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$425,000
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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.
Full Property Details
Full Property Details for 401 Morgan Ave
General
- Sold For: $425,000
- Taxes: $8,743 (2024)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: NJBL2081246
- Added to Site: 326 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Type: Detached Garage, Driveway
- Garage Description: Other
Location
- Area: Palmyra Boro (20327)
- Municipality: PALMYRA BORO
- County: Burlington
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: 4th St
- Driving Directions: From Route 130 to Cinnaminson Ave going towards the Tacony Palmyra Bridge make a right on 4th St and the property is on the corner of 4th St & Morgan Ave.
- Location Details: Corner Lot/Unit
School Information
- School District: Palmyra Borough Public Schools
- Elementary School: Charles Street School
- Middle School: Palmyra
- High School: Palmyra H.S.
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Windows: Energy Efficient, Insulated, Replacement
- Stories/Levels: 0
- Square Feet: 1,989
- Sq. Ft. Source: Assessor
- Living Area: 1,989 Sq. Ft.
- Finished Above Grnd: 1,989 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,700
- Lot Size Source: Assessor
- Lot Dimensions: 58.00 x 150.00
- Zoning: R-1
Financial Considerations
- Price Per Sq. Ft.: $208.65
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $202,200
- Tax Amount: $8,743
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1989
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by EXIT MBR Realty, Elise Bruccoliere
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 401 Morgan Ave
School District:Palmyra Borough School District
| Name | Grades | Distance |
|---|---|---|
Charles Street Elementary School 100 West Charles Street, Palmyra, NJ 08065 | PK-6 | 0.7 mi |
Palmyra High School 311 West 5th Street, Palmyra, NJ 08065 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Morgan Ave
Date
Details
Price
Change
Source
7/23/2025
Sold
$425,000
2.41%
MLS
5/14/2025
Price Reduced
$414,999
-1.19%
MLS
2/25/2025
Listed
$420,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
401 Morgan Avenue, Palmyra, NJ 08065 (MLS# NJBL2081246) is a Duplex property that was sold at $425,000 on July 23, 2025. Want to learn more about 401 Morgan Avenue? Do you have questions about finding other Duplex real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.

