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Image 1 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 2 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 3 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 4 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 5 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 6 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 7 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 8 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Image 9 - 518 Race St, Palmyra, New Jersey, 08065 - House for sale
Home For Sale In Palmyra, New Jersey
518 Race St, Palmyra, New Jersey, 08065

Home For Sale In Palmyra, New Jersey

house for sale
Listed: 06/11/24

518 Race St, Palmyra, New Jersey, 08065

5 Bed:
2 Bath:
1,920 Sq Ft Living Area:
Save
Price
$ 265,000

About This House

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 NJs 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 tenants enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.

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Palmyra Housing & Living

Household Income

Median household income: $68,307
Number of households: 2,987
The average household income in Palmyra, NJ grew from $66,130 to $68,307 in the past year. This data is an estimate based upon 2,987 households in Palmyra, NJ.
The chart below presents how household income is distributed in Palmyra, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Palmyra, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Palmyra, NJ equals $3k+ , which is more than the national average.