$347,000
SOLD MAR 5, 2025

835 Cinnaminson Ave Palmyra, NJ 08065

-- Bed
-- Bath
2,248 Sq Ft
0.32 Acres

Recently Sold

$154 Per Sq Ft

7% Above List Price

7 Days on Market

About This Home

As of March 2025

This versatile duplex on a large double corner lot presents a prime investment opportunity! Located in the desirable Palmyra neighborhood, it offers the flexibility to live in one unit and rent out the other, or combine them into a spacious single-family home. With its proximity to shops, stores, and the train station, and major city commutes, this property is ideally situated.
The duplex features 2 bedrooms and 2.5 bathrooms & some bonus rooms for additional living space. The upstairs apartment has a bedroom, its own kitchen and living room with two large attic bonus rooms. The main floor unit offers a large, open bedroom and a bonus room that could be an office or livable space. Underneath the current flooring, hardwood floors await, adding a touch of classic elegance. The main unit also has access to the large basement with plenty of additional space for a variety of uses such as workshop or billiards. The 2-car garage with overhead storage completes this impressive property. There’s also a large crawl space for more storage.
Don't miss this chance to own a duplex with immense potential. Contact us today to schedule a viewing!

Last Agent to Sell the Property

Bill Watkins

(856) 539-2400 ww24ww@gmail.com Ovation Realty LLC License #2078110 Listed on: 12/31/2024

Ovation Realty LLC

Co-Listed By

Thomas Sadler

(609) 617-0620 tom.sadler@sadlerkruparealty.com Ovation Realty LLC License #787778

Last Buyer's Agent

Jerry Mac

(856) 220-1874 jerrymachomes@gmail.com Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,067

Year Built

  • Built in 1880

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 94.00 x 147.00

Home Design

  • Duplex
  • Colonial Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,248 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Schools

  • Charles Street Elementary School
  • Palmyra High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 27-00042-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,067

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-12-31
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: This versatile duplex on a large double corner lot presents a prime investment opportunity! Located in the desirable Palmyra neighborhood, it offers the flexibility to live in one unit and rent out the other, or combine them into a spacious single-family home. With its proximity to shops, stores, and the train station, and major city commutes, this property is ideally situated. The duplex features 2 bedrooms and 2.5 bathrooms & some bonus rooms for additional living space. The upstairs apartment has a bedroom, its own kitchen and living room with two large attic bonus rooms. The main floor unit offers a large, open bedroom and a bonus room that could be an office or livable space. Underneath the current flooring, hardwood floors await, adding a touch of classic elegance. The main unit also has access to the large basement with plenty of additional space for a variety of uses such as workshop or billiards. The 2-car garage with overhead storage completes this impressive property. There’s also a large crawl space for more storage. Don't miss this chance to own a duplex with immense potential. Contact us today to schedule a viewing!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2248
  • Living Area Sq Ft: 2248
  • Price Per Sq Ft: 144.57
  • Above Grade Finished Sq Ft: 2248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 835

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Elementary School: CHARLES STREET SCHOOL
  • High School: PALMYRA H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • Elementary School: CHARLES STREET SCHOOL
  • High School: PALMYRA H.S.

Lot Info

  • Lot Size Acres: 0.32
  • Lot Dimensions: 94.00 x 147.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13818.00
  • Year Assessed: 2024
  • Zoning: RES
  • Zoning Description: Residential Duplex

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Tax Annual Amount: 9067.00
  • Assessor Parcel Number: 27-00042-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/05/2025

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2024
Closed on
Feb 27, 2025
Sold by
Stinnett Lori J and Stinnett Elaine S
Bought by
Commander Bailey V
Seller's Agent
Bill Watkins
Ovation Realty LLC
Buyer's Agent
Jerry Mac
Keller Williams Realty - Cherry Hill
List Price
$325,000
Sold Price
$347,000
Premium/Discount to List
$22,000
6.77%
Views
163
Current Estimated Value
$374,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,570
Avg. Annual Appreciation
13.35%
Original Mortgage
$340,714
Outstanding Balance
$338,997
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$35,573

Purchase Details

Closed on
Oct 9, 2015
Sold by
Estate Of James A Stinnett and Stinnett Elaine A
Bought by
Dreby Diane E and Stinnett Elaine S
Source: Public Records

Range of Values:

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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 $347,000 None Listed On Document
Deed $347,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,714 FHA
Closed $340,714 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Sold $347,000 0.0% $154 / Sq Ft
03/05/2025 03/05/25 Sold $347,000 +6.8% $154 / Sq Ft View Prior Sale
01/08/2025 01/08/25 Pending -- -- --
01/08/2025 01/08/25 Pending -- -- --
12/31/2024 12/31/24 For Sale $325,000 0.0% $145 / Sq Ft
12/31/2024 12/31/24 For Sale $325,000 -- $145 / 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 $9,067 $209,700 $61,800 $147,900
2024 $8,879 $209,700 $61,800 $147,900
2023 $8,879 $209,700 $61,800 $147,900
2022 $8,669 $209,700 $61,800 $147,900
2021 $7,817 $209,700 $61,800 $147,900
2020 $8,398 $209,700 $61,800 $147,900
2019 $8,134 $209,700 $61,800 $147,900
2018 $8,019 $209,700 $61,800 $147,900
2017 $7,666 $209,700 $61,800 $147,900
2016 $7,511 $209,700 $61,800 $147,900
2015 $7,400 $209,700 $61,800 $147,900
2014 $7,062 $209,700 $61,800 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2078292

Bright MLS

APN: 27-00042-0000-00002