Quadplex with Detached
For Sale
$634,900
428 Garfield Avenue, Palmyra, NJ 08065
Fully rented residential multifamily property with multi-unit layouts, separate utility metering, and RESIDENTIAL MULTI zoning.
Property Size4,493 SF
Price / SF$141.31
Days on Market169
Property Features for 428 Garfield Avenue
General Information
Standard status
Active
Size
4,493 SF
Total Parking Spaces
2
Property subtype
Multi-Family / Fee Simple
Zoning
RESIDENTIAL MULTI
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x studio, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,591
Amenities
No
No Pool
Above Grade, Below Grade
Exterior Lighting, Fire Escape, Flood Lights, Sidewalks, Street Lights
Building Details
Year Built
1890
Stories
3
Listing Agency:
RE/MAX ONE Realty-Moorestown
(856) 866-2525
Listed By:
Andrew Hirsch · License #8440159
(856) 866-2525
Source:
Compass
Added: Mar 15
Changed: Aug 29
Last Checked: Aug 29 at 8:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE Realty-Moorestown
Investment Insights
Based on property information with market context.
This 4,493-square-foot quadplex, built in 1890, contains four rented apartments arranged across three floors. The first floor includes a two-bedroom, two-bath residence with living room, dining room, kitchen, family room addition, and basement access. Two one-bedroom apartments occupy the second floor, including one studio-sized layout and one oversized unit. The third floor provides another two-bedroom apartment with one bath.
Property improvements include a two-car detached garage, full basement, exterior lighting, fire escape, flood lights, sidewalks, and street lights. Mechanical and utility infrastructure includes four heaters, two hot water heaters, five gas meters, and five electric meters. The property is zoned RESIDENTIAL MULTI and is located at 428 Garfield Avenue in Palmyra, with a commuter rail station less than 1 mile away.
Property improvements include a two-car detached garage, full basement, exterior lighting, fire escape, flood lights, sidewalks, and street lights. Mechanical and utility infrastructure includes four heaters, two hot water heaters, five gas meters, and five electric meters. The property is zoned RESIDENTIAL MULTI and is located at 428 Garfield Avenue in Palmyra, with a commuter rail station less than 1 mile away.
Key Highlights
- 4,493 SF quadplex built in 1890
- All 4 apartments are rented
- Unit mix includes two 2‑bedroom and two 1‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 08065, NJ
7,438
Population
3,406
Households
2.2
Avg Household Size
42
Median Age
30%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,132
Density / Sq Mi
$85,014
Median Household Income
$51,085
Median Earnings
$1,680
Median Rent
$216,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented residential multifamily property with multi-unit layouts, separate utility metering, and RESIDENTIAL MULTI zoning.
Where is this quadplex located?
The property is located at 428 Garfield Avenue Palmyra, NJ.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: 4,493 SF quadplex built in 1890; All 4 apartments are rented; Unit mix includes two 2‑bedroom and two 1‑bedroom apartments
