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Property view

401 Morgan Ave, 
Palmyra, NJ 08065

$425,000


5

Beds


Bath


1,989

Sq Ft


Multi-Family

Sold

Listed by

Elise Bruccoliere

Bought with Non Subscribing Office

Exit Mbr Realty, 8566672000, mike@exitmbrrealty.com

MLS#

NJBL2081246

Source:

BRIGHTMLS

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About This Home

401 Morgan Ave

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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1910

Price Summary

414,999

$208 per Sq. Ft.

MLS #:

NJBL2081246

Sold:

July 23, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Colonial

Building Area:

1,989 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$414,999

Price per Sq. Ft:

$208 per Sq. Ft.

Source:BRIGHTMLS
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