507 Maple Avenue

Palmyra, NJ 08065

$390,000
Price
Beds
2,400 Sq. Ft.
$163 / Sq. Ft.
2,400
Sq. Ft.
$163
per Sq. Ft.

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...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!
  1. Listed by James V Bertino • HomeSmart First Advantage Realty
    P: 8564353400 bertinojim@gmail.com

Property Details for 507 Maple Avenue

Tax ID Number
27-00081-00002
Ownership
Fee Simple
Structure Type
Detached
Style
Victorian
Waterfront
No
Garage
No
Municipality
PALMYRA BORO
Central Air
No

Location

Listing Courtesy of HomeSmart First Advantage Realty
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LISTING UPDATED: 04/25/2024 01:14 AM

Property Details for 507 Maple Avenue

StatusActive
MLS #NJBL2058748
Days on Market46
Taxes$9,204 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.34 AC / 14,998 SF
CountyBurlington County

Location

Listing Courtesy of HomeSmart First Advantage Realty
Add your commute

Building Information for 507 Maple Avenue

Stories-Residences1Year Built1910Building Size-Lot Size0.34 AC / 14,998 SF

Payment Calculator

$2,895 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$767

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 Maple Avenue

Location
Location
  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District County ID: 300200396966
  • SchoolDistrictSource: Listing Agent
  • County: BURLINGTON
  • MLS Area: Palmyra Boro (20327)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $217,400
  • Year Assessed: 2023
  • Improvement Assessed Value: $137,400
  • Land Assessed Value: $80,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RESIDENTIAL
  • Tax Lot: 00002
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 2,400.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 100.00 x 150.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1714265
Parking
Parking
  • Type Of Parking: Driveway, On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 507 Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Maple Avenue

Taxable ValueLand$80,000Additions$137,400Total$217,400
Tax Record2022$8,987 ($749 / month)
Home Facts
Beds0Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size14,998 SqFtStyleSingle Family ResidenceYear Built1910CountyBURLINGTONAPN27 00081-0000-00002

Schools near 507 Maple Avenue

This home is within Palmyra Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Charles Street Elementary School
PublicPK to 5

Delaware Avenue Elementary School
Public7 to 12

Palmyra High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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507 Maple Avenue is a multi-family home for sale in Palmyra, NJ 08065. This property was listed for sale on January 15, 2024 by HomeSmart First Advantage Realty, it's currently listed at $390,000. This listing's school district is Palmyra Public School District. Nearby schools include Charles Street Elementary School, Delaware Avenue Elementary School and Palmyra High School. 507 Maple Avenue is a 0-bed, 0-bath, 2,400 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart First Advantage Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.