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Backup Offers

514 Race St, Palmyra, NJ, 08065

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
1,008 SqFt
$109/SqFt
House
Schools Nearby

Location

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514 Race St, Palmyra$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1940
HeatingBaseboard
CoolingNone
BasementYes
MLS #NJBL2032932
Lot Size0.09 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 514 Race St

Investor Alert!! 3 bed 1 bath with basement on a spacious corner lot. Great for a flip or to renovate and turn into a rental. Minutes from the highway and Pennsauken Creek.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Christopher J Teti

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Palmyra High School, Public District Grades 7-12

Other

Directions Information:

  • Directions: Corner of Race and 6th.

Municipality:

  • Palmyra Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $3,669
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmyra, NJ.

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Palmyra, NJ

City

Med. Sold Price

$250K

Med. Price/SqFt

$193

Avg. Days On Market

21

# of Sold Homes

9

514 Race St vs Palmyra

602 DAYS ON ROCKET

+581 Days

$110,000

-$140K Less

$109/SqFt

-$85 Less

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $85/SqFt less than other homes in Palmyra, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2032932

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Christopher J Teti

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 2:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,669$91,600
2019$3,502$91,600
2018$3,503$91,600
2017$3,458$91,600

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2164297
4
/10

  • Palmyra High School

  • 5th And Weart Blvd

  • 0.10 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,982. Most Palmyra, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Race St

What is the listing price of this property?

The listing price of 514 Race St property is $110,000.

What type of property is this?

The property 514 Race St is a house located in Palmyra, New Jersey, 08065.

Is this property for sale now?

Accepting Backup Offers: 514 Race St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 514 Race St are:
Palmyra High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,669 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 Race St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 514 Race St is 1,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Race St is 1940.

Rocket Homes›New Jersey›Burlington County›Palmyra›08065›514 Race St

This home is located at 514 Race St in Palmyra, NJ and zip code 08065. This 1,008 square foot home, which was built in 1940, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 30, 2022 and is currently priced at $110,000.

While more than 5 listings in Palmyra, NJ in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Palmyra, NJ between February 2024 and March 2024 increased by 26.5%. While the average time on the market in March 2024 was 21 days, the median list price was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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