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    740 Morgan Ave Palmyra, NJ 08065

    Under Contract
    For Sale
    $600,000

    MULTI_FAMILY - Colonial - PALMYRA, NJ

    Property size:
    3,450 SF
    Lot size:
    0.19 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 740 Morgan Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking
    2
    Parking features
    On Street, Garage
    Fireplace
    1
    Size
    3,450 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Frame, Stone, Vinyl Siding
    Architectural style
    Colonial

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent James P Shea (856) 665-1234 License #0564132

    Listing date Nov 13, 2025

    MLS# NJBL2096640 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palmyra Duplex with Spacious Apartments

    This duplex property features two apartments, each offering four bedrooms. Unit #1 includes 4 1/2 bathrooms, while Unit #2 has one bathroom. The property benefits from a two-car garage and ample street parking, situated on a corner lot. Each unit is equipped with its own boiler and hot water heater, and gas and electric utilities are separately metered. The property is located in Palmyra, New Jersey. The lot size is 0.19 acres, and the property size is 3450 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Burlington
    State
    New Jersey
    Longitude
    -75.01707
    Latitude
    40.00255

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    FAQs

    What type of property is this?
    Duplex - Two four-bedroom apartments, separate utilities, garage, corner lot.
    Where is this duplex located?
    The property is located at 740 Morgan Ave Palmyra, NJ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Two Units: Duplex consisting of two 4-bedroom apartments.; - Unit #1: Features 4 bedrooms and 4.5 bathrooms.; - Separate Utilities: Each unit has its own boiler, hot water heater, gas, and electric meters.
    (856) 665-1234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    740 Morgan Ave Palmyra, NJ 08065
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