Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
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$265,000

$265,000

Est.Price: ?

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Est. payment /mo

1,920 SqFt


SOLD DATE : 06/13/2024

Key Details

Sold Price $265,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $138

Subdivision None Available

MLS Listing ID NJBL2060194

Sold Date 06/13/24

Style Victorian

Abv Grd Liv Area 1,920

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $6,228

Tax Year 2023

Lot Size 4,000 Sqft

Acres 0.09

Lot Dimensions 40.00 x 100.00

Property Description

NOW VACANT - buyer financing fell thru! Offers due by 6/11 5pm. Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your
mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest
now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to
be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, potential $1600+ . Some major components updated
within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt.
Some cosmetics will allow this property to max out on market rental rates. Quiet residential
neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered
carport. As-is sale, buyer responsible for twp CO transfer.

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Equipment Refrigerator, Oven/Range - Gas

Fireplace N

Appliance Refrigerator, Oven/Range - Gas

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 2.0

Carport Spaces 2

Waterfront N

Water Access N

Roof Type Asphalt,Flat

Accessibility None

Parking Type Driveway, Detached Carport, On Street

Total Parking Spaces 2

Garage N

Building

Foundation Stone, Block

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Palmyra Borough Public Schools

Others

Tax ID 27-00110-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Melanie C Elliott • Century 21 Veterans-Newtown
Bought with Anna P Alves • Keller Williams Realty - Moorestown
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165 Passaic Ave, Fairfield, NJ, 07004, USA

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