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    11 Broad St Palmyra, NJ 08065-1604
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    Property profile & analytics

    11 Broad St, Palmyra, NJ 08065-1604

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    • Commercial real estate
    • 5,504 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Mar 26, 2025
    $650,000
    Property ID
    US59-0349391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    7.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Ladies choice / Hair Salon / Nail Salon
    • Palmyra Dollar Store / (Bike/Boat/Book/etc) Store
    • Kel Bells Good Mood Food NJ / Cafe & Coffee Shop
    • Moment to Moment Events / Wedding Service / Event Planning

    Property Details for 11 Broad St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property type
    Commercial real estate
    APN
    27 00083-0000-00015
    APU
    2700083000000015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 26, 2025 $650,000 Ravj Palmyra LLC 11 13 East Broad LLC Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $605,000
      ML approach
      $550,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $780,000
      6.5%
      $720,000
      7%
      $665,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $429,000
      Market price range: $429k - $1.35M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $825,000
      Current use
      OFFICE BUILDING
      $1,020,000
      Change: +24% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $720,000
      Change: -13% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $705,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Burlington
    State
    New Jersey
    Longitude
    -75.0215
    Latitude
    40.0045
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,740
    $44,000
    $191,600
    $235,600
    -
    $44,000
    $191,600
    $235,600
    More about this property
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