78 WALNUT ST Salem, NJ 08079
5 Beds
2 Baths
2,473 SqFt
Open House
Sat Aug 08, 2:00pm - 5:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,473 sqft
Price per Sqft $82
Subdivision None Available
MLS Listing ID NJSA2019582
Style Colonial
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,473
Year Built 1910
Annual Tax Amount $5,194
Tax Year 2025
Lot Size 4,996 Sqft
Acres 0.11
Lot Dimensions 45.00 x 111.00
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning R-2
Rooms
Basement Full
Main Level Bedrooms 5
Interior
Hot Water Instant Hot Water
Heating Other
Cooling None
Inclusions Stove, refrigerator, HVAC and solar panels
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Foundation Permanent
Above Ground Finished SqFt 2473
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Salem City Schools
Others
Senior Community No
Tax ID 13-00086-00004
Ownership Fee Simple
SqFt Source 2473
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Sales Associate | License ID: 1867455