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Palmyra,NJ 08065
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJBL2082234
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $11,298
Tax Year 2024
Lot Size 5,998 Sqft
Acres 0.14
Lot Dimensions 60.00 x 100.00
Property Sub-Type Mixed Use
Property Description
Discover this versatile mixed-use corner property situated on a quiet street in Palmyra, New Jersey—a fantastic investment with strong income potential! The first floor is currently occupied by a funeral home, providing stable commercial tenancy, while the top two residential units each offer 2 bedrooms and 1 full bathroom, making them highly desirable rental units.
This property features ample parking, including a spacious driveway, a 2-car garage, and additional street parking. Investors will appreciate the strong cap rate, ensuring great returns on investment. Conveniently located with easy access to major highways, shopping, and public transportation, this is an opportunity you don't want to miss!
Schedule your showing today and explore the potential of this high-performing mixed-use property!
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning COMM
Interior
Hot Water Electric
Cooling Central A/C
Flooring Tile/Brick,Carpet
Heat Source Natural Gas,Electric,Oil
Exterior
Water Access N
Roof Type Pitched
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Palmyra Borough Public Schools
Others
Tax ID 27-00064-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard