NOT LISTED FOR SALE

429 Horace Ave Palmyra, NJ 08065

Estimated Value: $339,000 - $431,000

-- Bed
-- Bath
2,592 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $190,000 $73 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,669/month

16 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • 2 Car Direct Access Garage

About This Home

As of January 2019

Great Investment opportunity! Charming Victorian Duplex w/Hardwood flooring - Two units, each with separate utilities. Live in one unit and let the other pay your mortgage! Tenants Pay Their Own Heat, Electric, Gas. Landlord/Investor Pays the Water, Sewer. Each Apt features 3 Bedrooms, LR, Kitchen, Dining Area, Bath, washer/dryer. Detached 2-car garage, driveway, off-street parking. Plenty of storage space: 1st floor unit incl C/A and basement; 2nd floor unit incl 3 window A/C units, Walk up attic. Nice curb appeal and ready for tenants.

Last Agent to Sell the Property

Geraldine Rossman

Weichert Realtors - Moorestown License #14305 Listed on: 12/20/2018

Weichert Realtors - Moorestown

Last Buyer's Agent

Gregory Hale

RE/MAX ONE Realty-Moorestown

RE/MAX ONE Realty-Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,317

Year Built

  • Built in 1930

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 50x175
  • Level Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Plaster Walls
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Palmyra Middle School
  • Palmyra High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • Municipal Trash
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, water, real estate taxes
  • Tax Lot 00019
  • Assessor Parcel Number 27-00114-00019

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,317

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Great Investment opportunity! Charming Victorian Duplex w/Hardwood flooring - Two units, each with separate utilities. Live in one unit and let the other pay your mortgage! Tenants Pay Their Own Heat, Electric, Gas. Landlord/Investor Pays the Water, Sewer. Each Apt features 3 Bedrooms, LR, Kitchen, Dining Area, Bath, washer/dryer. Detached 2-car garage, driveway, off-street parking. Plenty of storage space: 1st floor unit incl C/A and basement; 2nd floor unit incl 3 window A/C units, Walk up attic. Nice curb appeal and ready for tenants.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer - Electric, Washer, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Wood Floors, Attic
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 71.37
  • Above Grade Finished Sq Ft: 2592
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 429

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Road Surface Type: Paved
  • Roof: Pitched
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Inside Access
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Gas, Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Middle School: PALMYRA
  • High School: PALMYRA
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • High School: PALMYRA
  • Middle Or Junior School: PALMYRA

Lot Info

  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.20
  • Lot Dimensions: 50X175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: 2SFG

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Taxes - Real Estate
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Tax Annual Amount: 6317.00
  • Assessor Parcel Number: 27-00114-00019
  • Tax Lot: 00019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/29/2019

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Jan 29, 2019
Sold by
Humphrey Bradley D
Bought by
Cook John
Seller's Agent
Geraldine Rossman
Weichert Realtors - Moorestown
Buyer's Agent
Gregory Hale
RE/MAX ONE Realty-Moorestown
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Current Estimated Value
$377,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,663
Avg. Annual Appreciation
10.77%
Original Mortgage
$183,650
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2002
Sold by
Wark Steven K
Bought by
Humphrey Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
6.11%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Hud
Bought by
Wark Steven K

Purchase Details

Closed on
Feb 21, 1995
Sold by
Cummings Edward A
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Cook John $190,000 Foundation Title Llc Marlton
Humphrey Bradley D $154,500 Surety Title Corporation
Wark Steven K $79,863 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cook John $189,000
Closed Cook John S $184,000
Previous Owner Cook John $183,650
Previous Owner Humphrey Bradley D $107,100
Previous Owner Humphrey Bradley D $132,000
Previous Owner Humphrey Bradley D $8,000
Previous Owner Humphrey Bradley D $139,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $190,000 +2.7% $73 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $185,000 -- $71 / 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
2024 $6,995 $165,200 $60,800 $104,400
2023 $6,995 $165,200 $60,800 $104,400
2022 $6,829 $165,200 $60,800 $104,400
2021 $6,591 $165,200 $60,800 $104,400
2020 $6,616 $165,200 $60,800 $104,400
2019 $6,408 $165,200 $60,800 $104,400
2018 $6,317 $165,200 $60,800 $104,400
2017 $6,236 $165,200 $60,800 $104,400
2016 $6,114 $165,200 $60,800 $104,400
2015 $6,027 $165,200 $60,800 $104,400
2014 $5,761 $165,200 $60,800 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL244498

Bright MLS

APN: 27-00114-0000-00019