Landlord's Agent in 2017
Brian Menchel
Connection Property Management
(609) 923-4363
52 Total Sales
2 Memorial Ave Unit 4 & 6 Palmyra, NJ 08065
Estimated Value: $475,000 - $1,280,512
1
Bed
1
Bath
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- Contemporary Architecture
- 5-minute walk to Palmyra
- Breakfast Area or Nook
- Corner Lot
- No HOA
- Living Room
About This Home
As of May 2017Fantastic Boutique renovation on this quaint 6 unit apartment building in the heart of Palmyra. Steps away from the light rail system makes travel to Philadelphia a cinch. Secured building leads to private entrances with inside mail boxes. The apartments boast spacious living rooms with engineered plank flooring. Chef's kitchen with S.S. appliances, GRANITE counter tops, subway tile back splashes, informal breakfast bar overlooks living room. Custom full tiled baths, large storage closets, full sized master bedroom includes stackable washer and dryer! 2 units per floor adds to the privacy of the building. Water and sewer are included. This is a NON smoking building. Come enjoy City living in the heart of the suburbs. Units 4(second floor) and 6(third floor) are available immediately.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $12,972
Year Built
- Built in 1935 | Remodeled in 2013
Lot Details
- 6,534
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Replacement Windows
- Living Room
- Home Security System
- Unfinished Basement
Kitchen
- Breakfast Area or Nook
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 1 Bedroom
- En-Suite Primary Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- 100 Amp Service
- Natural Gas Water Heater
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Residential Lease
- Security Deposit $1,800
- Tenant pays for electricity, heat, gas
- Available 4/1/17
- Assessor Parcel Number 27-00039-00001
Community Details
Pet Policy
- Pets allowed on a case-by-case basis
Additional Features
- No Home Owners Association
- Fire Escape
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2014
Sold by
Abbet Llc
Bought by
Mtj Management Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$307,335
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$669,622
Purchase Details
Closed on
Jan 8, 2013
Sold by
Ahmed Iqbal and Salinas Marie A
Bought by
Abbet Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.41%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 23, 2011
Sold by
The Odonnell Group and Morris Nancy Elaine
Bought by
Ahmed Iqbal and Salinas Marie A
Purchase Details
Closed on
Mar 1, 2000
Sold by
Williams David George
Bought by
Morris Nancy Elaine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mtj Management Llc | $662,500 | None Available | |
| Abbet Llc | $305,000 | Surety Title Agency | |
| Ahmed Iqbal | $145,000 | Surety Title Company | |
| Morris Nancy Elaine | $218,067 | Collegiate Title & Abstract |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mtj Management Llc | $450,000 | |
| Closed | Mtj Management Llc | $450,000 | |
| Previous Owner | Abbet Llc | $393,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2017 05/01/17 | Rented | $1,050 | -12.5% | -- |
| 04/15/2017 04/15/17 | Under Contract | -- | -- | -- |
| 12/31/2016 12/31/16 | For Rent | $1,200 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $12,972 | $300,000 | $62,000 | $238,000 |
| 2024 | $12,702 | $300,000 | $62,000 | $238,000 |
| 2023 | $12,702 | $300,000 | $62,000 | $238,000 |
| 2022 | $12,402 | $300,000 | $62,000 | $238,000 |
| 2021 | $11,970 | $300,000 | $62,000 | $238,000 |
| 2020 | $12,015 | $300,000 | $62,000 | $238,000 |
| 2019 | $11,637 | $300,000 | $62,000 | $238,000 |
| 2018 | $11,472 | $300,000 | $62,000 | $238,000 |
| 2017 | $11,325 | $300,000 | $62,000 | $238,000 |
| 2016 | $11,103 | $300,000 | $62,000 | $238,000 |
| 2015 | $10,944 | $300,000 | $62,000 | $238,000 |
| 2014 | $10,461 | $238,400 | $62,000 | $176,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: 1002510400
APN: 27-00039-0000-00001
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