Palmyra, NJ 08065 401 Morgan Avenue

401 Morgan Avenue Palmyra, NJ - Image 1401 Morgan Avenue Palmyra, NJ - Image 2401 Morgan Avenue Palmyra, NJ - Image 3
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Presented By: EXIT MBR Realty
  • MLS# NJBL2081246
  • 02/19/2025
  • Request Tour
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  • Beds • 5
  • Garage • 2

Home Details

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, hardwood oors, new vinyl plank ooring 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 renished hardwood oors, new vinyl plank ooring 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.
Presented By: EXIT MBR Realty

Interior Features for 401 Morgan Avenue

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Window FeaturesEnergy Efficient, Insulated, Replacement

General for 401 Morgan Avenue

Acceptable FinancingCash, Conventional, FHA
Accessibility2+ Access Exits
Architectural StyleColonial
Association Recreation FeeN
CityPALMYRA
Construction MaterialsAluminum Siding
Cool FuelNone
CoolingWall Unit
CountyBURLINGTON
DirectionsFrom 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.
Garage Spaces2.00
Garage Y/NYes
HeatingRadiator
Home Warranty Y/NNo
Lease TypeMonth to Month
Location TypeCorner Lot/Unit
Lot Size Square Feet8700.00
Lot Size UnitsSquare Feet
MLS AreaPalmyra Boro (20327)
ModificationTimestamp2025-05-05T23:55:31
MunicipalityPALMYRA BORO
New ConstructionNo
Number Of Units Total1
Number of Units Leased1
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG211.16
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPALMYRA BOROUGH PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNONE AVAILABLE
Tax Annual Amount8743.0
Tax Assessed Value202200.0
Tax Lot00001
Tax Year2024
Total SQFT1989
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningR-1

Exterior for 401 Morgan Avenue

# of Detached Garage Spaces2
Foundation DetailsStone
Garage FeaturesOther
Land Assessed Value63600.00
Land Use Code
Lot Dimensions58.00 x 150.00
Lot Size Acres0.20
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces4
Type of ParkingDetached Garage, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Palmyra H.S.
Elementary School Charles Street School Elementary School
Middle School Palmyra Middle School

Rachel Shepherd

Price $420,000
MLS#NJBL2081246
List Date 02/19/2025
Property Type Multi-Family
Phone 703.929.4729
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