NOW VACANT - buyer financing fell thru! Offers due by 6/11 5pm. Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, potential $1600+ . Some major components updated within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt. Some cosmetics will allow this property to max out on market rental rates. Quiet residential neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.
Sold for $265,000
$265,000
518 Race St, Palmyra, NJ 08065
5beds
1,920sqft
Single Family Residence
Built in 1910
4,000 Square Feet Lot
$323,300 Zestimate®
$138/sqft
$2,851 Estimated rent
Home value
$323,300
$301,000 - $346,000
$2,851/mo
Zestimate® history
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$1,851/mo
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Zillow last checked:
Listing updated:
Listed by:
Melanie Elliott 267-243-8939,
Century 21 Veterans-Newtown
Bought with:
Anna Alves, 682225
Keller Williams Realty - Moorestown
Source: Bright MLS,MLS#: NJBL2060162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Refrigerator, Oven/Range - Gas, Gas Water Heater
- Laundry: In Basement
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,920
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Driveway, Detached Carport, On Street
- Carport spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Exterior features: Lighting
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 4,000 sqft
- Dimensions: 40.00 x 100.00
- Features: Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 270011000001
- Zoning: RES
- Zoning description: Duplex
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stone, Block
- Roof: Asphalt,Flat
Condition
- Average
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Palmyra
- Subdivision: None Available
- Municipality: PALMYRA BORO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2024 | Sold | $265,000$138/sqft |
Source:  Bright MLS #NJBL2060162 Report a problem | ||
| 6/8/2024 | Listed for sale | $265,000$138/sqft |
Source: Bright MLS #NJBL2060194 Report a problem | ||
| 4/20/2024 | Pending sale | $265,000$138/sqft |
Source: Bright MLS #NJBL2060162 Report a problem | ||
| 3/9/2024 | Contingent | $265,000$138/sqft |
Source: Bright MLS #NJBL2060162 Report a problem | ||
| 3/1/2024 | Listed for sale | $265,000+47.2%$138/sqft |
Source: Bright MLS #NJBL2060162 Report a problem | ||
| 7/2/2020 | Sold | $180,000-2.7%$94/sqft |
Source: Public Record Report a problem | ||
| 2/22/2020 | Listed for sale | $185,000+37%$96/sqft |
Source: Weichert Realtors-Turnersville #NJBL367422 Report a problem | ||
| 12/16/2019 | Sold | $135,000-3.6%$70/sqft |
Source: Public Record Report a problem | ||
| 11/7/2019 | Listed for sale | $140,000$73/sqft |
Source: Weichert Realtors #NJBL342688 Report a problem | ||
| 8/29/2019 | Listing removed | $140,000$73/sqft |
Source: Weichert Realtors #NJBL342688 Report a problem | ||
| 6/25/2019 | Price change | $140,000-3.4%$73/sqft |
Source: Weichert Realtors #NJBL342688 Report a problem | ||
| 6/12/2019 | Price change | $145,000-2.7%$76/sqft |
Source: Weichert Realtors #NJBL342688 Report a problem | ||
| 4/23/2019 | Listed for sale | $149,000+4.9%$78/sqft |
Source: Weichert Realtors #NJBL342688 Report a problem | ||
| 2/23/2019 | Listing removed | $142,000$74/sqft |
Source: Weichert Realtors #NJBL323118 Report a problem | ||
| 2/18/2019 | Pending sale | $142,000$74/sqft |
Source: Weichert Realtors-Medford #NJBL323118 Report a problem | ||
| 2/18/2019 | Listed for sale | $142,000$74/sqft |
Source: Weichert Realtors-Medford #NJBL323118 Report a problem | ||
| 12/5/2018 | Listing removed | $142,000$74/sqft |
Source: Weichert Realtors #1006615494 Report a problem | ||
| 4/6/2018 | Listed for sale | $142,000$74/sqft |
Source: Weichert Realtors-Medford #1000301056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,361 +2.1% | $147,100 |
| 2024 | $6,228 | $147,100 |
| 2023 | -- | $147,100 |
| 2022 | $6,081 +3.6% | $147,100 |
| 2021 | $5,869 +28.8% | $147,100 +25.2% |
| 2020 | $4,558 +1.4% | $117,500 |
| 2019 | $4,493 +1.3% | $117,500 |
| 2018 | $4,436 +2% | $117,500 |
| 2017 | $4,349 +1.5% | $117,500 |
| 2016 | $4,286 +4.6% | $117,500 |
| 2015 | $4,097 +4.4% | $117,500 |
| 2014 | $3,925 +8.1% | $117,500 |
| 2013 | $3,630 -0.1% | $117,500 +62.5% |
| 2012 | $3,635 +1.2% | $72,300 |
| 2011 | $3,592 +7.4% | $72,300 |
| 2010 | $3,344 +3.9% | $72,300 |
| 2009 | $3,220 +2.8% | $72,300 |
| 2008 | $3,131 +8.2% | $72,300 |
| 2007 | $2,893 +8.5% | $72,300 |
| 2006 | $2,666 +5.3% | $72,300 |
| 2005 | $2,533 +3.3% | $72,300 |
| 2004 | $2,451 | $72,300 |
| 2003 | -- | $72,300 |
| 2002 | -- | $72,300 |
| 2001 | -- | $72,300 |
Find assessor info on the county website
Neighborhood: 08065
Nearby schools
GreatSchools rating
- 5/10Charles Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Palmyra Middle SchoolGrades: 7-8Distance: 0.1 mi
- 5/10Palmyra High SchoolGrades: 9-12Distance: 0.1 mi
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
$323,300
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
$323,300
- New Jersey
- Burlington County
- Palmyra
- 08065
- 518 Race St
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