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507 Maple Avenue, Palmyra, NJ 08065
$390,000
507 Maple Avenue, Palmyra, NJ 08065View this property at 507 Maple Avenue, Palmyra, NJ 08065
507 Maple AvenuePalmyraNJ08065
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Property Description
INVESTOR ALERT! Introducing a fantastic investment opportunity in Palmyra! The downstairs unit boasts impressive high ceilings, basement storage, three bed rooms and one bath. This unit is currently tenant-occupied, with a lease secured until August 2024. Upstairs, discover a charming space featuring two bedrooms and one bath, leased until October 2024. The bonus/storage space in the attic adds versatility to the upper unit. Recent upgrades include water heater replacements in 2023 and a newer boiler (replaced in 2020) ensuring efficiency throughout. Positioned in an "Opportunity Zone," this property maximizes profits for savvy investors. Each unit has its own separate electric meter, washer, and dryer. Don't miss out - seize this opportunity for financial growth!
Full Property Details
Full Property Details for 507 Maple Ave
General
- Price: $390,000
- Taxes: $9,204 (2023)
- Status: Active
- Type: Duplex
- MLS ID: NJBL2058748
- Updated: 4/25/2024
- Added to Site: 107 day(s) ago
Parking
- Parking Type: Driveway, On Street
Location
- Area: Palmyra Boro (20327)
- Municipality: PALMYRA BORO
- County: Burlington
- Driving Directions: right off of Broad street
School Information
- School District: Palmyra Borough Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Victorian
- Architectural Style: Victorian
- Structure Type: Detached
- Construction: Frame
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 2,400
- Sq. Ft. Source: Assessor
- Living Area: 2,400 Sq. Ft.
- Finished Above Grnd: 2,400 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,998
- Lot Size Source: Assessor
- Lot Dimensions: 100.00 x 150.00
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $162.5
- Assessment Year: 2023
- Tax w/Assessment: $217,400
- Tax Amount: $9,204
- Tax Year: 2023
- Tax Total Finished Sq. Ft.: 2400
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 2
Listed by HomeSmart First Advantage Realty, James V Bertino
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Schools
Schools serving 507 Maple Ave
School District:Palmyra Borough Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
100 W Charles St, Palmyra, NJ 08065 | PK-6 | 0.6 mi | |
311 W 5th St, Palmyra, NJ 08065 | 7-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Maple Ave
Date
Details
Price
Change
Source
3/08/2024
Price Increased
$390,000
8.33%
MLS
1/15/2024
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Maple Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$8,987
4%
$217,400
—
2021
$8,674
—
$217,400
—
2021
$8,662
4%
$217,400
—
2018
$8,313
1%
$217,400
—
2017
$8,207
2%
$217,400
—
2016
$8,046
1%
$217,400
—
2015
$7,931
-6%
$217,400
—
2019
$8,433
16%
$217,400
—
2013
$7,261
—
$217,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Maple Ave
507 Maple Avenue, Palmyra, NJ 08065 (MLS# NJBL2058748) is a Duplex property with 0 bedrooms and 0 full bathrooms. 507 Maple Avenue is currently listed for $390,000 and was received on January 15, 2024. Want to learn more about 507 Maple 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.