305-307 Leconey Avenue Palmyra, NJ $ 695,000
305-307 Leconey Avenue
$ 695,000
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305-307 Leconey Avenue

Palmyra, NJ, 08065
$ 695,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,800

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Multi-Family Home for sale in Palmyra, NJ

for $695,000 with 6 bedrooms. This home was built in 1876 on a lot size of 0.17.

**INQUIRE ABOUT THE INTEREST RATE BUY DOWN THE SELLER IS OFFERING** This triplex offers TWO ways to make owner-occupancy work for you! Choose the beautifully renovated three-story residence at 307 Leconey Avenue and let the two apartments provide rental income OR move into the vacant first-floor apartment at 305B and unlock even greater earning potential by renting the much larger three-story home along with the established upper apartment. This unique triplex offers over 4,000 square feet of living space, incredible flexibility, and multiple ways to help offset the cost of homeownership. The move-in-ready three-story residence blends historic character with modern conveniences. An enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, transom window, decorative fireplace, and wide-plank flooring. The stunning kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a renovated full bath, while the finished third floor provides two additional rooms perfect for an office, guests, or playroom. A brand-new HVAC system with central air services the 1st and 2nd floors. Prefer a smaller space and greater rental potential? 305B is vacant and ready for occupancy, offering a one-bedroom, first-floor apartment with its own laundry. Or use this private space for a loved one and create a wonderful multigenerational setup where everyone can live close while maintaining their independence. The spacious 2nd and 3rd floor apartment at 305A is occupied by exceptional long-term tenants with a proven history of on-time payments and a lease through the end of 2027, providing established rental income from day one. Both apartments include basement storage, and a separate 50x150 lot is included for off-street parking. Live large or live smaller and maximize your rental potentialthe choice is yours. This is more than a triplex; its an opportunity to make homeownership work for you.

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Multi-Family Pending

Price

$ 695,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 10,917

Style

Victorian

Lot Size

0.17

Year Built

1876

Town/City

Palmyra

County/Region

Burlington

MLS | Web ID

NJBL2119524

Features
General
Living Area 4009
Sewer Public Sewer
Heating Forced Air Baseboard - Electric Radiator
Cooling Central A/C Ceiling Fan(s) Wall Unit
Possession 0-30 Days CD
Roof Slate
Zoning RESIDENTIAL
Patio/Porch Features Porch(es) Enclosed
Architectural Style Victorian
Construction Materials Frame
School District PALMYRA BOROUGH PUBLIC SCHOOLS
Year Built 1876
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas Electric
Municipality PALMYRA BORO
Accessibility None
County BURLINGTON
Operating Expense 21512.00
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVA ILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status PENDING
Directions Temple Blvd to Leconey. Property is on right hand side.
City PALMYRA
Disclosures Lead Inspection Certificate Available
Number Of Units Total 3
MLS Area Palmyra Boro (20327)
Lot Size Units Square Feet
Lot Size Square Feet 7497.00
Number of Units Leased 3
Tax Annual Amount 10917.0
Property Condition Excellent Very Good
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 173.36
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Virtual Tour https://vimeo.com/1221429241?fl=pl&fe=sh
Lease Type Long Term None
Standard Status Pending
Year Built Source Estimated
Tax Lot 00005
Total Actual Rent 67800.00
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Interior
Heating Fuel Natural Gas Oil
Basement Full Interior Access Outside Entrance
Flooring Carpet Luxury Vinyl Plank
Hot Water Natural Gas Electric
Basement (Y/N) Y
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Central Air Y/N Y
Laundry Type Basement Main Floor
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Exterior
Exterior Amenities Play Area
Pool No Pool
Water Source Public
Inclusions All appliances
Type of Parking Off Street On Street
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.17
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 50000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 305
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* Excluded Features
List By
Coldwell Banker Realty

Broker

patricia.blosfelds@cbpref.com

Email

Affordability Calculator

$5,710
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,800
Monthly Property Taxes
$910
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/8/2026$695,000 -3.47% Price Down
8/27/2026$720,000 Listed Price

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305-307 Leconey Avenue, Palmyra, NJ, 08065 is a Multi-Family Home for sale at $695,000 with a lot size of 0.17. 305-307 Leconey Avenue has 6 bedrooms, 0.0 baths, and was built in 1876. The property's zip code is 08065 which is in Palmyra, NJ