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1651 Markley St, Norristown, PA, 19401

2beds
2baths
1,080sqft
$284,900
$264price/sqft
$2,078/moest. monthly cost
$83,120/yrincome needed

About This Home

These brand-new 2-bedroom, 2-bathroom condos are part of an exclusive 18-unit development designed for comfort and style. Each home features an open-concept layout connecting the living room, dining area, and kitchen, highlighted by luxurious vinyl plank flooring throughout. The contemporary kitchen offers multiple cabinet style options, granite countertops, a center island, and stainless steel appliances including a range, dishwasher, and microwave. The spacious primary suite includes a walk-in closet and a private ensuite bath. Bathrooms are finished with tile flooring, featuring a walk-in shower in one bath and a tub/shower combination in the second. Additional highlights include insulated concrete construction, in-unit laundry hookups, an elevator-equipped building, and convenient off-street parking. Eligible buyers may also qualify for a $10,000 Montgomery County First-Time Homebuyer Program incentive.

Getting Around

78
WalkingVery Walkable
33
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

5/10
Eisenhower Middle SchoolGrades 5-80.1 mi
2/10
5/10
Hancock El SchoolGrades 1-40.7 mi

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Concrete

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Hookup,Laundry Room,In Unit

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Entry Level Bedroom
  • Window features: Energy Efficient
  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,080

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Heat Pump,Central Air,Electric

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,080 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Other

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 130023956304
  • Attached to another structure: Yes
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size dimensions: 100.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Strong Wind

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,440$17,280
Home Insurance *$108$1,296
Property Taxes $306$3,672
Electricity $224$2,692
Total$2,078$24,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,245/yr
40% on housing$62,340/yr
45% on housing$55,413/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$264This listing

vs Other Active Listings

Avg $/sqft

ZIP 19401$156
Montgomery County$233

vs Homes Sold Last Month

Median $/sqft

ZIP 19401$253
Montgomery County$247

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-05-13Price change$284,900
2023-07-20Price change$264,900
2022-08-03Listed for sale$249,900

New Construction

AgentPatrick Egan
BrokerageEgan Real Estate

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