207 E BROAD ST, PALMYRA, NJ 08065

$899,000

Sq. Ft.: N/A

Type: Commercial

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Listing #NJBL2090006

Listing Courtesy of: Realty Mark Advantage (856) 457-4900

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Introducing an exceptional investment opportunity at 207 E. Broad Street in picturesque Palmera Boro, New Jersey! This newly listed property is a remarkable blend of commercial and residential spaces, featuring two prime storefronts complemented by six modern residential apartments. Spanning over 10,000 square feet, this income-producing gem boasts a solid cap rate of 9.2, making it a savvy addition to any portfolio. Step inside the first-floor commercial unit, which serves as a stunning venue and retail area, perfect for attracting foot traffic and customers. The second commercial space is a versatile front office, ideal for a variety of businesses. The property underwent a complete rehabilitation in 2023, ensuring that every corner reflects modern design and functionality. With an impressive annual income, this property is not only priced to sell, but also offers fantastic growth potential for a motivated seller. Don't miss your chance to capitalize on this unique opportunity to own a thriving asset in a vibrant community. Act fast, as this listing won't last long!

Listing Courtesy of: Realty Mark Advantage (856) 457-4900

Property Features

Location Information

County: BURLINGTON-NJ

Municipality: PALMYRA BORO

Cross Street: Highland Avenue

Latitude: 40.00569153

Longitude: -75.01966858

MLS Area: Palmyra Boro (20327)

Subdivision: PALMYRA GARDENS

Directions: Use gps

Interior Features

Heating: Baseboard - Electric, Other, 90% Forced Air

Heating Fuel: Natural Gas, Electric

Cooling: Ceiling Fan(s), Central A/C, Multi Units, Wall Unit, Window Unit(s), Other, Electric

Floors: Carpet, Concrete, Hardwood, Heavy Duty, Laminated, Luxury Vinyl Tile, Marble, Stone, Other

Water Heater: Electric, Natural Gas

Entry Level: 1

Total Number of Units: 0

Accessibility: 2+ Access Exits

Exterior Features

Stories: 2

Is New Construction: No

Construction: Block

Foundation: Brick/Mortar, Concrete Perimeter

Roof: Foam

Septic or Sewer: Public Sewer

Electric: 200+ Amp Service, 100 Amp Service, Circuit Breakers

Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Security Features: CarbonMonoxideDetectors, Fire Detection System, Smok

Has Garage: No

Parking Spaces: 20

Site Description: Business District

Lot Size in Acres: 0.23

Lot Size in Sq. Ft.: 9,997

Dimensions: 50.00 x 200.00

Zoning: COMMERCIAL

Condition: Excellent, Very Good, Good

Building Total Area (Sq. Ft.): 0

Transportation: Airport less than 10 miles, Bus Stop less than 1 mi

Has Waterfront: No

Has Water Access: No

Windows/Doors Description: Double Entry, Sliding Glass, Storm

School

School District: PALMYRA BOROUGH PUBLIC SCHOOLS

Additional Information

ListDate: 2025-06-24 00:00:00.0

Possession: 0-30 Days CD, Immediate

Property Type: COM

Property SubType: Commercial Sale

Year Built: 1940

Status: Active

Tax Year: 2024

Tax Amount: $13,084

Ownership Interest: Fee Simple

Exclusions: Sellers personal items

Available For Lease: No

Business Type: Apartment Building, Banquet Facility/Lodge, Flex, Parking Lot, Professional, Other

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.

BRIGHT(MRIS/Trend) data last updated at August 23, 2025, 1:12 AM ET