$342,000 - $392,000
RENTED OCT 1, 2024

516 Morgan Ave Unit A Palmyra, NJ 08065

2 Beds
1 Bath
1,000 Sq Ft
$369 Price per Sq Ft

About This Home

Wait 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.

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
$368,718

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
$104,828
Interest Rate
3.47%
Estimated Equity
$263,890

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
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
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 Brooks John J $129,000
Closed Brooks John J --
Closed Normoyle Frank $172,000
Previous Owner Normoyle Frank $175,875
Previous Owner Brooks John J $140,663
Previous Owner Brooks John J $140,663
Previous Owner Brooks John J $137,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --

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 $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

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