Looking to bring your investment dreams to life, or add to your portfolio? Located in the heart of downtown Palmyra, this income generating multi-family property features 2 units each with 2 bedrooms and 1 bathroom. The downstairs unit has access to additional space and storage in the full basement, while the upstairs unit has access to additional space in the attic. The downstairs unit features a spacious kitchen with a laundry room and access to the backyard and side driveway. The upper level can be accessed through the front porch area with tons of natural light, a perfect area for relaxing and taking in the scenery. Each unit has its own driveway, separate meters and water heaters. There is an additional separate meter for the heat. Upstairs unit currently rented at $1,300 a month (on month to month rental). Downstairs unit was rented for $1,400 a month. Both rental amounts can easily be increased with a little modernization. Close to the Riverline, Restaurants, Bars, Shopping and Transportation, this duplex is the perfect missing piece to your portfolio.
Sold for $345,000
$345,000
739 Cinnaminson Ave, Palmyra, NJ 08065
4beds
--baths
1,864sqft
Duplex
Built in 1913
-- sqft lot
$397,900 Zestimate®
$185/sqft
$2,108 Estimated rent
Home value
$397,900
$370,000 - $426,000
$2,108/mo
Zestimate® history
Owner options
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$2,108/mo
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$2,108/mo
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$2,424/mo
Est. payment
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$2,424/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Shannon Ragone 856-979-8972,
Hometown Realty Associates, LLC
Bought with:
Anthony Balboni, Sr., rm424208
Key Properties Real Estate
Source: Bright MLS,MLS#: NJBL2072820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Dryer, Washer, Washer/Dryer Stacked, Refrigerator, Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,864
- Total interior livable area: 1,864 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 6,116 Square Feet
- Dimensions: 60.00 x 102.00
- Features: Corner Lot
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2700036 0100018
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Block, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Palmyra
- Municipality: PALMYRA BORO
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $169,400
- Annual tax amount: $7,172
- Date on market: 9/19/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2024 | Sold | $345,000+3%$185/sqft |
Source:  Bright MLS #NJBL2072820 Report a problem | ||
| 10/8/2024 | Contingent | $335,000$180/sqft |
Source: Bright MLS #NJBL2072820 Report a problem | ||
| 9/19/2024 | Listed for sale | $335,000+39.6%$180/sqft |
Source: Bright MLS #NJBL2072820 Report a problem | ||
| 10/14/2009 | Listing removed | $240,000$129/sqft |
Source: CENTURY 21 Hearst Realty, Inc. #5403762 Report a problem | ||
| 10/28/2008 | Listed for sale | $240,000+148.1%$129/sqft |
Source: Century 21 #5403762 Report a problem | ||
| 3/5/1999 | Sold | $96,750$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,325 +2.1% | $169,400 |
| 2024 | $7,172 | $169,400 |
| 2023 | -- | $169,400 |
| 2022 | $7,003 +3.6% | $169,400 |
| 2021 | $6,759 +2.9% | $169,400 |
| 2020 | $6,571 +1.4% | $169,400 |
| 2019 | $6,478 +1.3% | $169,400 |
| 2018 | $6,395 +2% | $169,400 |
| 2017 | $6,269 +1.5% | $169,400 |
| 2016 | $6,180 +4.6% | $169,400 |
| 2015 | $5,907 +4.4% | $169,400 |
| 2014 | $5,658 +7.8% | $169,400 |
| 2013 | $5,247 +25.5% | $169,400 +62.1% |
| 2007 | $4,182 +8.5% | $104,500 |
| 2006 | $3,853 +5.3% | $104,500 |
| 2005 | $3,661 +3.3% | $104,500 |
| 2004 | $3,543 | $104,500 |
| 2003 | -- | $104,500 |
| 2002 | -- | $104,500 |
| 2001 | -- | $104,500 |
Find assessor info on the county website
Neighborhood: 08065
Nearby homes
- $--2 bd1 ba1k sqft739 Cinnaminson Ave #2, Palmyra, NJ 08065Off Market
- $365,9004 bd2 ba1.3k sqft723 Cinnaminson Ave, Palmyra, NJ 08065Off Market
- $296,200-- bd-- ba1.1k sqft3 Memorial Ave, Palmyra, NJ 08065Off Market
- $406,0002 bd-- ba2k sqft721 Cinnaminson Ave, Palmyra, NJ 08065Off Market
- $348,7003 bd2 ba976 sqft4 Oak Ln, Palmyra, NJ 08065Off Market
- $349,200-- bd-- ba1.6k sqft738 Cinnaminson Ave, Palmyra, NJ 08065Off Market
- $292,100-- bd-- ba1k sqft734 Cinnaminson Ave, Palmyra, NJ 08065Off Market
- $314,2004 bd1 ba1.4k sqft801 Cinnaminson Ave, Palmyra, NJ 08065Off Market
Nearby schools
GreatSchools rating
- 5/10Charles Street Elementary SchoolGrades: K-6Distance: 0.2 mi
- 3/10Palmyra Middle SchoolGrades: 7-8Distance: 0.4 mi
- 5/10Palmyra High SchoolGrades: 9-12Distance: 0.4 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
$397,900
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
$397,900
- New Jersey
- Burlington County
- Palmyra
- 08065
- 739 Cinnaminson Ave
Nearby cities
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