CMA — 133 9th Ave, Pitman NJ | ProLegacy Realty
Comparative Market Analysis

133 9th Avenue

Pitman · New Jersey · 08071
Bedrooms*
Pending
Bathrooms*
Pending
Living Area
720 sf
Year Built
1900
Condition*
Pending Inspection
Estimated Market Value
$212,000–$225,000
Pending condition inspection · July 2026
Preliminary List Range
$199,900–$219,900
To be finalized post-walkthrough
Overview
Subject Property — Pending Inspection
Single Family · Pitman

133 9th Avenue

Pitman, New Jersey 08071 · Gloucester County
133 9th Ave
Living Area
720 sq ft
Lot Size
1,599 sf (0.0367 ac)
Year Built
1900
Building Type
Single Family · 2-Story Frame
Bedrooms / Baths
Pending walkthrough*
Condition
Pending walkthrough*
Current Taxes (2025)
$3,938
Assessed Value
$109,500
Land / Improvement
$23,900 / $85,600
Last Sale Date
2014 (post-foreclosure)
Last Sale Price
$26,350*
Report Date
July 2026
Municipality
Pitman Borough
School District
Pitman Public Schools
Automated Valuations
RPR RVM: $228,580
CoreLogic RealAVM: $221,100
Status
Pending In-Person Inspection
*Bedroom/bathroom count and interior condition are not confirmed in RPR, CoreLogic, or the county tax record. This report will be finalized following the listing agent's in-person walkthrough. *The 2014 sale price reflects a distressed, post-foreclosure transaction (prior 2013 sheriff sale: $59,000) and is not used as a current value indicator.
Market Data
Comparable Sales
167 West Ave
Comparable 01
Sold
167 West Ave
Pitman, NJ 08071 · 0.05 mi
$247,000
Sold Aug 14, 2026 · $289/sf · 3 Days in RPR
2 Beds
2 Baths
856 sf
Built 1900
Upgraded Kitchen/Bath
The strongest comp in the set — same era, closest in size (856 sf), and confirmed to have an upgraded kitchen and bath. It sold in just 3 days, the fastest in this report, underscoring how much demand there is for turnkey small homes in this pocket of Pitman. This represents the top of the condition ladder for the subject.
If subject matches this condition: ~$202,000–$209,000
Ceiling — upgraded condition
118 Southeast Ave
Comparable 02
Sold
118 Southeast Ave
Pitman, NJ 08071 · 0.08 mi
$250,000
Sold Aug 14, 2026 · $245/sf · 8 Days in RPR
2 Beds
2 Baths
1,022 sf
Built 1900
Clean, Non-Original Finishes
Clean and well-maintained but not upgraded — non-original formica and finishes rather than a true remodel. Larger than the subject at 1,022 sf, but still sold in just 8 days. This is the mid-tier reference point on the condition ladder: presentable, functional, but not renovated.
If subject matches this condition: ~$173,000–$180,000
Mid-tier — clean but dated
125 12th Ave
Comparable 03
Sold
125 12th Ave
Pitman, NJ 08071 · 0.06 mi
$185,000
Sold Jun 1, 2026 · $190/sf · 5 Days in RPR
2 Beds
2 Baths
974 sf
Built 1900
Original / Dated
The lowest $/sf in the set, consistent with older, more original condition. Even so, it still sold in just 5 days — reinforcing that this is a fast-moving market across every condition tier, not just for upgraded homes. This anchors the bottom of the condition ladder.
If subject matches this condition: ~$133,000–$140,000
Floor — original condition
318 Legion Ct
Comparable 04
Sold
318 Legion Ct
Pitman, NJ 08071 · 0.15 mi
$200,000
Sold Aug 5, 2026 · $136/sf
Beds/Baths N/A
1,470 sf
Built 1920
Nearly double the subject's square footage, which explains its low $/sf despite a respectable total price. Condition wasn't confirmed for this comp. Included as general market context rather than a direct match, given the significant size gap.
Context Only — Size Gap Too Large
Market context only
Comparable analysis considers living area, condition, price per square foot, age, and current market activity. Adjustments are estimated and intended for broker opinion of value purposes only. Days in RPR across the three closest comps — 3, 8, and 5 days — confirm this is an unusually fast-moving micro-market for small, pre-1920 Pitman homes, faster than typically expected for this area. An active/pending listing, 203 East Ave ($209,900, 2bd/1ba, 790 sf, 65 days in RPR), was excluded from this analysis as it has not closed; its longer market time relative to the closed comps may reflect pricing or condition issues worth noting but not used as a value indicator.
Subject
TBD
Pending Inspection
RPR RVM
$228,580
Automated Est.
Comp 01
$247K
856 sf · Upgraded · 3 Days
Comp 02
$250K
1,022 sf · Clean · 8 Days
Comp 03
$185K
974 sf · Original · 5 Days
Comp 04
$200K
1,470 sf · Context Only
Pricing Analysis
Market Valuation — Pending Condition Confirmation
ProLegacy Realty · CMA

