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502 Highland Ter

Pitman, NJ 08071

2 bd 1 ba 1,188 sqft Built 1920 Lot 9,148 sqft single_family
Most recent sale
$185,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2023 Sold $196,000 BrightMLS
Mar 7, 2022 Sold $185,000 MLS #NJGL2011488
Feb 14, 2022 Listed $159,000 MLS #NJGL2011488
Feb 11, 2022 Sold $53,500 Public Record
Sep 1, 1980 Sold $40,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,700 $86,100 $275,800 $9,917
2024 $189,700 $86,100 $275,800 $4,383
2023 $39,400 $86,100 $125,500 $4,268
2022 $113,200 $86,100 $199,300 $6,511
2021 $84,300 $60,800 $145,100 $6,505
2020 $84,300 $60,800 $145,100 $6,428
2019 $84,300 $60,800 $145,100 $6,277
2018 $84,300 $60,800 $145,100 $6,171
2017 $84,300 $60,800 $145,100 $6,094
2016 $84,300 $60,800 $145,100 $5,977
2015 $84,300 $60,800 $145,100 $5,816
2014 $84,300 $60,800 $145,100 $5,637
2013 $84,300 $60,800 $145,100 $5,511
2012 $76,100 $32,100 $108,200 $6,200
2011 $76,100 $32,100 $108,200 $6,031
2010 $76,100 $32,100 $108,200 $5,841
2009 $76,100 $32,100 $108,200 $5,657
2008 $76,100 $32,100 $108,200 $5,489
2007 $76,100 $32,100 $108,200 $5,260

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,188 sqft
Lot size
9,148 sqft
ZIP code
08071
City
Pitman
Street
Highland Ter
Coordinates
39.72862, -75.12280

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,782
Gross rental yield
11.56%
Implied cap rate
7.51%
Trend-extrapolated value

Frequently asked questions

When did 502 Highland Ter last sell?
502 Highland Ter most recently sold on Mar 7, 2022 for $185,000.
What is the current tax assessment for 502 Highland Ter?
The most recent total assessment for 502 Highland Ter (year 2025) is $275,800 with $9,917 in property tax.
How does 502 Highland Ter's assessment compare to its last sale price?
The current assessment is 49.1% above the last sale price of $185,000.
When was 502 Highland Ter built?
502 Highland Ter was built in 1920.
How does 502 Highland Ter compare to others on Highland Ter?
We track 6 other properties on Highland Ter. Browse the list under "Other properties on Highland Ter" to compare beds, baths, and sale history.
What are the property facts for 502 Highland Ter?
502 Highland Ter is a 2 bed, 1 bath, 1,188 sqft, 9,148 sqft lot single_family.
Is 502 Highland Ter a flip candidate?
Yes — 502 Highland Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Highland Ter a tax-appeal candidate?
Yes — 502 Highland Ter appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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