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305 305-307 Leconey Ave , Palmyra, NJ 08065
$695,000
Est. Payment: $3,753.01/mo
4 Bed
1 Bath
4009 Sqft
0.17 Acres
Status: pending | Days on site: 47
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BEDG01 - 3228717
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House Description

**INQUIRE ABOUT THE INTEREST RATE BUY DOWN THE SELLER IS OFFERING** This triplex offers TWO ways to make owner-occupancy work for you! Choose the beautifully renovated three-story residence at 307 Leconey Avenue and let the two apartments provide rental income OR move into the vacant first-floor apartment at 305B and unlock even greater earning potential by renting the much larger three-story home along with the established upper apartment. This unique triplex offers over 4,000 square feet of living space, incredible flexibility, and multiple ways to help offset the cost of homeownership. The move-in-ready three-story residence blends historic character with modern conveniences. An enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, transom window, decorative fireplace, and wide-plank flooring. The stunning kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a renovated full bath, while the finished third floor provides two additional rooms perfect for an office, guests, or playroom. A brand-new HVAC system with central air services the 1st and 2nd floors. Prefer a smaller space and greater rental potential? 305B is vacant and ready for occupancy, offering a one-bedroom, first-floor apartment with its own laundry. Or use this private space for a loved one and create a wonderful multigenerational setup where everyone can live close while maintaining their independence. The spacious 2nd and 3rd floor apartment at 305A is occupied by exceptional long-term tenants with a proven history of on-time payments and a lease through the end of 2027, providing established rental income from day one. Both apartments include basement storage, and a separate 50x150 lot is included for off-street parking. Live large or live smaller and maximize your rental potential—the choice is yours. This is more than a triplex; it’s an opportunity to make homeownership work for you.

Highlights

Listed by Patricia Blosfelds , 8568161684 Coldwell Banker Realty , 8562350101. Bright MLS

Property Type

Residential

Lot/Acreage
0.17

Year Built

1876

County

Burlington

Area

Palmyra Boro (20327)

Neighborhood

None Ava Ilable

School District

Palmyra Borough Public Schools

Listing ID

NJBL2119370

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Air Cond:Central A/C,Ceiling Fan(s),Wall Unit
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank
Above Ground Sq Ft:4009
Basement:Full,Interior Access,Outside Entrance
Other:
  • ▪ Additional:Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Recessed Lighting, Upgraded Countertops
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:6
Zoning:RESIDENTIAL
Roof:Slate
Others:
  • ▪ Additional:Play Area, Excellent, Very Good
Sewer:Public Sewer
Parking Features:Off Street,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$3,753
Taxes
$910

Home Price

$695,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$139,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,753.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,753.01 $909.75 $0.00 $4,662.76
Yearly $45,036.10 $10,917.00 $0.00 $55,953.10
Total $1,351,082.86 $327,510.00 $0.00 $1,678,592.86
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Palmyra, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS