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518 Race Street Palmyra, NJ $ 265,000
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$ 265,000 Get more info
518 Race Street
$ 265,000
Back to search
Share Save

518 Race Street

Palmyra, NJ, 08065
$ 265,000
Bedrooms4 Baths2.0 Sq 1,920

Monthly Estimate*

$ 1,851

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Single Family Home for sale in Palmyra, NJ

for $265,000 with 4 bedrooms and 2 full baths. This 1,920 square foot home was built in 1910 on a lot size of 0.09.

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 NJs 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, occupied with long term tenant that would like to stay at $1050 per month. 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 tenants enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.

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Single Family Pending

Price

$ 265,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 6,081

Style

Victorian

Lot Size

0.09

Year Built

1910

Town/City

Palmyra

County/Region

Burlington

MLS | Web ID

NJBL2060162
Features
Interior
Heating Fuel Electric Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1920
Full Baths 2
Street Suffix STREET
Central Air Y/N N
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Basement
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession 0-30 Days CD 31-60 Days CD
Roof Asphalt Flat
Appliances Refrigerator Oven/Range - Gas
Exterior Features Exterior Lighting
Zoning RES
Pool Y/N No Pool
Architectural Style Victorian
Construction Materials Frame
Exclusions tenant personal contents
Year Built 1910
Electric 200+ Amp Service
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PALMYRA BORO
Accessibility None
County BURLINGTON
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions GPS
City PALMYRA
Buyer Agent Compensation 2.5
Senior Community Y/N N
Zoning Description Duplex
MLS Area Palmyra Boro (20327)
Lot Size Square Feet 4000.00
Waterfront Y/N N
Street Name RACE
Tax Annual Amount 6081.0
Home Warranty Y/N N
Property Condition Average
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 138.02
Acceptable Financing Cash Conventional FHA
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 8
Location Type Suburban
Standard Status Pending
Year Built Source Assessor
Tax Lot 00001
Total Actual Rent 2900.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Fencing Chain Link
Parking Features Concrete Driveway
Water Source Public
Inclusions 2 refrigerators 2 stoves
Type of Parking Driveway Detached Carport On Street
Foundation Details Stone Block
Spa N
Water View Y/N N
Lot Dimensions 40.00 x 100.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 36000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Century 21 Veterans-Newtown

Broker

melanieelliott@verizon.net

Email

Affordability Calculator

$2,358
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,851
Monthly Property Taxes
$507
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535881 Elementary School
3534457 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2024$265,000 Listed Price

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518 Race Street, Palmyra, NJ, 08065 is a Single Family Home for sale at $265,000 with 1,920 sqft and a lot size of 0.09. 518 Race Street has 4 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 08065 which is in Palmyra, NJ

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