NOT LISTED FOR SALE

735 Morgan Ave Palmyra, NJ 08065

Estimated Value: $420,886 - $482,000

Studio
-- Bath
2,241 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $370,000 $165 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,169/month

5 Days on Market

Highlights

  • Deck
  • 5-minute walk to Palmyra
  • Main Floor Bedroom
  • Engineered Wood Flooring
  • Backs to Trees or Woods
  • Garden View

About This Home

As of March 2022

*. Well maintained Victorian style TriPlex in the heart of Historic Palmyra. Common space front porch and foyer. Interior entry to (3) units. Each unit has its own gas and electric meters. Common laundry area in basement. 1st floor unit includes attached Sunroom and separate laundry. 2nd and 3rd floor units has a rear deck/fire escape. Plenty of parking and large common space rear yard. Walking distance to Riverline, parks and downtown shopping. Close to all major roadways, bridges and Center City Phila.

Last Agent to Sell the Property

Susan Nece

(609) 923-0606 snece@weichert.com Weichert Realtors - Moorestown License #1325587 Listed on: 02/17/2022

Weichert Realtors - Moorestown

Last Buyer's Agent

JANEEN ALBERTSON

(609) 352-5894 janeenalbertson@gmail.com Weichert Realtors - Moorestown License #0679053

Weichert Realtors - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,878

Year Built

  • Built in 1920 | Remodeled in 1995

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Backs To Open Common Area
  • Infill Lot
  • Landscaped
  • Level Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in very good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 2,241 Sq Ft Home
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Casement Windows
  • Insulated Doors
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Cedar Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Drainage System
  • Sump Pump
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape
  • Flood Lights

Parking

  • 12 Parking Spaces
  • 8 Driveway Spaces
  • 4 Off-Street Spaces
  • Lighted Parking
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Palmyra High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Vented Exhaust Fan
  • Programmable Thermostat
  • 200+ Amp Service
  • Multi-Tank Natural Gas Water Heater
  • Multi-Tank High-Efficiency Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, water, lawn/shrub care, common area maintenance
  • Tax Lot 00008
  • Assessor Parcel Number 27-00017-00008

Community Details

Overview

  • Building Winterized
  • The Hill Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,034
  • Other Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,878

Year Built

Built in 1920 | Remodeled in 1995

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Appliances in each unit (3)
  • New Construction: No
  • Other Expense: 100.00
  • Year Built: 1920
  • Year Renovated: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater - High-Efficiency
  • Flooring Type: Carpet, Engineered Wood, Laminated, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cedar Closet(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Table Space, Stall Shower, Tub Shower
  • Window Features: Casement
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Beamed Ceilings, Masonry
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Daylight, Partial, Drainage System, Full, Outside Entrance, Interior Access, Rear Entrance, Sump Pump, Windows
  • Total Sq Ft: 2241
  • Living Area Sq Ft: 2241
  • Price Per Sq Ft: 160.20
  • Above Grade Finished Sq Ft: 2241
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Flood Lights, Exterior Lighting, Sidewalks, Street Lights, Fire Escape
  • Road Surface Type: Paved
  • Roof: Slate, Shingle
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Lighted Parking
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 8
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit, Window Unit(s)
  • Previous Twelve Months Electric Expense: 276.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Programmable Thermostat
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Multi-Tank, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA H.S.

Lot Info

  • Lot Features: Backs - Open Common Area, Backs To Trees, Front Yard, Landscaping, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Soil Types: Topsoilovrot
  • Zoning: RES

Rental Info

  • Existing Lease Type: Ground Lease
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Taxes - Real Estate, Insurance, Water, Lawn/Shrub Care, Common Area Maintenance
  • Total Actual Rent: 43800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 8878.00
  • Assessor Parcel Number: 27-00017-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 31, 2022
Sold by
Carl Brozis
Bought by
Hanni Teresa G and Hanni Steven J
Seller's Agent
Susan Nece
Weichert Realtors - Moorestown
Buyer's Agent
JANEEN ALBERTSON
Weichert Realtors - Moorestown
List Price
$359,000
Sold Price
$370,000
Premium/Discount to List
$11,000
3.06%
Current Estimated Value
$452,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,722
Avg. Annual Appreciation
5.45%
Original Mortgage
$252,000
Outstanding Balance
$237,729
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$214,993

Purchase Details

Listed on
Sep 5, 2019
Closed on
Dec 2, 2019
Sold by
Cornelius Properties Llc
Bought by
Brozis Carl
Seller's Agent
Robert Williams
Keller Williams Realty - Medford
Buyer's Agent
Susan Nece
Weichert Realtors - Moorestown
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%
Original Mortgage
$255,290
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2006
Sold by
Poulson Barbara
Bought by
Corneluis Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanni Teresa G $370,000 New Title Company Name
Brozis Carl $260,000 Turnkey Title
Corneluis Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanni Teresa G $252,000
Previous Owner Brozis Carl $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $370,000 +3.1% $165 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $359,000 -3.0% $160 / Sq Ft
02/21/2022 02/21/22 Off Market $370,000 -- --
02/17/2022 02/17/22 For Sale $359,000 +38.1% $160 / Sq Ft
12/02/2019 12/02/19 Sold $260,000 +2.0% $116 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $255,000 0.0% $114 / Sq Ft
07/01/2017 07/01/17 Rented $750 0.0% --
06/29/2017 06/29/17 Under Contract -- -- --
06/02/2017 06/02/17 For Rent $750 -11.8% --
09/01/2015 09/01/15 Rented $850 0.0% --
08/19/2015 08/19/15 Under Contract -- -- --
07/29/2015 07/29/15 For Rent $850 +1.8% --
08/01/2014 08/01/14 Rented $835 -9.7% --
07/28/2014 07/28/14 Under Contract -- -- --
01/17/2014 01/17/14 For Rent $925 +27.6% --
04/08/2013 04/08/13 Rented $725 0.0% --
04/05/2013 04/05/13 Under Contract -- -- --
03/21/2013 03/21/13 For Rent $725 -- --
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 $9,621 $222,500 $65,000 $157,500
2024 $9,421 $222,500 $65,000 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2016040

Bright MLS

APN: 27-00017-0000-00008