162 7Th Street Salem, NJ ^$ 135,000

162 7Th Street

^$ 135,000

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Recently Listed

162 7Th Street

Salem, NJ, 08079

^$ 135,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 897

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162 7Th Street, Salem, NJ 08079 - Image 8

Multi-Family Home for sale in Salem, NJ

for $135,000 with 5 bedrooms. This home was built in 1906 on a lot size of 0.1.

Welcome to a great investment opportunity in Salem, NJ! This duplex epitomizes the perfect fusion of potential and immediate returns. The lower level features a stable 2-bedroom, 1-bathroom apartment already occupied by reliable tenants, while the upper level unveils a spacious 3-bedroom, 1-bathroom unit awaiting your vision. With over 2000 sq ft of versatile space, this property is primed to cater to a multitude of investment strategies. This is an as-is sale as the property needs some rehabbing.

Multi-Family Active

Price

^$ 135,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,979

Style

Lot Size

0.1

Year Built

1906

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2010878

Features

Interior

Heating Fuel Natural Gas Available

Hot Water Natural Gas

Total Stories 3

Heating Y/N Y

Fireplace Y/N N

Street Suffix STREET

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Electric

Cooling None

Possession Immediate

Zoning R-2

Architectural Style Other

Construction Materials Vinyl Siding

Year Built 1906

Property SubType Duplex

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel None

Municipality SALEM CITY

Accessibility 2+ Access Exits

County SALEM

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE

Directions Follow Hawks Bridge Rd Rte 540 and NJ-45 S to 7th St in Salem

City SALEM

Buyer Agent Compensation 2

Total Units 1

MLS Area Salem City (21713)

Lot Size Square Feet 4373.00

Waterfront Y/N N

Number of Units Leased 1

Street Name 7TH

Tax Annual Amount 2979.0

Home Warranty Y/N N

Two Bedroom 1

Structure Type Twin/Semi-Detached

Price Per Sq Ft Total 65.5

Acceptable Financing Cash

Vacation Rental Y/N N

Days on Market 17

Standard Status Active

Year Built Source Assessor

Tax Lot 00035

Buyer Agent Compensation Type % Of Gross

Exterior

Pool No Pool

Water Source Public

Type of Parking On Street

Foundation Details Crawl Space

Spa N

Water View Y/N N

Lot Dimensions 25.00 x 175.00

Lot Size Acres 0.10

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 8100.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 162

* Excluded Features

List By

Signature Realty Nj

Broker

anna@srnjteam.com

Affordability Calculator

$1,146

Per Month

Monthly Principal & Interest: $897
Monthly Property Taxes: $248
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Salem, NJ

Average List Price ^$188,792

Percent of Sale Price 40%

About Salem, NJ

4,893 Population

-16% Since 2002

^$26,747 Median Income

35.33 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3535135 Elementary School

3536320 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/19/2024	$135,000	-9.40%	Price Down
5/3/2024	$149,000		Listed Price

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162 7Th Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $135,000 with a lot size of 0.1. 162 7Th Street has 5 bedrooms, 0.0 baths, and was built in 1906. The property's zip code is 08079 which is in Salem, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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162 7Th Street

Multi-Family Home for sale in Salem, NJ

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