Palmyra, NJ 08065,401 MORGAN AVE
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Palmyra, NJ 08065,401 MORGAN AVE
Palmyra, NJ 08065,401 MORGAN AVE
Palmyra, NJ 08065,401 MORGAN AVE
Palmyra, NJ 08065,401 MORGAN AVE
Listed by Elise Bruccoliere • EXIT MBR Realty
Bought with NON MEMBER • Non Subscribing Office

$425,000

Est. payment /mo

$414,999

2.4%
Est.Price: ?

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401 MORGAN AVE Palmyra, NJ 08065

1,989 SqFt

SOLD DATE : 07/23/2025

Key Details

Sold Price $425,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,989 sqft

Price per Sqft $213

Subdivision None Available

MLS Listing ID NJBL2081246

Style Colonial

Year Built 1910

Available Date 2025-02-25

Annual Tax Amount $8,743

Tax Year 2024

Lot Size 8,700 Sqft

Property Sub-Type Detached

Property Description

This well-maintained duplex features one 2-bedroom, 1-bath unit and one 3 bedroom 1 bath unit each offering recent updates as well separate entrances in the front and back of each unit. Unit 1 has been recently upgraded with new replacement windows, new vinyl plank flooring in the kitchen and bathroom, a new exterior door, and freshly painted bedrooms. This unit also has access to the basement and laundry. Currently tenant-occupied, the tenant would prefer to stay, but the unit can be delivered vacant if preferred. Unit 2 is vacant and has also been freshly painted and features refinished hardwood floors, new vinyl plank flooring in the kitchen and bathroom, replacement windows, a new exterior door, as well as a private rooftop deck overlooking the backyard. Estimated rent for Unit 1 is 1,900(+) per month and estimated rent for Unit 2 is 2,100 (+).
In addition to the spacious units, this property includes a 2-car detached garage with a new roof, offering extra storage or the potential for additional income. Located in a quiet residential neighborhood, this duplex is just minutes from Philadelphia, with easy access to Route 73, the Tacony-Palmyra Bridge, and the train. Close to parks, schools, shops and a short walk to the river, this property is a great opportunity for both investors and owner-occupants. For more information, please contact the listing agent.

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning R-1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Wall Unit

Exterior

Parking Features Other

Garage Spaces 4.0

Water Access N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Charles Street School

Middle Schools Palmyra

High Schools Palmyra H.S.

School District Palmyra Borough Public Schools

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
agent

James Flanagan

Broker

+1(908) 783-8682

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