133 9th Ave, Pitman NJ

Estimated Value Range
$212K–$225K
720 sf · Pending inspection · July 2026
RPR Realtor Valuation Model (RVM) $228,580
CoreLogic RealAVM (range $196,800–$245,400, 68/100 confidence) $221,100
If matching 167 West Ave (upgraded) — condition ceiling ~$202,000–$209,000
If matching 118 Southeast Ave (clean, not upgraded) — mid-tier ~$173,000–$180,000
If matching 125 12th Ave (original/dated) — condition floor ~$133,000–$140,000
Preliminary blended estimate (pending confirmed condition) $212,000–$225,000
Preliminary List Price Range $199,900 – $219,900
Methodology: Two independent automated valuation models — RPR's RVM ($228,580) and CoreLogic's RealAVM ($221,100) — converge closely in the low-$220s, but neither model has visibility into the subject's actual interior condition. The three closest closed comps establish a clear condition-to-price ladder: 167 West Ave (upgraded kitchen/bath) at $289/sf, 118 Southeast Ave (clean but not upgraded, non-original finishes) at $245/sf, and 125 12th Ave (original/dated) at $190/sf — a near-linear relationship between condition and price in this market. Until the subject's condition is confirmed via in-person walkthrough, this report presents a preliminary range weighted toward the AVMs but pulled slightly below them, reflecting that a 1900-built home's actual condition is the single biggest swing factor in this analysis. This estimate and list price will be finalized immediately following the listing agent's walkthrough. Pricing Strategy: A list price range rather than a single figure is recommended given the pending inspection; final pricing should reference the condition ladder above once the walkthrough confirms where the subject actually falls.
Context & Strategy
Market Notes

Condition Reference (Agent Notes)

167 West Ave — Upgraded kitchen and bath. 118 Southeast Ave — Clean, non-original formica finishes; not upgraded. 125 12th Ave — Original/dated condition, lowest $/sf in the set. 318 Legion Ct — Condition not confirmed; excluded from condition ladder due to size gap. Subject (133 9th Ave) — Condition and bed/bath count pending in-person walkthrough. Use this reference to place the subject on the ladder immediately after inspection.

Pitman / 08071 Market Overview

This is a notably fast-moving micro-market for small, pre-1920 homes near downtown Pitman — closed comps sold in 3, 5, and 8 days respectively, well under what would typically be expected for this area. Small, well-located starter homes appear to be in short supply relative to demand.

Subject Property Opportunity

At 720 sq ft, 133 9th Ave is smaller than every comp in this report, which is exactly why $/sf is expected to run high rather than low here — true small-footprint stock is scarce in this pocket of Pitman. The subject's ultimate condition, to be confirmed at walkthrough, is the single largest factor determining where in the $133,000–$209,000 condition range it lands.

Why This Estimate Is Preliminary

Both automated valuation models (RPR and CoreLogic) sit meaningfully above what the condition ladder from actual closed sales would suggest for anything short of a fully upgraded interior — these models don't know the subject's true condition and should be treated as a ceiling reference, not a starting point. The subject was bank-owned as recently as 2014 (sold for $26,350 out of foreclosure), so deferred maintenance from that era remains a real possibility until confirmed otherwise. Final value and list price will be locked in the same day as the walkthrough.

Chris Farruggio

Chris Farruggio

Realtor Associate · ProLegacy Realty, LLC
📞 732-615-8806✉ Chris@prolegacyrealty.com

Buying or selling a home is one of the biggest decisions you'll make — and you deserve more than just a transaction. My goal is to showcase your property in the best possible light or help you find the perfect match that truly feels like home. Every client I work with receives dedicated service, clear communication, and a commitment to creating an exceptional experience from start to finish.

With over 20 years of experience in real estate investment, remodeling, and property management, I bring a unique perspective to the process. My background in construction management and house flipping allows me to help you see potential, avoid costly mistakes, and maximize your results — whether you're preparing to sell or searching for the right home.

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PRO LEGACY REALTY LLC
This Comparative Market Analysis is prepared for informational purposes only and does not constitute a licensed appraisal. Values are based on available property data, property details, comparable market activity, and current market conditions as of July 2026. All adjustments are estimated. Market conditions are subject to change. This report does not guarantee any specific sale price. This report is preliminary and pending an in-person inspection of the subject property. Bedroom/bathroom count and interior condition are not yet confirmed and materially affect the final estimated value and recommended list price.