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475 Elwood Ave

Pitman, NJ 08071

2 bd 2 ba 1,161 sqft Built 1985 condos
Most recent sale
$165,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $165,000 MLS #NJGL2018800
Jul 18, 2022 Listed $165,000 MLS #NJGL2018800
Aug 26, 1988 Sold $62,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,700 $27,500 $120,200 $4,322
2024 $92,700 $27,500 $120,200 $4,198
2023 $92,700 $27,500 $120,200 $4,088
2022 $92,700 $27,500 $120,200 $3,926
2021 $67,500 $27,000 $94,500 $4,236
2020 $67,500 $27,000 $94,500 $4,186
2019 $67,500 $27,000 $94,500 $4,088
2018 $67,500 $27,000 $94,500 $4,019
2017 $67,500 $27,000 $94,500 $3,969
2016 $67,500 $27,000 $94,500 $3,642
2015 $67,500 $27,000 $94,500 $3,538
2014 $67,500 $27,000 $94,500 $3,421
2013 $67,500 $27,000 $94,500 $3,339
2012 $59,200 $20,000 $79,200 $4,288
2011 $59,200 $20,000 $79,200 $4,165
2010 $59,200 $20,000 $79,200 $4,025
2009 $59,200 $20,000 $79,200 $3,891
2008 $59,200 $20,000 $79,200 $3,768
2007 $59,200 $20,000 $79,200 $3,600

Property facts

Year built
1985
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,161 sqft
Lot size
ZIP code
08071
City
Pitman
Street
Elwood Ave
Coordinates
39.73898, -75.11996

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,742
Gross rental yield
12.67%
Implied cap rate
8.23%
Trend-extrapolated value

Frequently asked questions

When did 475 Elwood Ave last sell?
475 Elwood Ave most recently sold on Aug 29, 2022 for $165,000.
What is the current tax assessment for 475 Elwood Ave?
The most recent total assessment for 475 Elwood Ave (year 2025) is $120,200 with $4,322 in property tax.
How does 475 Elwood Ave's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $165,000.
When was 475 Elwood Ave built?
475 Elwood Ave was built in 1985.
How does 475 Elwood Ave compare to others on Elwood Ave?
We track 3 other properties on Elwood Ave. Browse the list under "Other properties on Elwood Ave" to compare beds, baths, and sale history.
What are the property facts for 475 Elwood Ave?
475 Elwood Ave is a 2 bed, 2 bath, 1,161 sqft condos.
Is 475 Elwood Ave a flip candidate?
No — 475 Elwood Ave does not appear in our flips dataset.
Is 475 Elwood Ave a tax-appeal candidate?
No — 475 Elwood Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.9%
Implied 1-yr
+23.8%
2026 Q3
$406.9K
2026 Q4
$424.3K
ZIP 08071 — Median Price History + Forecast

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