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720 Morgan Avenue

720 Morgan Avenue, Palmyra, NJ 08065
Property in Burlington
Sold Dec 26, 1996
$108,550
$127,000 by Citibank Na
Mortgage Due Aug 01, 2030
720 Morgan Avenue has been categorized by the local assessors in Palmyra, NJ as a residential type of property. The building on the property was first built in 1935 and is 89 years old. The building has a total of 2 stories. In addition, 720 Morgan Avenue has 1,856 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,497 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The property was last sold in Nov 25, 1996 for $108,550. That's $58.49 per sqft. 720 Morgan Avenue was last assessed in 2022. The total value of the property was assessed at $177,600. Specifically, the land the property is located on was valued at $65,000. While improvements on the property were assessed at a total of $112,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,342. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,497
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GILMORE EDWARD S
  • Current Owner 2: WEST LORI ANNE
  • Previous Owner : LEVY BESS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palmyra Borough School District
  • Census Tract: 700102

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 27
  • Parcel: 27 00018-0000-00017- 01
  • Block: 18
  • Lot: 17.01
  • Municipality: PALMYRA BORO
  • Latitude: 40.003
  • Longitude: -75.0175

    Address

  • Full Address: 720 Morgan Ave
  • Address - House Number: 720
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Palmyra
  • Carrier Code: C001
  • 4-Digit Zip Code: 1932
  • Zip Code: 08065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,342

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 324,796
  • High Value: 380,454
  • Low Value: 269,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 14, 2015
  • First Open Lien Mortgage Loan Amount: $127,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $177,600
  • Market Land Value: $65,000
  • Market Improvement Value: $112,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $177,600
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $112,600

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 1996
  • Current Sale Recording Date: Dec 26, 1996
  • Current Sale Transaction ID: 1191595875
  • Current Sale Price: $108,550
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ACCESS CORP
  • First Mortgage Transaction Date: Dec 26, 1996
  • First Mortgage Loan Amount: $97,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2026

About Palmyra



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Frequently Asked Questions

What neighborhood is 720 Morgan Avenue located in?
The 720 Morgan Avenue is a located in the neighborhood of Burlington in Palmyra, Palmyra.
What is the average sales price for listings in 720 Morgan Avenue?
The average sales price for units in 720 Morgan Avenue is $0 currently.

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