NOT LISTED FOR SALE

5 Memorial Ave Palmyra, NJ 08065

Estimated Value: $344,000 - $388,000

3 Beds
2 Baths
1,288 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $245,000 $190 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,577/month

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Borough Park
  • No HOA

About This Home

As of April 2021

This home is located at 5 Memorial Ave, Palmyra, NJ 08065 since 19 December 2021 and is currently estimated at $365,890, approximately $284 per square foot. This property was built in 1940. 5 Memorial Ave is a home located in Burlington County with nearby schools including Charles Street School, Palmyra Middle School, and Palmyra High School.

Last Agent to Sell the Property

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 12/19/2021

Last Buyer's Agent

Corey Hort

(856) 582-1200 corey.hort@kw.com Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 1940

Lot Details

  • 5,520 Sq Ft Lot
  • Lot Dimensions are 92.00 x 60.00
  • Property is zoned R1

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,288 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 27-00036 01-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,685

Year Built

Built in 1940

Lot Details

5,520 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1288
  • Living Area Sq Ft: 1288
  • Price Per Sq Ft: 190.22
  • Above Grade Finished Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 131800.00
  • Land Assessed Value: 60800.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 92.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5520.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1713492
  • Tax Annual Amount: 7685.00
  • Assessor Parcel Number: 27-00036 01-00020
  • Tax Lot: 00020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2021
Closed on
Apr 14, 2021
Sold by
Mangan Michael Lawrence and Mangan Eileen A
Bought by
Orfe Timothy T
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Corey Hort
Keller Williams Realty - Washington Township
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$365,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,890
Avg. Annual Appreciation
8.51%
Original Mortgage
$240,562
Outstanding Balance
$217,545
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$148,345

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 21, 2016
Sold by
Wells Fargo Bank Na
Bought by
Mangan Michael Lawrence
Seller's Agent
John Zeigler
Vylla Home
Buyer's Agent
John Zeigler
Vylla Home
List Price
$98,600
Sold Price
$98,698
Premium/Discount to List
$98
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Jul 20, 2015
Sold by
Johnston Raymond J and Johnston Martine
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 10, 2003
Sold by
Relocation Resources International Inc
Bought by
Johnston Ray and Johnston Martine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,603
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2003
Sold by
Harken Brad S and Harken Heather
Bought by
Relocation Resources International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,603
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2002
Sold by
Perry Anthony S and Perry Colleen E
Bought by
Harken Brad S and Harken Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
6.36%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orfe Timothy T $245,000 Foundation Title Llc
Orfe Timothy T $245,000 Foundation Title
Mangan Michael Lawrence $98,698 Carrington Title Services
Wells Fargo Bank N A -- None Available
Johnston Ray $163,900 --
Relocation Resources International Inc $163,900 --
Harken Brad S $149,900 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orfe Timothy T $240,562
Closed Orfe Timothy T $240,562
Previous Owner Johnston Ray $162,603
Previous Owner Harken Brad S $154,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2021 12/19/21 For Sale $245,000 0.0% $190 / Sq Ft
04/14/2021 04/14/21 Sold $245,000 +148.2% $190 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/04/2016 02/04/16 Sold $98,698 +0.1% $77 / Sq Ft View Prior Sale
12/31/2015 12/31/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $98,600 -- $77 / Sq Ft
Source: Bright MLS

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 $8,328 $192,600 $60,800 $131,800
2024 $8,155 $192,600 $60,800 $131,800
2023 $8,155 $192,600 $60,800 $131,800
2022 $7,962 $192,600 $60,800 $131,800
2021 $6,634 $166,300 $60,800 $105,500
2020 $6,660 $166,300 $60,800 $105,500
2019 $6,451 $166,300 $60,800 $105,500
2018 $6,359 $166,300 $60,800 $105,500
2017 $6,278 $166,300 $60,800 $105,500
2016 $6,155 $166,300 $60,800 $105,500
2015 $6,067 $166,300 $60,800 $105,500
2014 $5,799 $166,300 $60,800 $105,500
Source: Public Records

Agents Affiliated with this Home

  • Corey Hort

    Buyer's Agent in 2021

    Corey Hort

    Keller Williams Realty - Washington Township

    (856) 430-9465

    2 in this area

    106 Total Sales

    Corey Hort
    Section Image
  • John Zeigler

    Seller's Agent in 2016

    John Zeigler

    Vylla Home

    (609) 649-3106

    95 Total Sales

    John Zeigler
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL2013488

Bright MLS

APN: 27-00036-01-00020

New Jersey Burlington County Palmyra 08065

5 Memorial Ave, Palmyra, NJ

Not Listed for Sale

Detached

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