78 Walnut St, Salem, NJ 08079

$205,000
5
BD
2
BA
2,473
SqFt

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List Price
$205,000
Price Change
▼ $4,999 1785470758
Days on Market
15
Status
ACTIVE
MLS#
NJSA2019582
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,473
Lot Size (Acres)
0.11
Style
Colonial
Year Built
1910
County
Salem
School District
Salem City Schools

Property Description

Welcome to 78 Walnut Street, Salem, NJ, a spacious and versatile property offering exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. If you’re searching for a home with space, interchangeable layout, and opportunity…this property is worth exploring. The home can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. Investors will appreciate the property’s floor plan and rental potential, with estimated combined rental income potential of approximately $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today and discover all that 78 Walnut Street has to offer! Property is being sold As-Is.

Additional Information

Area
Salem City (21713)
Subdivision
None Available
Taxes
$5194
School District
Salem City Schools
Heating
Other
Heating Fuel
Other
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Hi-Level Real Estate LLC. Contact: 9733333832