Frana & Silk Real Estate Group

Town guide · Burlington County

Living in Palmyra, NJ

Palmyra is a small Delaware River borough of about 2.5 square miles at the New Jersey end of the Tacony Palmyra Bridge. It grew up around a railroad station in the 1800s, its streets carry the names of Center City Philadelphia, and it has a River Line light rail stop on Broad Street and a 250 acre nature park on the river.

County
Burlington
Population
About 7,400 (2020 census)
Size
About 2.5 square miles, about a quarter of it water
Setting
Older river town with a Broad Street downtown and a large riverfront nature park
Main roads
Route 73 to the Tacony Palmyra Bridge and County Route 543 (Broad Street)
Palmyra is shown in gold. See the county map

History

A railroad town on the river

This stretch of the Delaware was farmed in the late 1600s, at the northern edge of New Sweden. The oldest house in Palmyra is a farmhouse built in 1761. Farming was the main use of the land until the Camden and Amboy Railroad opened a station here in 1834, and railroad workers built homes along the tracks.

The place was first called Texas. The station took the name Palmyra in 1849, and the town was laid out in 1850 with street names that match those of Center City Philadelphia. Palmyra was set off from Cinnaminson Township in 1894 and became a borough in 1923.

Palmyra borders Cinnaminson and Riverton in Burlington County and Pennsauken Township in Camden County, with Philadelphia across the river. West Palmyra is an older place name for part of the borough.

Homes

What you will find

  • Older homes on a planned grid: Much of the borough was laid out in 1850 around the railroad station, and its homes span well over a century of building.
  • Homes near the River Line: Palmyra station on East Broad Street is within walking distance of much of the borough.
  • Close to the bridge: Route 73 and the Tacony Palmyra Bridge put Philadelphia a short drive away.

Worth knowing: Palmyra sits low along the Delaware River, at an elevation of only about 7 feet, and some land near the river and creeks may fall in a mapped flood zone. That can affect flood insurance and lending, so we check the FEMA flood map on every listing. Many homes here are also older, which makes a careful inspection worth the time.

Property taxes

What taxes look like in Palmyra

  • 2.752%2025 effective tax rate, as a share of market value
  • $6,8332025 average residential tax bill

A home worth $250,000 on today's market would pay roughly $6,880 a year at Palmyra's 2025 effective rate. Your actual bill depends on your assessment, so we pull the real tax record for any home you are considering.

Source: New Jersey Division of Taxation, 2025 general and effective tax rates. Rates are set each year.

Getting around

Roads and commuting

Route 73 runs through Palmyra to the Tacony Palmyra Bridge, which crosses the Delaware River to the Tacony section of Philadelphia, and it meets County Route 543, called Broad Street in town. Palmyra station on NJ Transit's River Line light rail is on East Broad Street, with service south to Camden, where riders can transfer to the PATCO Speedline, and north to the Trenton Rail Station, with connections to NJ Transit, SEPTA and Amtrak. NJ Transit bus route 419 runs between Camden and Burlington through the borough. Broad Street is the center of the downtown.

Places worth knowing

Parks, landmarks and open space

  • Palmyra Cove: A 250 acre nature park on the Delaware River, opened in 1999, with trails, birding and an environmental center. Outdoor areas are open dawn to dusk, and dogs and bikes are not allowed.
  • Legion Field Complex: The borough's athletic complex, with fields, plaza areas and walkways, used by local youth leagues and closed to the public from dusk to dawn.
  • Tacony Palmyra Bridge: The 1929 bridge that links Palmyra to Philadelphia, run by the Burlington County Bridge Commission.
  • Broad Street: Palmyra's main street and the center of its downtown, a short walk from the River Line station.

Common questions

Questions people ask us about Palmyra

What are property taxes in Palmyra, NJ?

Palmyra Borough's 2025 effective tax rate is 2.752 percent of market value, and the average residential tax bill is $6,833, according to the New Jersey Division of Taxation. Actual bills depend on each home's assessment.

Is there a train station in Palmyra, NJ?

Yes. Palmyra station on NJ Transit's River Line light rail opened in 2004 on East Broad Street. Trains run south to Camden and north to the Trenton Rail Station.

Where does the Tacony Palmyra Bridge go?

The bridge carries Route 73 across the Delaware River from Palmyra to the Tacony section of Philadelphia. It opened in 1929 and is operated by the Burlington County Bridge Commission.

Why do Palmyra's street names sound like Philadelphia?

When the town was laid out in 1850 on land that had belonged to Joseph Souder, its streets were given names matching those of Center City Philadelphia. The new town grew up around the Camden and Amboy Railroad station, which had opened in 1834.

What is Palmyra Cove?

Palmyra Cove is a 250 acre nature park on the Delaware River that opened in 1999. It serves as a bird sanctuary with walking trails and education programs, and admission is free.

Buying or selling in Palmyra?

Near the river, the train and the bridge

In Palmyra, a home's age and its distance to the river, the River Line and the bridge all matter. We weigh each one and give you a clear, honest number.

Vincent Frana
Broker Associate
732-567-4147
Zachary Silk
Sales Associate
732-773-3257

Call or text either of us directly.

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