NOT LISTED FOR SALE

809 Morgan Ave Palmyra, NJ 08065

Estimated Value: $320,000 - $397,000

4 Beds
2 Baths
1,828 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $291,000 $159 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,435/month

26 Days on Market

Highlights

  • View of Trees or Woods
  • Solid Hardwood Flooring
  • Victorian Architecture
  • Open Floorplan
  • Main Floor Bedroom
  • Attic

About This Home

As of February 2023

INVESTMENT ALERT!*MULTI-UNIT* Here is your chance to own an INCOME GENERATING property! There are currently 2 separate rental units with an option of a third! UNIT 1 is located on the main level with 2 bedrooms and a full bathroom. Owner was getting $1,400/month (never raised the rent.)! Walk into this charming home and you'll appreciate the original hardwood flooring throughout as well as 9-foot ceilings. There is a spacious living room and dining room as well as a galley kitchen. The 2 generously sized bedrooms are fitted with window air conditioning units as well as ceiling fans. This unit has access to full, unfinished basement with washer and dryer hook ups! UNIT 2 is located on the second floor which offers original hardwood flooring, 2 bedrooms, 1 full bathroom, and a living room. Owner was getting $1,000/month (owner never raised the rent.) Window air conditioners are installed and the unit is ready to be occupied! There is access to the basement through the exterior door for access to the private washer and dryer! Walking up to the THIRD floor, you will find a huge, finished space! Just add a kitchenette and a bathroom and you will have a third unit(check with the township for land use board approvals and zoning.) ! RENT out your 1 car detached garage for additional income! The Riverton Yacht Club is nearby with access to boats on the Delaware River! Conveniently located within 30 minutes to Philadelphia and 2 hours from NYC! Don't miss out on this fantastic investment to add to your portfolio! Buyer to obtain the CO and any repairs. Selling the property AS IS, Present condition.

Last Agent to Sell the Property

Nancy Kowalik

(856) 478-3122 nancy@nancykowalik.com Nancy Kowalik Real Estate Group License #0571544 Listed on: 11/30/2022

Co-Listed By

Angela Hess

(412) 901-1720 angela@nancykowalik.com Nancy Kowalik Real Estate Group License #0678608

Last Buyer's Agent

Darlene Mayernik

(609) 605-7723 darlenemayernik@gmail.com Keller Williams Premier License #9693312

Keller Williams Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,151

Year Built

  • Built in 1920

Lot Details

  • 5,393 Sq Ft Lot
  • Lot Dimensions are 38.00 x 142.00
  • Infill Lot
  • Picket Fence
  • Wood Fence
  • Landscaped
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition

Parking

  • 1 Car Detached Garage
  • 5 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Victorian Architecture
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Solid Hardwood Flooring
  • Views of Woods
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Range

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Riverton Elementary School
  • Palmyra Middle School
  • Palmyra High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 27-00013-00003

Community Details

Overview

  • No Home Owners Association
  • Morgan Heights Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,151

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTMENT ALERT!*MULTI-UNIT* Here is your chance to own an INCOME GENERATING property! There are currently 2 separate rental units with an option of a third! UNIT 1 is located on the main level with 2 bedrooms and a full bathroom. Owner was getting $1,400/month (never raised the rent.)! Walk into this charming home and you'll appreciate the original hardwood flooring throughout as well as 9-foot ceilings. There is a spacious living room and dining room as well as a galley kitchen. The 2 generously sized bedrooms are fitted with window air conditioning units as well as ceiling fans. This unit has access to full, unfinished basement with washer and dryer hook ups! UNIT 2 is located on the second floor which offers original hardwood flooring, 2 bedrooms, 1 full bathroom, and a living room. Owner was getting $1,000/month (owner never raised the rent.) Window air conditioners are installed and the unit is ready to be occupied! There is access to the basement through the exterior door for access to the private washer and dryer! Walking up to the THIRD floor, you will find a huge, finished space! Just add a kitchenette and a bathroom and you will have a third unit(check with the township for land use board approvals and zoning.) ! RENT out your 1 car detached garage for additional income! The Riverton Yacht Club is nearby with access to boats on the Delaware River! Conveniently located within 30 minutes to Philadelphia and 2 hours from NYC! Don't miss out on this fantastic investment to add to your portfolio! Buyer to obtain the CO and any repairs. Selling the property AS IS, Present condition.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Oven/Range - Gas, Refrigerator
  • Flooring Type: Solid Hardwood
  • Interior Amenities: Attic, Central Vacuum, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Stall Shower, Tub Shower, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Plaster Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement, Has Laundry, Hookup, Lower Floor
  • Total Sq Ft: 1828
  • Living Area Sq Ft: 1828
  • Price Per Sq Ft: 150.44
  • Above Grade Finished Sq Ft: 1828
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 809

