401 Morgan Avenue, Palmyra, NJ 08065

$425,000
1,989
SqFt

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Sold Price
$425,000
List Price
$414,999
Closing Date
Jul 23, 2025
Days on Market
94
Status
CLOSED
MLS#
NJBL2081246
Living Area
1,989
Lot Size (Acres)
0.2
Style
Colonial
Year Built
1910
County
Burlington
School District
Palmyra Borough Public Schools

Property Description

This well-maintained duplex features one 2-bedroom, 1-bath unit and one 3 bedroom 1 bath unit each offering recent updates as well separate entrances in the front and back of each unit. Unit 1 has been recently upgraded with new replacement windows, new vinyl plank flooring in the kitchen and bathroom, a new exterior door, and freshly painted bedrooms. This unit also has access to the basement and laundry. Currently tenant-occupied, the tenant would prefer to stay, but the unit can be delivered vacant if preferred. Unit 2 is vacant and has also been freshly painted and features refinished hardwood floors, new vinyl plank flooring in the kitchen and bathroom, replacement windows, a new exterior door, as well as a private rooftop deck overlooking the backyard. Estimated rent for Unit 1 is 1,900(+) per month and estimated rent for Unit 2 is 2,100 (+). In addition to the spacious units, this property includes a 2-car detached garage with a new roof, offering extra storage or the potential for additional income. Located in a quiet residential neighborhood, this duplex is just minutes from Philadelphia, with easy access to Route 73, the Tacony-Palmyra Bridge, and the train. Close to parks, schools, shops and a short walk to the river, this property is a great opportunity for both investors and owner-occupants. For more information, please contact the listing agent.

Additional Information

Area
Palmyra Boro (20327)
Subdivision
None Available
Taxes
$8,743
Elementary School
Charles Street School
Middle School
Palmyra
High School
Palmyra H.S.
Garage Spaces
2
Heating
Radiator
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

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Listing courtesy of EXIT MBR Realty. Contact:

Selling Office: .