$360,000
SOLD MAY 9, 2025

616 Chestnut St Palmyra, NJ 08065

3 Beds
1.5 Baths
1,000 Sq Ft
0.29 Acres

Recently Sold

$360 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Upgraded Countertops
  • Bathtub with Shower
  • No HOA
  • 1 Car Attached Garage
  • 3-minute walk to Legion Field

About This Home

As of May 2025

Beautiful Cape Cod with large yard located on corner lot. Home is entirely updated throughout with refinished floors and quartz countertops. New roof and new windows.

Last Agent to Sell the Property

James Shea

(856) 904-2954 jshea522@yahoo.com EXP Realty, LLC License #0564132 Listed on: 04/05/2025

EXP Realty, LLC

Last Buyer's Agent

Kerri Lopez

(609) 346-7270 kerri.lopez@cbpref.com Coldwell Banker Realty License #1971545

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1941

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100.00 x 125.00

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 2 Levels
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008 03
  • Assessor Parcel Number 27-00030-00008 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,611

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2025-04-05
  • Year Built: 1941
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bathroom - Tub Shower, Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Interior Access, Full
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 375.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 100.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12497.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6611.00
  • Assessor Parcel Number: 27-00030-00008 03
  • Tax Lot: 00008 03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
May 9, 2025
Sold by
Equity Financial Group Llc
Bought by
Greenfield Allison Pc
Seller's Agent
James Shea
EXP Realty, LLC
Buyer's Agent
Kerri Lopez
Coldwell Banker Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
92
Current Estimated Value
$355,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,134
Avg. Annual Appreciation
-1.59%
Original Mortgage
$288,000
Outstanding Balance
$286,262
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$69,604

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 15, 2024
Sold by
Heisey John M and Demirjian Rosemary
Bought by
Equity Financial Group Llc
Seller's Agent
Renee Nichols
Sureway Realty
Buyer's Agent
Renee Nichols
Sureway Realty
List Price
$150,000
Sold Price
$193,000
Premium/Discount to List
$43,000
28.67%
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.92%
Original Mortgage
$164,050
Interest Rate
7.1%
Mortgage Type
Construction
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 Type Sale Price Title Company
Deed $360,000 American Land Title
Deed $360,000 American Land Title
Deed $193,000 Endurance Abstract
Deed $193,000 Endurance Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Closed $288,000 New Conventional
Previous Owner $164,050 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $360,000 -4.0% $360 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $375,000 +94.3% $375 / Sq Ft
05/16/2024 05/16/24 Sold $193,000 +28.7% $244 / Sq Ft View Prior Sale
04/15/2024 04/15/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $150,000 -- $189 / 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 $6,611 $152,900 $78,000 $74,900
2024 $6,474 $152,900 $78,000 $74,900
2023 $6,474 $152,900 $78,000 $74,900
2022 $6,321 $152,900 $78,000 $74,900
2021 $5,415 $152,900 $78,000 $74,900
2020 $6,124 $152,900 $78,000 $74,900
2019 $5,931 $152,900 $78,000 $74,900
2018 $5,847 $152,900 $78,000 $74,900
2017 $5,522 $152,900 $78,000 $74,900
2016 $5,409 $152,900 $78,000 $74,900
2015 $5,328 $152,900 $78,000 $74,900
2014 $5,082 $152,900 $78,000 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2084318

Bright MLS

APN: 27-00030-0000-00008-03