470 Locust Ave
Pitman, NJ 08071
2 bd 2 ba 1,161 sqft Built 1985 condos
Most recent sale
$165,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 20, 2024 | Sold | $225,000 | BrightMLS |
| Jun 16, 2022 | Sold | $165,000 | MLS #NJGL2016000 |
| May 19, 2022 | Listed | $140,000 | MLS #NJGL2016000 |
| Jan 15, 2019 | Sold | $99,900 | Public Record |
| Nov 30, 2018 | Sold | $99,900 | MLS #1009939274 |
| Oct 15, 2018 | Listed | $99,900 | MLS #1009939274 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $95,700 | $27,500 | $123,200 | $4,430 |
| 2024 | $95,700 | $27,500 | $123,200 | $4,303 |
| 2023 | $95,700 | $27,500 | $123,200 | $4,190 |
| 2022 | $95,700 | $27,500 | $123,200 | $4,024 |
| 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 | $3,392 |
| 2015 | $67,500 | $27,000 | $94,500 | $3,288 |
| 2014 | $67,500 | $27,000 | $94,500 | $3,171 |
| 2013 | $67,500 | $27,000 | $94,500 | $3,089 |
| 2012 | $59,200 | $20,000 | $79,200 | $4,038 |
| 2011 | $59,200 | $20,000 | $79,200 | $3,915 |
| 2010 | $59,200 | $20,000 | $79,200 | $3,775 |
| 2009 | $59,200 | $20,000 | $79,200 | $3,641 |
| 2008 | $59,200 | $20,000 | $79,200 | $3,518 |
| 2007 | $59,200 | $20,000 | $79,200 | $3,350 |
Property facts
Year built
1985
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,161 sqft
Lot size
—
ZIP code
08071
City
Pitman
Street
Locust Ave
Coordinates
39.73846, -75.11985
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,742
Gross rental yield
12.67%
Implied cap rate
8.23%
Trend-extrapolated value
—
Frequently asked questions
When did 470 Locust Ave last sell?
470 Locust Ave most recently sold on Jun 16, 2022 for $165,000.
What is the current tax assessment for 470 Locust Ave?
The most recent total assessment for 470 Locust Ave (year 2025) is $123,200 with $4,430 in property tax.
How does 470 Locust Ave's assessment compare to its last sale price?
The current assessment is 25.3% below the last sale price of $165,000.
When was 470 Locust Ave built?
470 Locust Ave was built in 1985.
How does 470 Locust Ave compare to others on Locust Ave?
We track 8 other properties on Locust Ave. Browse the list under "Other properties on Locust Ave" to compare beds, baths, and sale history.
What are the property facts for 470 Locust Ave?
470 Locust Ave is a 2 bed, 2 bath, 1,161 sqft condos.
Is 470 Locust Ave a flip candidate?
No — 470 Locust Ave does not appear in our flips dataset.
Is 470 Locust Ave a tax-appeal candidate?
No — 470 Locust Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.9%
Implied 1-yr
+23.8%
2026 Q3
$406.9K
2026 Q4
$424.3K
ZIP 08071 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust Ave