This versatile duplex on a large double corner lot presents a prime investment opportunity! Located in the desirable Palmyra neighborhood, it offers the flexibility to live in one unit and rent out the other, or combine them into a spacious single-family home. With its proximity to shops, stores, and the train station, and major city commutes, this property is ideally situated. The duplex features 2 bedrooms and 2.5 bathrooms & some bonus rooms for additional living space. The upstairs apartment has a bedroom, its own kitchen and living room with two large attic bonus rooms. The main floor unit offers a large, open bedroom and a bonus room that could be an office or livable space. Underneath the current flooring, hardwood floors await, adding a touch of classic elegance. The main unit also has access to the large basement with plenty of additional space for a variety of uses such as workshop or billiards. The 2-car garage with overhead storage completes this impressive property. There’s also a large crawl space for more storage. Don't miss this chance to own a duplex with immense potential. Contact us today to schedule a viewing!
The median home value in Palmyra, NJ is $275,000. This is lower than the county median home value of $316,600. The national median home value is $338,100. The average price of homes sold in Palmyra, NJ is $275,000. Approximately 66.88% of Palmyra homes are owned, compared to 23.89% rented, while 9.23% are vacant. Palmyra real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palmyra real estate agent to arrange a tour today!
Palmyra, New Jersey has a population of 7,429. Palmyra is less family-centric than the surrounding county with 22.32% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Palmyra, New Jersey is $78,736. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Palmyra is 40.9 years.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 47.9 inches per year, with 12.5 inches of snow per year.