$380,000
SOLD APR 8, 2025

705 Chestnut St Palmyra, NJ 08065

3 Beds
1.5 Baths
1,352 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

5% Below List Price

86 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating and Cooling System
  • 3-minute walk to Ziggy's Dog Park
  • No HOA

About This Home

As of April 2025

This beautifully renovated 2 story home, with a kitchen featuring sleek granite countertops that provide both elegance and durability. The contemporary design is complemented by stainless steel appliances, offering a perfect balance of style and functionality. The upstairs of this 3-bedroom house has been updated with brand-new vinyl flooring, adding a modern touch while ensuring durability and ease of maintenance.

Last Agent to Sell the Property

Yosef Laniado

Cathy Ades Real Estate LLC License #1863146 Listed on: 12/11/2024

Last Buyer's Agent

Stefanie Capone

Real of Pennsylvania License #2183606

Real of Pennsylvania

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,627

Year Built

  • Built in 1990

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50.00 x 115.00
  • Property is zoned R1

Home Design

  • A-Frame Home
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 2 Levels
  • Basement

Kitchen

  • Oven
  • Range Hood
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • Palmyra Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 27-00034-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,627

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: This beautifully renovated 2 story home, with a kitchen featuring sleek granite countertops that provide both elegance and durability. The contemporary design is complemented by stainless steel appliances, offering a perfect balance of style and functionality. The upstairs of this 3-bedroom house has been updated with brand-new vinyl flooring, adding a modern touch while ensuring durability and ease of maintenance.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Freezer, Refrigerator, Oven - Single, Dishwasher, Range Hood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 1352
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 281.07
  • Above Grade Finished Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5750.00
  • Year Assessed: 2024
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7627.00
  • Assessor Parcel Number: 27-00034-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1352
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/08/2025

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Apr 8, 2025
Sold by
Zafrani Marc and Zafrani Sophie
Bought by
Smith Anthony D and Smith Lilliana
Seller's Agent
Yosef Laniado
Cathy Ades Real Estate LLC
Buyer's Agent
Stefanie Capone
Real of Pennsylvania
List Price
$399,999
Sold Price
$380,000
Premium/Discount to List
-$19,999
-5%
Views
107
Current Estimated Value
$382,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,300
Avg. Annual Appreciation
1.38%
Original Mortgage
$366,415
Outstanding Balance
$364,789
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$17,511

Purchase Details

Closed on
May 9, 2024
Sold by
Burlington County Sheriff
Bought by
Upland Mortgage Loan Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Aug 1, 2001
Sold by
Thompson William J
Bought by
Thompson Constance E
Source: Public Records

Range of Values:

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Average Value
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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 $380,000 Certified Title
Sheriffs Deed $225,000 None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,415 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $380,000 -2.6% $281 / Sq Ft
02/12/2025 02/12/25 Price Changed $389,999 -2.5% $288 / Sq Ft
12/11/2024 12/11/24 For Sale $399,999 -- $296 / 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 $7,628 $176,400 $58,000 $118,400
2024 $7,469 $176,400 $58,000 $118,400
2023 $7,469 $176,400 $58,000 $118,400
2022 $7,292 $176,400 $58,000 $118,400
2021 $6,295 $176,400 $58,000 $118,400
2020 $7,065 $176,400 $58,000 $118,400
2019 $6,843 $176,400 $58,000 $118,400
2018 $6,746 $176,400 $58,000 $118,400
2017 $6,409 $176,400 $58,000 $118,400
2016 $6,279 $176,400 $58,000 $118,400
2015 $6,435 $176,400 $58,000 $118,400
2014 $6,151 $176,400 $58,000 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2077912

Bright MLS

APN: 27-00034-0000-00003