Price Reduction
Address
162 7Th Street, Salem, NJ
Price
$ 135,000
Property Attributes
- MLS#NJSA2010878
- TypeMulti-Family
- CountySALEM
- CitySalem
- AreaSalem City
- Zip08079
- Style
- Year Built1906
- Taxes$ 2979
- Price$ 135,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 5/2/2024 | Listed $149,000 |
| 5/18/2024 | 10% - $135,000 |
General Features
| 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 |
| Accessibility | 2+ Access Exits |
| County | SALEM |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Follow Hawks Bridge Rd,Rte 540 and NJ-45 S to 7th St in Salem |
| ModificationTimestamp | 2024-05-18T21:43:47 |
| City | SALEM |
| Buyer Agent Compensation | 2 |
| Total Units | 1 |
| MLS Area | Salem City (21713) |
| Lot Size Square Feet | 4373.00 |
| Tax Assessed Value | 37900.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 1 |
| Street Name | 7TH |
| Tax Annual Amount | 2979.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft Total | 65.5 |
| Acceptable Financing | Cash |
| Vacation Rental Y/N | No |
| Total SQFT | 2061 |
| Days on Market | 17 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00035 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas Available |
|---|---|
| Hot Water | Natural Gas |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Foundation Details | Crawl Space |
| Spa | No |
| Water View Y/N | No |
| 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 | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 08079
Price
Taxes
Visits
Year Built
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