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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!
| DAYS ON MARKET | 2 | LAST UPDATED | 3/10/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Palmyra Boro (20327) |
| COUNTY | BURLINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PALMYRA BOROUGH PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Palmyra Boro (20327) |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Electric, Forced Air, Natural Gas, Oil |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 60.00 x 100.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 11298 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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