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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
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,851

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Multi-Family Home for sale in Palmyra, NJ

for $265,000 with 5 bedrooms. This 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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Multi-Family Pending

Price

$ 265,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 6,081

Style

Victorian

Lot Size

0.09

Year Built

1910

Town/City

Palmyra

County/Region

Burlington

MLS | Web ID

NJBL2060194
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
Street Suffix STREET
Central Air Y/N N
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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
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PALMYRA BORO
Accessibility None
County BURLINGTON
New Construction N
Property Type Multi-Family
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
Zoning Description Duplex
Total Units 1
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
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft 138.02
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Days on Market 8
Location Type Suburban
Standard Status Pending
Year Built Source Assessor
Tax Lot 00001
Buyer Agent Compensation Type % Of Gross
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Exterior
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 Multi-Family Home for sale at $265,000 with a lot size of 0.09. 518 Race Street has 5 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 08065 which is in Palmyra, NJ

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