MULTIPLE OFFERS, BEST AND FINAL DEADLINE 5/19/2024 7PM. Introducing a fantastic investment opportunity in Palmyra! The downstairs unit boasts impressive high ceilings, basement storage, three bed rooms and one bath. This unit is currently tenant-occupied, with a lease secured until August 2024. Upstairs, discover a charming space featuring two bedrooms and one bath, leased until October 2024. The bonus/storage space in the attic adds versatility to the upper unit. Recent upgrades include water heater replacements in 2023 and a newer boiler (replaced in 2020) ensuring efficiency throughout. Positioned in an "Opportunity Zone," this property maximizes profits for savvy investors. Each unit has its own separate electric meter, washer, and dryer. Don't miss out – seize this opportunity for financial growth!
Sold for $425,000
$425,000
507 Maple Ave, Palmyra, NJ 08065
5beds
--baths
2,400sqft
Duplex
Built in 1910
-- sqft lot
$483,600 Zestimate®
$177/sqft
$1,965 Estimated rent
Home value
$483,600
$450,000 - $522,000
$1,965/mo
Zestimate® history
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What's special
Zillow last checked: 9 hours ago
Listing updated: September 23, 2024 at 02:22pm
Listed by:
Jim Bertino 609-980-1373,
HomeSmart First Advantage Realty
Bought with:
Toni Benjamin, 2299958
BHHS Fox & Roach-Moorestown
Source: Bright MLS,MLS#: NJBL2058748
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.34 Acres
- Dimensions: 100.00 x 150.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 270008100002
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Duplex
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Palmyra
- Municipality: PALMYRA BORO
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2024 | Listing removed | $1,750-5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2024 | Listed for rent | $1,850+2.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2024 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2024 | Listed for rent | $1,800+5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2024 | Sold | $425,000+9%$177/sqft |
Source:  Bright MLS #NJBL2058748 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,400 +2.1% | $217,400 |
| 2024 | $9,205 | $217,400 |
| 2023 | -- | $217,400 |
Find assessor info on the county website
Neighborhood: 08065
Nearby schools
GreatSchools rating
- 5/10Charles Street Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Palmyra Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Palmyra High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Palmyra Borough Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
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Estimated market value$483,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$483,600