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Concrete
  • Roof: Asphalt
  • View: Street, Trees/Woods
  • 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
  • Parking Features: Concrete Driveway, Shared Driveway
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: On Street, Driveway, Detached Garage, Off Street
  • Number of Spaces in Driveway: 5
  • Off Street Parking Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available, Other
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Elementary School: RIVERTON E.S.
  • Middle School: PALMYRA
  • High School: PALMYRA H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • Elementary School: RIVERTON E.S.
  • High School: PALMYRA H.S.
  • Middle Or Junior School: PALMYRA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Picket, Wood
  • Improvement Assessed Value: 99000.00
  • Land Assessed Value: 49800.00
  • Lot Features: Cleared, Front Yard, Landscaping, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.12
  • Lot Dimensions: 38.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5393.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent, Very Good, Good, Average
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Total Actual Rent: 30000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1713139
  • Tax Annual Amount: 6151.00
  • Assessor Parcel Number: 27-00013-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1828
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/03/2023

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 25, 2023
Sold by
Aragoncillo Cynthia M
Bought by
Rahawi Abraham
Seller's Agent
Nancy Kowalik
Nancy Kowalik Real Estate Group
Buyer's Agent
Darlene Mayernik
Keller Williams Premier
List Price
$275,000
Sold Price
$291,000
Premium/Discount to List
$16,000
5.82%
Views
102
Current Estimated Value
$356,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,762
Avg. Annual Appreciation
7.93%
Original Mortgage
$285,729
Outstanding Balance
$277,004
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$79,758

Purchase Details

Closed on
Sep 4, 2007
Sold by
Turley Michael T and Turley Marguerite J
Bought by
Aragoncillo Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1994
Sold by
Peterson Bernice
Bought by
Turley Michael T and Turley Marguerite J
Source: Public Records

Range of Values:

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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
Rahawi Abraham $291,000 --
Aragoncillo Cynthia M $185,000 Foundation Title
Turley Michael T $105,000 Title One Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahawi Abraham $285,729
Previous Owner Aragoncillo Cynthia M $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $291,000 +5.8% $159 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $275,000 -- $150 / 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 $6,434 $148,800 $49,800 $99,000
2024 $6,300 $148,800 $49,800 $99,000
2023 $6,300 $148,800 $49,800 $99,000
2022 $6,151 $148,800 $49,800 $99,000
2021 $5,937 $148,800 $49,800 $99,000
2020 $5,959 $148,800 $49,800 $99,000
2019 $5,772 $148,800 $49,800 $99,000
2018 $5,690 $148,800 $49,800 $99,000
2017 $5,617 $148,800 $49,800 $99,000
2016 $5,507 $148,800 $49,800 $99,000
2015 $5,428 $148,800 $49,800 $99,000
2014 $5,189 $148,800 $49,800 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kowalik

    Seller's Agent in 2023

    Nancy Kowalik

    Nancy Kowalik Real Estate Group

    (856) 478-3122

    1 in this area

    461 Total Sales

    Nancy Kowalik
    Section Image
  • Angela Hess

    Seller Co-Listing Agent in 2023

    Angela Hess

    Nancy Kowalik Real Estate Group

    (412) 901-1720

    1 in this area

    69 Total Sales

    Angela Hess
    Section Image
  • Darlene Mayernik

    Buyer's Agent in 2023

    Darlene Mayernik

    Keller Williams Premier

    (609) 605-7723

    1 in this area

    359 Total Sales

    Darlene Mayernik
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL2037866

Bright MLS

APN: 27-00013-0000-00003

New Jersey Burlington County Palmyra 08065

809 Morgan Ave, Palmyra, NJ

This home is located at 809 Morgan Ave, Palmyra, NJ 08065 since 30 November 2022 and is currently estimated at $356,762, approximately $195 per square foot. This property was built in 1920. 809 Morgan Ave is a home located in Burlington County with nearby schools including Charles Street School, Palmyra Middle School, and Palmyra High School.

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