Brick
Year Built 1890
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PITMAN BORO
Business Type Other/General Retail Other Apartment Building
Accessibility None
County GLOUCESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Please use GPS
City PITMAN
Number Of Units Total 0
MLS Area Pitman Boro (20815)
Lot Size Units Square Feet
Lot Size Square Feet 8320.00
Tax Annual Amount 12614.0
Price Per Sq Ft Total AG 168.27
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00005 01
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Exterior
Water Source Public
Type of Parking Parking Lot On Street
Water View Y/N N
Building Area Total 10400.00
Lot Size Acres 0.19
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 124800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 59
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* Excluded Features
List By
Real Broker, Llc

Broker

sj.realestate@yahoo.com

Email

Affordability Calculator

$13,138
Per Month
92%
8%
0%
Monthly Principal & Interest
$12,087
Monthly Property Taxes
$1,051
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$1,750,000 Listed Price

Map


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59 S Broadway, Pitman, NJ, 08071 is a Commercial Property for sale at $1,750,000 with 10,400 sqft and a lot size of 0.19. 59 S Broadway was built in 1890. The property's zip code is 08071 which is in Pitman, NJ