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305-307 Leconey Avenue

PALMYRA, NJ 08065
  • $720,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: NJBL2119370
UPDATED: 29 min ago
$720,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 4,009
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1876
County:

School Ratings & Info

Description

A rare opportunity to live beautifully while rental income helps offset your mortgage! This extraordinary 1876 triplex pairs a stunning, move-in-ready owner's residence with income-producing apartments, offering an ideal setup for an owner-occupant, investor, or multigenerational household. With over 4,000 square feet beneath a timeless slate roof, the property has been thoughtfully restored to preserve its historic character while incorporating the modern conveniences today's buyers appreciate. The fully renovated owner's residence at 307 Leconey Avenue has been transformed from top to bottom while retaining the architectural details that make this home so special. An inviting enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, a 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 tastefully renovated full bath, while the finished third floor provides two additional rooms ideal for a home office, guest space, or playroom. A brand-new HVAC system with central air services the first and second floors. On the rental side, 305 A&B, the first-floor apartment is occupied on a month-to-month basis, giving the next owner options for future occupancy or a new lease 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 rent payments, providing dependable income through the end of 2027. Both rental units include full basement storage, with laundry in the first-floor apartment and basement laundry for the upper unit. Also included in the sale is a 50x150 lot currently used by tenants for off-street parking. Income-producing and rich with historic character, this distinctive property offers the space and versatility to make it your own while building long-term value. Stop by the open house on Sunday, August 30th from 1-4 p.m. to tour this amazing property!

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin Miller Team of Northrop Realty. 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. Data last updated: 2026-09-14T10:57:18.013.
www.kmteamrealestate.com/homes/180596226
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305-307 Leconey Avenue PALMYRA, NJ 08065

  • Price: $720,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 29 min ago
  • ID#: NJBL2119370
4
Beds
1
Baths
0
½ Baths
0.17
Acres
4,009
SQFT
$180
$/SQFT
1876
Built
Neighborhood:
None Ava Ilable
County:
Burlington
Area:
Palmyra Boro (20327)
School District:
Palmyra Borough Public Schools
Property Description
A rare opportunity to live beautifully while rental income helps offset your mortgage! This extraordinary 1876 triplex pairs a stunning, move-in-ready owner's residence with income-producing apartments, offering an ideal setup for an owner-occupant, investor, or multigenerational household. With over 4,000 square feet beneath a timeless slate roof, the property has been thoughtfully restored to preserve its historic character while incorporating the modern conveniences today's buyers appreciate. The fully renovated owner's residence at 307 Leconey Avenue has been transformed from top to bottom while retaining the architectural details that make this home so special. An inviting enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, a 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 tastefully renovated full bath, while the finished third floor provides two additional rooms ideal for a home office, guest space, or playroom. A brand-new HVAC system with central air services the first and second floors. On the rental side, 305 A&B, the first-floor apartment is occupied on a month-to-month basis, giving the next owner options for future occupancy or a new lease 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 rent payments, providing dependable income through the end of 2027. Both rental units include full basement storage, with laundry in the first-floor apartment and basement laundry for the upper unit. Also included in the sale is a 50x150 lot currently used by tenants for off-street parking. Income-producing and rich with historic character, this distinctive property offers the space and versatility to make it your own while building long-term value. Stop by the open house on Sunday, August 30th from 1-4 p.m. to tour this amazing property!
Exterior Features

Architectural Style Victorian Construction Materials Frame Exterior Features Play Area Fencing PartiallyPrivacyRear Garage YN No Other Structures Shed Parking Types Off StreetOn Street Patio And Porch Features Porch(es)Enclosed Pool No Pool Property Condition ExcellentVery Good Roof Slate Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4009 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricOven/Range - GasRefrigeratorStainless Steel Appliances Basement FullInterior AccessOutside Entrance Basement YN Yes Cooling Central A/CCeiling Fan(s)Wall Unit Fireplace YN No Flooring CarpetLuxury Vinyl Plank Heating Forced AirBaseboard - ElectricRadiator Heating YN Yes Inclusions All appliances Interior Features Bathroom - Walk-In ShowerCarpetCeiling Fan(s)Floor Plan - TraditionalRecessed LightingUpgraded Countertops Laundry Type Basement Levels 3 Main Level Bedrooms 0 Room List Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 4KitchenFamily RoomBasementFoyerBonus Room Upper Level1 Bedrooms 3 Walls Ceilings 9'+ Ceilings

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural GasElectric Federal Flood Zone YN No Foundation Details Block Heating Fuel Natural GasOil Hot Water Natural GasElectric Municipality PALMYRA BORO Navigable Water YN N New Construction YN No Original MLSNumber 805306528776 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 10917.00 Tax Lot 00005 Transportation Commuter Rail Station less than 1 mileBus Stop less than 1 mile Vacation Rental YN No Water Source Public Window Features Replacement Zoning RESIDENTIAL

Listing courtesy of Coldwell Banker Realty: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin Miller Team of Northrop Realty. 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. Data last updated: 2026-09-14T10:57:18.013.
 
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