NOT LISTED FOR SALE

1 Morgan Ave Palmyra, NJ 08065

Estimated Value: $724,000 - $983,000

3 Beds
2.5 Baths
5,180 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $485,000 $94 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,799/month

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • Water Oriented
  • 200 Feet of Waterfront
  • In Ground Pool
  • 0.97 Acre Lot

About This Home

As of May 2014

Be in for the Holidays! A RIVERFRONT home like NO other! Soaring ceilings, large open rooms and expansive views of the Delaware River await you in the unique transformation of the NJ American Water building. Totally rehabbed and converted to a special residence in 2000, the floor plan flexes to meet your specific needs. The main house is ideal for entertaining with its huge great room with sliders to a private patio overlooking the River. The Chef's kitchen boasts S.S. countertops and an Island eating area.

Last Agent to Sell the Property

Brian Menchel

(609) 923-4363 ReferBrian@gmail.com Connection Property Management Listed on: 06/14/2013

Last Buyer's Agent

Thomas Piecara

(609) 923-3438 thom@caperesortsrealty.com Cape Resorts Realty Group License #0454657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,719

Year Built

  • Built in 1930 | Remodeled in 2000

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 200 x 200
  • 200 Feet of Waterfront
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,180 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Patio

Additional Homes

  • Additional Residence on Property

Schools

  • Palmyra High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverfront Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 00001 01
  • Assessor Parcel Number 27-00101-00001 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,719

Year Built

Built in 1930 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Wa, Dr, Refrigerator, Freezer, Wt
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Year Renovated: 2000
  • Remarks Public: Be in for the Holidays! A RIVERFRONT home like NO other! Soaring ceilings, large open rooms and expansive views of the Delaware River await you in the unique transformation of the NJ American Water building. Totally rehabbed and converted to a special residence in 2000, the floor plan flexes to meet your specific needs. The main house is ideal for entertaining with its huge great room with sliders to a private patio overlooking the River. The Chef's kitchen boasts S.S. countertops and an Island eating area.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Disposal
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), 2nd Kitchen, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5180
  • Living Area Sq Ft: 5180
  • Net Sq Ft: 5180.00
  • Price Per Sq Ft: 96.53
  • Above Grade Finished Sq Ft: 5180
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd House
  • Construction Materials: Block
  • Construction Completed: No
  • Exterior Features: Street Lights, Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Flat
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 200

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • High School: PALMYRA
  • School District Key: 300200396966
  • High School: PALMYRA

Lot Info

  • Improvement Assessed Value: 324100.00
  • Land Assessed Value: 116600.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.97
  • Lot Dimensions: 200 X 200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42253.00
  • Outdoor Living Structures: Roof, Patio(s)
  • Property Condition: Good
  • Zoning: RESID

Green Features

  • Green Remarks: Solar Panels

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1714594
  • Tax Annual Amount: 14719.00
  • Assessor Parcel Number: 27-00101-00001 01
  • Tax Lot: 00001 01
  • Tax Year: 2013
  • Close Date: 05/27/2014

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jul 22, 2014
Sold by
Montgomery William Phelps
Bought by
Atkins Charles E and Atkins Margaret Q
Seller's Agent
Brian Menchel
Connection Property Management
Buyer's Agent
Thomas Piecara
Cape Resorts Realty Group
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$803,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,648
Avg. Annual Appreciation
4.53%
Original Mortgage
$285,000
Outstanding Balance
$216,922
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$586,726

Purchase Details

Closed on
Oct 3, 2003
Sold by
Montgomery William Phelps and Montgomery Monica Schuster
Bought by
Montgomery William Phelps and Montgomery Monica Schuster
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atkins Charles E $485,000 Infinity Title Agency Inc
Montgomery William Phelps -- Infinity Title Agency Inc
Montgomery William Phelps -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery William Phelps $285,000
Closed Montgomery William Phelps $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $485,000 -3.0% $94 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
08/21/2013 08/21/13 Price Changed $500,000 -4.8% $97 / Sq Ft
06/14/2013 06/14/13 For Sale $525,000 -- $101 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,472 $427,200 $116,600 $310,600
2024 $18,088 $427,200 $116,600 $310,600
2023 $18,088 $427,200 $116,600 $310,600
2022 $17,660 $427,200 $116,600 $310,600
2021 $17,045 $427,200 $116,600 $310,600
2020 $17,650 $440,700 $116,600 $324,100
2019 $17,095 $440,700 $116,600 $324,100
2018 $16,852 $440,700 $116,600 $324,100
2017 $16,636 $440,700 $116,600 $324,100
2016 $16,310 $440,700 $116,600 $324,100
2015 $16,077 $440,700 $116,600 $324,100
2014 $15,367 $440,700 $116,600 $324,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Menchel

    Seller's Agent in 2014

    Brian Menchel

    Connection Property Management

    (609) 923-4363

    1 in this area

    49 Total Sales

    Brian Menchel
    Section Image
  • Thomas Piecara

    Buyer's Agent in 2014

    Thomas Piecara

    Cape Resorts Realty Group

    (609) 923-3438

    36 Total Sales

    Thomas Piecara
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003499150

Bright MLS

APN: 27-00101-0000-00001-01

New Jersey Burlington County Palmyra 08065

1 Morgan Ave, Palmyra, NJ

This home is located at 1 Morgan Ave, Palmyra, NJ 08065 since 14 June 2013 and is currently estimated at $803,648, approximately $155 per square foot. This property was built in 1930. 1 Morgan Ave is a home located in Burlington County with nearby schools including Charles Street School, Palmyra Middle School, and Palmyra High School.

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