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Steven Pagan

steven.pagan@thepagangroup.com +1(609) 631-5668

Listed by Gina Scodella • RE/MAX Revolution

$79,999

Est. payment - /mo

3 Beds

2 Baths

1,684 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,684 sqft

Price per Sqft $47

Subdivision None Available

MLS Listing ID NJSA2019002

Style Other

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,684

Year Built 1900

Annual Tax Amount $3,244

Tax Year 2025

Lot Size 10,507 Sqft

Acres 0.24

Lot Dimensions 37.00 x 284.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Investor Opportunity in the heart of Salem! This tenant-occupied property offers immediate cash flow with a Section 8 tenant in place and a recently renewed lease, making it an excellent opportunity for both seasoned and first-time investors alike. Built in 1900, the home features spacious living areas, generously sized bedrooms, and plenty of original character throughout.

Recent improvements include a newer roof (2021) and water heater (2022), helping minimize major upfront expenses for the next owner. The property also offers public water and sewer, a basement for additional storage potential, and a private backyard space. Conveniently located near local shopping, dining, schools, and major roadways.

Whether you're looking to expand your rental portfolio, secure reliable long-term income, or explore future value-add potential, this property offers multiple investment angles. Strong opportunity to renovate and increase future resale value or refinance once vacant. A solid addition to any investment portfolio with built-in income already in place!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RESIDENTIAL

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Other

Above Ground Finished SqFt 1684

Sewer No Septic System

Water Public

Architectural Style Other

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 13-00072-00026

Ownership Fee Simple

SqFt Source 1684

Special Listing Condition Standard

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Nearby Locations

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ 08033-2419, USA

41 YORKE ST Salem, NJ 08079