305-307 Leconey Ave, Palmyra, NJ 08065

$720,000
: 4
BD
: 1
BA
: 4,009
SqFt

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List Price: $720,000
Days on Market: 16
Status: ACTIVE
MLS#: NJBL2119370
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Living Area: 4,009
Lot Size (Acres): 0.17
Style: Victorian
Year Built: 1876
County: Burlington
School District: Palmyra Borough Public Schools

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Property Description

Imagine having loved ones just steps away—with their own private apartment—while rental income from another unit helps offset your mortgage! This extraordinary 1876 triplex offers a rare opportunity for multigenerational living, pairing a stunning, move-in-ready owner's residence with a vacant first-floor apartment and income-producing upper unit. With over 4,000 square feet beneath a timeless slate roof, the property blends historic character with modern conveniences. The fully renovated owner's residence at 307 Leconey Avenue retains the architectural details that make this home so special. An enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, transom window, decorative fireplace, and wide-plank flooring. The stunning new 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 offers two additional rooms ideal for an office, guests, or playroom. A brand-new HVAC system with central air services the first and second floors. At 305 A&B, the vacant first-floor apartment offers incredible flexibility—an ideal private space for loved ones or extended family while keeping everyone close plus includes laundry area off the kitchen, or the opportunity to secure a new tenant at current market rent. The spacious second- and third-floor apartment is occupied by exceptional long-term tenants with a proven history of on-time payments, providing dependable income through the end of 2027. Both apartments include basement storage and laundry for 305B. Also included is a 50x150 lot currently used for off-street parking. Bring generations together, maintain independence, and enjoy rental income—all in one truly distinctive property. Stop by the OPEN HOUSE on Sunday, September 20th from 1-4 p.m. and see this amazing property for yourself!

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Additional Information

Area: Palmyra Boro (20327)
Subdivision: None Ava Ilable
Taxes: $10917
Interior Features: Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Recessed Lighting, Upgraded Countertops
School District: Palmyra Borough Public Schools
Flooring: Carpet, Luxury Vinyl Plank
Exterior Features: Play Area
Heating: Forced Air, Baseboard - Electric, Radiator
Heating Fuel: Natural Gas, Oil
Cooling: Central A/C, Ceiling Fan(s), Wall Unit
Roof: Slate
Water: Public
Sewer: Public Sewer
Room Level: Bedroom 4: Upper 2, Bonus Room: Upper 2, Primary Bedroom: Upper 1, Bedroom 2: Upper 1, Bedroom 3: Upper 1, Foyer: Main, Living Room: Main, Family Room: Main, Dining Room: Main, Kitchen: Main, Basement: Lower 1
Basement: Yes