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Sold for $455,000
  • $455,000

    505 Leconey Ave, Palmyra, NJ 08065

    5beds
    4baths
    2,214sqft
    Duplex
    Built in 1920
    -- sqft lot
    $496,900 Zestimate®
    $206/sqft
    $2,029 Estimated rent

    Home value

    $496,900

    $467,000 - $527,000

    $2,029/mo

    Zestimate® history
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    $2,029/mo

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    $3,178/mo

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    $3,178/mo

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    What's special

    Excellent opportunity for the investment minded Buyer. Duplex for sale with 2 completely remodeled units in an excellent location in Palmyra, short walk to shops, stores and the train. Charming exterior with freshly painted siding and covered front porch leads to the main foyer. From here you can access both units. Unit #1 is on the main floor, hosts 2 bedrooms, 2 bathrooms and a laundry room. Note the primary suite with fantastic bathroom including freestanding soaking tub and separate oversized shower with glass enclosure. From the primary suite you can access the laundry room and back deck that overlooks the gracious back yard. Moving on to Unit #2, located on the 2nd and 3rd floors and accessed from the staircase in the main foyer. This portion was just completed with new resilient flooring, interior doors and trim, fresh paint, remodeled kitchen and bathrooms and more. On the 2nd floor you will find living room, kitchen, 2 bedrooms and a full bathroom. The 3rd floor has charming 3rd bedroom with walk in closet/dressing area and another full bathroom. Must give ample notice to see the tenant occupied Unit #1. (**Lease in place for Unit #1 through Oct 2025**) The property has ample driveway parking for 2+ cars, a basement with plenty of storage, nice back yard play space and small storage shed. Live in one unit and or rent both units for double the cash flow. Properties to rent remain in demand and in low supply, especially properties that look like this!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Krisanda 856-229-1892,

    Weichert Realtors - Moorestown,

    Co-Listing Agent: Nancy B Coleman 609-760-2818,

    Weichert Realtors - Moorestown

    Bought with:

    Michael Carr, 234785

    Keller Williams Realty - Marlton

    Source: Bright MLS,MLS#: NJBL2061024MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Central, Other, Natural Gas
    Cooling
    • Central Air, Ductless, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,214
    • Total interior livable area: 2,214 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 7,497 sqft
    • Dimensions: 50.00 x 150.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 270010700017
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Aluminum Siding
    • Foundation: Stone
    Condition
    • Very Good
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Palmyra
    • Municipality: PALMYRA BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/10/2024Listing removed--
    Source: Bright MLS #NJBL2063902 Report a problem
    4/18/2024Listed for rent$2,500$1/sqft
    Source: Bright MLS #NJBL2063902 Report a problem
    4/9/2024Sold$455,000+1.1%$206/sqft
    Source: Bright MLS #NJBL2061024 Report a problem
    3/19/2024Pending sale$449,900$203/sqft
    Source: Bright MLS #NJBL2061024 Report a problem
    3/13/2024Contingent$449,900$203/sqft
    Source: Bright MLS #NJBL2061024 Report a problem
    3/4/2024Listed for sale$449,900+210.3%$203/sqft
    Source: Bright MLS #NJBL2061024 Report a problem
    5/22/2017Sold$145,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,717 +22.7%$201,600 +20.1%
    2024$7,105 $167,800
    2023-- $167,800
    2022$6,937 +3.6%$167,800
    2021$6,695 +2.9%$167,800
    2020$6,509 +1.4%$167,800
    2019$6,417 -2.9%$167,800
    2018$6,606 -6.4%$167,800 -4.1%
    2017$7,057 -5.3%$175,000 -14.3%
    2016$7,449 +8.4%$204,200
    2015$6,870 +4.6%$204,200
    2014$6,570 +6.7%$204,200
    2013$6,157 -0.1%$204,200 +60%
    2012$6,166 +1.3%$127,600
    2011$6,089 +7.7%$127,600
    2010$5,652 +4%$127,600
    2009$5,432 +3%$127,600
    2008$5,275 +8.6%$127,600
    2007$4,857 +9%$127,600
    2006$4,455 +5.6%$127,600
    2005$4,220 +3.5%$127,600
    2004$4,076 $127,600
    2003-- $127,600
    2002-- $127,600
    2001-- $127,600

    Find assessor info on the county website

    Neighborhood: 08065

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Palmyra Borough Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $496,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $496,900