NOT LISTED FOR SALE

903 Morgan Ave Palmyra, NJ 08065

Estimated Value: $361,000 - $388,000

3 Beds
2 Baths
1,344 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $235,000 $175 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,725/month

12 Days on Market

Highlights

  • Home Theater
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of July 2019

Wonderfully located 4 square colonial in Palmyra. Completely updated and shows wonderfully. Very nice curb appeal as you arrive to a covered front porch. The newer front doors add a certain richness to the curb appeal. Enter into a small foyer typical of a four square colonial build. This leads directly into the cozy living room with hardwood flooring, extra windows for natural light and a brick fireplace. A large dining room with hardwood flooring offers nice architectural features also allowing for extra natural light. The kitchen has newer stainless steel appliances a breakfast bar that overlooks the dining room and a newer door leading to the back yard. Access to the basement is in the kitchen. The basement is partially finished with wood laminate flooring, a FULL bathroom, laundry room area and Bilco doors to the rear yard. There is additional storage area in the basement along with newer heater and hot water heater. The second floor offers three nice sized bedrooms all with their own air conditioning units. The main bathroom is totally renovated and shows like a dream. There is a full walk up attic that can be used for all your storage needs or for potential additional living space. The rear yard offers a nice flex space with a ground level deck and an oversized two plus car garage that any garage enthusiast will surely enjoy. There really is not much to do here as the owners have provided the next purchaser with a newer roof, newer systems, new sidewalk and driveway cinder and a well updated interior with fresher paint throughout. The location is ideal on the borders of Palmyra, Cinnaminson and Riverton tucked in a quiet less traveled spot. If you are looking for that garage to store your toys or to make the ideal man/woman cave this is a must to add to your list.

Last Agent to Sell the Property

Kevin Drzik

RE/MAX ONE Realty-Moorestown License #9332258 Listed on: 06/06/2019

RE/MAX ONE Realty-Moorestown

Last Buyer's Agent

Dennis Kain

Century 21 Reilly Realtors License #8732782

Century 21 Reilly Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,812

Year Built

  • Built in 1915

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50.00 x 142.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Theater
  • Laundry Room
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Laundry in Basement

Home Security

  • Alarm System
  • Flood Lights

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Hill Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 27-00004-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,812

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal property. Some furnishings negotiable in a separate bill of sale.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All existing appliances. All existing window treatments.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1915
  • Remarks Public: Wonderfully located 4 square colonial in Palmyra. Completely updated and shows wonderfully. Very nice curb appeal as you arrive to a covered front porch. The newer front doors add a certain richness to the curb appeal. Enter into a small foyer typical of a four square colonial build. This leads directly into the cozy living room with hardwood flooring, extra windows for natural light and a brick fireplace. A large dining room with hardwood flooring offers nice architectural features also allowing for extra natural light. The kitchen has newer stainless steel appliances a breakfast bar that overlooks the dining room and a newer door leading to the back yard. Access to the basement is in the kitchen. The basement is partially finished with wood laminate flooring, a FULL bathroom, laundry room area and Bilco doors to the rear yard. There is additional storage area in the basement along with newer heater and hot water heater. The second floor offers three nice sized bedrooms all with their own air conditioning units. The main bathroom is totally renovated and shows like a dream. There is a full walk up attic that can be used for all your storage needs or for potential additional living space. The rear yard offers a nice flex space with a ground level deck and an oversized two plus car garage that any garage enthusiast will surely enjoy. There really is not much to do here as the owners have provided the next purchaser with a newer roof, newer systems, new sidewalk and driveway cinder and a well updated interior with fresher paint throughout. The location is ideal on the borders of Palmyra, Cinnaminson and Riverton tucked in a quiet less traveled spot. If you are looking for that garage to store your toys or to make the ideal man/woman cave this is a must to add to your list.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Laundry, Media Room, Bathroom 2, Attic
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 177.83
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 903

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding
  • Exterior Features: Flood Lights, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 111000.00
  • Land Assessed Value: 64600.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7100.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: SFR

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1712971
  • Tax Annual Amount: 6812.00
  • Assessor Parcel Number: 27-00004-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 1344
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/31/2019

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 23, 2019
Sold by
Mormando Michael C and Mormando Karin
Bought by
Sharkey Raymond and Sharkey Elizabeth
Seller's Agent
Kevin Drzik
RE/MAX ONE Realty-Moorestown
Buyer's Agent
Dennis Kain
Century 21 Reilly Realtors
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Current Estimated Value
$369,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,963
Avg. Annual Appreciation
7.60%
Original Mortgage
$188,000
Outstanding Balance
$166,870
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$198,835

Purchase Details

Closed on
Jun 15, 2005
Sold by
Lamborne David G and Lamborne Donna M
Bought by
Mormando Michael and West Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 1999
Sold by
Preskenis Richard and Preskenis Lisa
Bought by
Lamborne David G and Perrone Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Sharkey Raymond $235,000 Title America
Mormando Michael $260,000 Infinity Title Agency Inc
Lamborne David G $130,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barba Irma $13,203
Open Sharkey Raymond $188,000
Previous Owner Mormando Michael $264,204
Previous Owner Mormando Michael $260,000
Previous Owner Lamborne David G $68,000
Previous Owner Lamborne David G $114,100
Previous Owner Lamborne David G $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $235,000 -1.7% $175 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $239,000 -- $178 / 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 $8,397 $194,200 $64,600 $129,600
2024 $8,222 $194,200 $64,600 $129,600
2023 $8,222 $194,200 $64,600 $129,600
2022 $8,028 $194,200 $64,600 $129,600
2021 $7,749 $194,200 $64,600 $129,600
2020 $7,778 $194,200 $64,600 $129,600
2019 $6,812 $175,600 $64,600 $111,000
2018 $6,715 $175,600 $64,600 $111,000
2017 $6,629 $175,600 $64,600 $111,000
2016 $6,499 $175,600 $64,600 $111,000
2015 $6,406 $175,600 $64,600 $111,000
2014 $6,123 $175,600 $64,600 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL347180

Bright MLS

APN: 27-00004-0000-00002