NOT LISTED FOR SALE

507 W 5th St Palmyra, NJ 08065

Estimated Value: $260,000 - $378,000

2 Beds
1.5 Baths
1,525 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $219,000 $144 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,229/month

Highlights

  • Colonial Architecture
  • No HOA
  • Vinyl Wall or Ceiling
  • Wood Flooring
  • Stainless Steel Appliances
  • Instant Hot Water

About This Home

As of August 2021

Property Overview - The ONE you've been looking for! This stunning sunlit two bedroom home has been beautifully renovated and boasts amazing new hardwood floors and renovated bathroom. Situated on a large lot with a fully fenced in yard. You'll love the updated kitchen, complete with gorgeous new cabinetry, granite counters, modern backsplash, and all new stainless steel appliances.

Last Agent to Sell the Property

Derek Eisenberg

(877) 996-5728 PropertyInquiry@ContinentalRealEstate.com Continental Real Estate Group License #611425 Listed on: 10/05/2020

Last Buyer's Agent

Timothy Belko

(856) 981-1743 timothy.belko@foxroach.com BHHS Fox & Roach-Washington-Gloucester License #0564155

BHHS Fox & Roach-Washington-Gloucester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 1940 | Remodeled in 2020

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Property is Fully Fenced

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,525 Sq Ft Home
  • Property has 2 Levels
  • Vinyl Wall or Ceiling
  • Dining Area
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Delaware Avenue Elementary School
  • Charles Street Middle School
  • Palmyra High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 27-00064-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,367

Year Built

Built in 1940 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Property Overview - The ONE you've been looking for! This stunning sunlit two bedroom home has been beautifully renovated and boasts amazing new hardwood floors and renovated bathroom. Situated on a large lot with a fully fenced in yard. You'll love the updated kitchen, complete with gorgeous new cabinetry, granite counters, modern backsplash, and all new stainless steel appliances.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Instant Hot Water, Microwave, Refrigerator, Stove, Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Dining Area, Carpet
  • Wall Ceiling Types: Vinyl
  • Levels Count: 2
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1525
  • Living Area Sq Ft: 1525
  • Price Per Sq Ft: 144.20
  • Above Grade Finished Sq Ft: 1525
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Elementary School: DELAWARE AVENUE E.S.
  • Middle School: CHARLES STREET M.S.
  • High School: PALMYRA H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • Elementary School: DELAWARE AVENUE E.S.
  • High School: PALMYRA H.S.
  • Middle Or Junior School: CHARLES STREET M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully
  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 36000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Roof
  • Year Assessed: 2020
  • Zoning: SFR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1714054
  • Tax Annual Amount: 5367.00
  • Assessor Parcel Number: 27-00064-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1525
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/31/2021

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Aug 31, 2021
Sold by
Shah Kush
Bought by
Zaugg Joseph A and Gansrich Tara Lynn
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Timothy Belko
BHHS Fox & Roach-Washington-Gloucester
List Price
$219,900
Sold Price
$219,000
Premium/Discount to List
-$900
-0.41%
Current Estimated Value
$315,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,798
Avg. Annual Appreciation
9.39%
Original Mortgage
$211,690
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 20, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Shah Kush
Seller's Agent
Kevin Wallace
MLS Direct
Buyer's Agent
Varinder Bal
EXP Realty, LLC
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.79%

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bank Of American Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 23, 2017
Sold by
Lanigan Joshua
Bought by
Bank Of America N A

Purchase Details

Closed on
Nov 24, 2010
Sold by
Harris Wendy
Bought by
Lanigan Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,146
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2009
Sold by
Harris Jonathan D and Harris Wendy
Bought by
Harris Wendy

Purchase Details

Closed on
May 10, 2005
Sold by
Njhr 1 Llc
Bought by
Harris Jonathan D and Harris Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,202
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2002
Sold by
Pollock Donald L
Bought by
Njhr 1 Llc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Federal National Mortgage Association
Bought by
Pollock Donald L

Purchase Details

Closed on
Apr 10, 2001
Sold by
Hyman James R and Hyman Merle K
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zaugg Joseph A $219,000 Connection Ttl Agcy Of Nj Ll
Shah Kush $77,430 Surety Lender Services Llc
Secretary Of Housing & Urban Development -- Title365
Bank Of America N A -- None Available
Lanigan Joshua $152,000 None Available
Harris Wendy -- None Available
Harris Jonathan D $109,900 Congress Title Corp
Njhr 1 Llc -- Congress Title Corp
Pollock Donald L $36,000 Congress Title Corp
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaugg Joseph A $211,690
Previous Owner Lanigan Joshua $148,146
Previous Owner Harris Jonathan D $108,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $219,000 -0.4% $144 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $219,900 +178.4% $144 / Sq Ft
05/22/2020 05/22/20 Sold $79,000 -11.2% $48 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $89,000 0.0% $54 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $89,000 -- $54 / 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 $6,642 $153,600 $36,000 $117,600
2024 $6,503 $153,600 $36,000 $117,600
2023 $6,503 $153,600 $36,000 $117,600
2022 $5,540 $134,000 $36,000 $98,000
2021 $5,347 $134,000 $36,000 $98,000
2020 $5,367 $134,000 $36,000 $98,000
2019 $5,198 $134,000 $36,000 $98,000
2018 $5,124 $134,000 $36,000 $98,000
2017 $5,059 $134,000 $36,000 $98,000
2016 $4,959 $134,000 $36,000 $98,000
2015 $4,888 $134,000 $36,000 $98,000
2014 $4,673 $134,000 $36,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL383420

Bright MLS

APN: 27-00064-0000-00008