Landlord's Agent in 2024
Lorraine Silverman
BHHS Fox & Roach
(609) 313-2502
1 in this area
67 Total Sales
516 Morgan Ave Unit A Palmyra, NJ 08065
Estimated Value: $347,000 - $432,000
2
Beds
1
Bath
1,000
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 3-minute walk to Palmyra
- Hot Water Baseboard Heater
- No HOA
- Property is in very good condition
About This Home
As of October 2024Wait till you see this totally remodeled 2 bedroom, 1 bath, 1st floor unit on a quiet tree lined street in Palmyra. Everything has been redone. Freshly painted with neutral colors inside and outside. There is a new hardwood porch for those lazy summer afternoons. New carpet throughout. New waterproof vinyl flooring in the kitchen. All new appliances. Completely remodeled bathroom with stall shower and linen closet. All closet doors and blinds throughout. The kitchen is huge with plenty of room for your table and chairs and a large pantry. Downstairs in the basement you will find your own washer and dryer and a very large bonus room for storage or whatever you may need. There are window units to cool the house on those hot summer nights. Outside you will find a new driveway with tenant parking spaces on site. All this and just a short walk to the River Line. Close to all major highways, shopping, and Philadelphia is just minutes away. Landlord will pay the water and sewer and the tenant will pay the heat and electricity. Absolutely no pets will be considered. Absolutely no smoking will be permitted. All adults over 18 must complete the Rent Spree application. Client must provide current proof of income & have good credit. As per the landlord must make approximately 3 times the rent per month. The listing states that it is 2029 square feet. That is for both units . The 1st floor unit is approximately half of the total square footage. There are window units to cool the house on those hot summer nights. Outside you will find a new driveway with tenant parking spaces on site. All this and just a short walk to the River Line. Close to all major highways, shopping, and Philadelphia is just minutes away. Landlord will pay the water and sewer and the tenant will pay the heat and electricity. Absolutely no pets will be considered. Absolutely no smoking will be permitted. All adults over 18 must complete the Rent Spree application and provide copy of drivers licenses & current pay stubs for the last 60 days Client must provide current proof of income & have good credit. Tenant must obtain and provide proof of Tenant Insurance. As per the landlord must make approximately 3 times the rent per month. The listing states that it is 2029 square feet. That is for both units . The 1st floor unit is approximately half of the total square footage. 24 NOTICE REQUIRED FOR ALL APPOINTMENTS! To be considered the Seller requires a 700 credit score or above.
Last Agent to Rent the Property
(609) 313-2502 lorraine.silverman@foxroach.com BHHS Fox & Roach-Marlton License #456390 Listed on: 08/02/2024
Last Renter's Agent
(609) 313-2502 lorraine.silverman@foxroach.com BHHS Fox & Roach-Marlton License #456390 Listed on: 08/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,437
Year Built
- Built in 1910 | Remodeled in 2020
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
- Property is in very good condition
- Property is zoned MULTI FAMILY, multi family
Parking
- Driveway
Home Design
- Colonial Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,000 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Utilizes Natural Gas
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Morgan Park Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $2,475
- Tenant pays for cooking fuel, cable TV, electricity, gas, heat, hot water, insurance
- The owner pays for water, sewer
- Rent includes sewer, water
- No Smoking Allowed
- 12-Month Min and 24-Month Max Lease Term
- Available 9/16/24
- Assessor Parcel Number 27-00081-00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2016
Sold by
Frank Normoyle
Bought by
Goyins Theodore and Goyins Victoria
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
$129,000
Outstanding Balance
$103,450
Interest Rate
3.47%
Estimated Equity
$275,472
Purchase Details
Closed on
May 22, 2006
Sold by
Brooks John J and Brooks Debra
Bought by
Normoyle Frank and Normoyle Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,875
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2001
Sold by
Dignan John H and Dignan Ellen L
Bought by
Brooks John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
7.08%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 25, 1998
Sold by
Appeltans August E and Appeltans Maria K
Bought by
Kabinoff Robert I
Purchase Details
Closed on
Sep 23, 1994
Sold by
Colgan Dennis
Bought by
Dignan John H and Dignan Ellen L
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 |
|---|---|---|---|
| Goyins Theodore | -- | -- | |
| Normoyle Frank | $234,500 | Infinity Title Agency Inc | |
| Brooks John J | $139,000 | -- | |
| Kabinoff Robert I | $247,417 | Amalgamated Title Abstract | |
| Dignan John H | $109,000 | Surety Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goyins Theodore | $129,000 | |
| Closed | Goyins Theodore | -- | |
| Previous Owner | Normoyle Frank | $175,875 | |
| Previous Owner | Goyins Theodore | $140,663 | |
| Previous Owner | Brooks John J | $137,837 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Rented | $1,650 | 0.0% | -- |
| 09/20/2024 09/20/24 | Under Contract | -- | -- | -- |
| 08/02/2024 08/02/24 | For Rent | $1,650 | 0.0% | -- |
| 02/22/2023 02/22/23 | Rented | $1,650 | 0.0% | -- |
| 01/09/2023 01/09/23 | For Rent | $1,650 | +6.5% | -- |
| 02/27/2021 02/27/21 | Under Contract | -- | -- | -- |
| 02/26/2021 02/26/21 | Rented | $1,550 | +10.7% | -- |
| 01/12/2021 01/12/21 | For Rent | $1,400 | -- | -- |
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 | $7,437 | $172,000 | $57,000 | $115,000 |
| 2024 | $7,282 | $172,000 | $57,000 | $115,000 |
| 2023 | $7,282 | $172,000 | $57,000 | $115,000 |
| 2022 | $7,110 | $172,000 | $57,000 | $115,000 |
| 2021 | $6,863 | $172,000 | $57,000 | $115,000 |
| 2020 | $6,889 | $172,000 | $57,000 | $115,000 |
| 2019 | $6,672 | $172,000 | $57,000 | $115,000 |
| 2018 | $6,776 | $177,200 | $57,000 | $120,200 |
| 2017 | $6,689 | $177,200 | $57,000 | $120,200 |
| 2016 | $6,558 | $177,200 | $57,000 | $120,200 |
| 2015 | $6,464 | $177,200 | $57,000 | $120,200 |
| 2014 | $6,179 | $177,200 | $57,000 | $120,200 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Silverman
-
Jason Schatzberg
Buyer's Agent in 2021
Jason Schatzberg
Keller Williams Realty - Cherry Hill
(917) 583-7439
1 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2070482
APN: 27-00081-0000-00009
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