1 of 16

Want to see this property?

507 Maple Avenue

Palmyra, NJ 08065

– beds
– baths
2,400 sqft
14,998 sqft lot
$162 per sqft
1910 build

INVESTOR ALERT! 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!

Listing courtesy of BRIGHT / HomeSmart First Advantage Realty

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# NJBL2058748 —

The Building

Year Built:

1910
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame
Structure Type:

Detached
Architectural Style:

Victorian
Building Units Total:

1
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2400

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2400
Living Area SqFt:

2,400 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

right off of Broad street
Latitude:

40.00655746
Longitude:

-75.01997375

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.34
Lot Size Source:

Assessor
Lot Size Dimensions:

100.00 x 150.00
Lot Dimensions Source:

Assessor
Lot SqFt:

14,998 Sqft
Zoning:

RESIDENTIAL
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

27-00081-00002
Tax Year:

2023
Tax Lot:

00002
Tax Annual Amount:

$9,204
Tax Assessed Value:

$217,400
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

The Listing

Transaction Broker Compensation:

2.5
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent
Remarks - Buyer Agency Compensation:

There is a $100 MLS fee paid by the buyer broker to the listing broker.

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Hot Water
Heating Fuel:

Electric, Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Palmyra Borough Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Driveway, On Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/24/24 Apr 24, 2024	Listed / Active	BRIGHT	$390,000
3/26/24 Mar 26, 2024	Sold Subject To Contingencies	BRIGHT	$390,000
3/8/24 Mar 8, 2024	Relisted	BRIGHT	$390,000	8.3%

Want a closer look?

Go see 507 Maple Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Palmyra, NJ

Similar sold homes

This multifamily located in Palmyra, NJ 08065 is currently for sale for $390,000. 507 Maple Avenue is a 2,400 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Palmyra High School and Charles Street School.

Listing Courtesy of: BRIGHT and HomeSmart First Advantage Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.