401 Morgan Ave Palmyra, NJ 08065
--
Bed
--
Bath
1,989
Sq Ft
8,700
Sq Ft Lot
Highlights
- Colonial Architecture
- 2 Car Detached Garage
- Replacement Windows
- Corner Lot
- More Than Two Accessible Exits
- Energy-Efficient Windows
About This Home
As of July 2025This 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, new vinyl plank flooring 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 refinished hardwood floors, new vinyl plank flooring 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.
Last Agent to Sell the Property
EXIT MBR Realty License #2297382 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,743
Year Built
- Built in 1910
Lot Details
- 8,700 Sq Ft Lot
- Lot Dimensions are 58.00 x 150.00
- Corner Lot
- Property is in good condition
Parking
- 2 Car Detached Garage
- 2 Driveway Spaces
Home Design
- Duplex
- Colonial Architecture
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 1,989 Sq Ft Home
- Replacement Windows
- Insulated Windows
- Unfinished Basement
Schools
- Charles Street Elementary School
- Palmyra Middle School
- Palmyra High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Natural Gas Water Heater
Additional Features
- More Than Two Accessible Exits
- Energy-Efficient Windows
Community Details
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 27-00088-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2002
Sold by
Morris Robin R and Rivers Russell P
Bought by
Rivers Michael and Rivers Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.24%
Similar Homes in Palmyra, NJ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $135,000 | Collegiate Title & Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $110,600 | New Conventional | |
| Closed | $108,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $425,000 | +1.2% | $214 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $420,000 | 0.0% | $211 / Sq Ft |
| 08/01/2014 08/01/14 | Rented | $1,000 | -9.1% | -- |
| 07/03/2014 07/03/14 | Under Contract | -- | -- | -- |
| 05/03/2014 05/03/14 | For Rent | $1,100 | +10.0% | -- |
| 03/03/2013 03/03/13 | Rented | $1,000 | -9.1% | -- |
| 02/12/2013 02/12/13 | Under Contract | -- | -- | -- |
| 12/07/2012 12/07/12 | For Rent | $1,100 | -- | -- |
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 | $8,743 | $202,200 | $63,600 | $138,600 |
| 2024 | $8,561 | $202,200 | $63,600 | $138,600 |
| 2023 | $8,561 | $202,200 | $63,600 | $138,600 |
| 2022 | $8,359 | $202,200 | $63,600 | $138,600 |
| 2021 | $8,068 | $202,200 | $63,600 | $138,600 |
| 2020 | $8,098 | $202,200 | $63,600 | $138,600 |
| 2019 | $7,843 | $202,200 | $63,600 | $138,600 |
| 2018 | $7,732 | $202,200 | $63,600 | $138,600 |
| 2017 | $7,633 | $202,200 | $63,600 | $138,600 |
| 2016 | $7,483 | $202,200 | $63,600 | $138,600 |
| 2015 | $7,376 | $202,200 | $63,600 | $138,600 |
| 2014 | $7,051 | $202,200 | $63,600 | $138,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bruccoliere
M
Seller's Agent in 2025
Michael Bruccoliere
MBR Realty Inc.
(609) 332-7497
15 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER MORR
NON MEMBER
-
K
Seller's Agent in 2014
Kimberly Perkins
Coldwell Banker Realty
-
Nancy Jones
N
Buyer's Agent in 2013
Nancy Jones
Buonomo Realty, LLC
(609) 472-7772
19 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2081246
APN: 27-00088-0000-00001
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