RENTED NOV 1, 2025

516 Morgan Ave Unit B Palmyra, NJ 08065

Estimated Value: $347,000 - $448,000

2 Beds
1 Bath
910 Sq Ft
$418/Sq Ft Est. Value

Highlights

  • Home Security System
  • 3-minute walk to Palmyra
  • Wood Siding
  • Ceiling Fan
  • Property is in very good condition
  • 4-minute walk to Borough Park

About This Home

As of November 2025

Come see this upstairs 2 bedroom, 1 bath, 2nd floor unit on a quiet tree lined street in Palmyra . Brand new refrigerator and dishwasher. Freshly painted with neutral colors inside and outside. There is a newer hardwood porch for those lazy summer afternoons. New carpet throughout and wood laminate flooring. New waterproof vinyl flooring in the kitchen. Completely remodeled bathroom. Blinds throughout. There is a large kitchen with plenty of room for your table and chairs. Your washer and dryer is conveniently located as you enter the unit. Upstairs on the 3rd floor is a large room perfect for an office or additional 2nd bedroom. 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. 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. Rental will be available for possession on 11/1/2025. Notice required to show is 24 hours and available to show between 10am and 7pm. Apply via the RentSpree link! Renter insurance is required.

Last Agent to Rent the Property

Lorraine Silverman

(856) 810-5300 lorraine.silverman@foxroach.com BHHS Fox & Roach-Marlton License #456390 Listed on: 09/02/2025

BHHS Fox & Roach-Marlton

Last Renter's Agent

Lorraine Silverman

(856) 810-5300 lorraine.silverman@foxroach.com BHHS Fox & Roach-Marlton License #456390 Listed on: 09/02/2025

BHHS Fox & Roach-Marlton

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned MULTI-FAMILY, 2SFG

Home Design

  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 910 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Shared Driveway

Schools

  • Palmyra Middle School
  • Palmyra High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • Morgan Park Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,475
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/25
  • Assessor Parcel Number 27-00081-00009

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Date Available: 2025-11-01
  • Pets Allowed: No
  • Security Deposit: 2475.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Historic: No
  • Inclusions: all existing appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 1.81
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Wood Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA
  • Middle Or Junior School: PALMYRA

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Very Good
  • Zoning: MULTI-FAMILY
  • Zoning Description: 2SFG

Tax Info

  • Assessor Parcel Number: 27-00081-00009

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

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
$380,208

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
$276,758

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:

--
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
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
11/01/2025 11/01/25 Rented $1,650 0.0% --
10/06/2025 10/06/25 Under Contract -- -- --
09/02/2025 09/02/25 For Rent $1,650 0.0% --
10/10/2023 10/10/23 Rented $1,650 0.0% --
09/16/2023 09/16/23 For Rent $1,650 -- --
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 $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

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Map

Source: Bright MLS

MLS Number: NJBL2094936

Bright MLS

APN: 27-00081-0000-00009