293 Pearl Street
Salem, NJ 08079
- – beds
- – baths
- 1,792 sqft
- 7,079 sqft lot
- $111 per sqft
- 1910 build
Excellent Investment Opportunity in Salem, NJ! This fully occupied duplex is a fantastic addition to any investment portfolio, offering a spacious 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit with steady rental income already in place. Whether you're a seasoned investor or just starting out, this income-producing property provides immediate cash flow and long-term potential. Both units are well-maintained and feature two new heaters and 2 hot water heaters making them attractive rental options in the area. Schedule your tour today!
Last checked:
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Last updated Mar 6, 2025
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MLS# NJSA2014020 —
The Building
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Year Built:1910
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Other
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Security Features:Carbon Monoxide Detector(s), Smoke Detector
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1792
Interior
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Interior Features:Carpet, Other
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1792
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Living Area SqFt:1,792 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Immediate
Location
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Directions:USE GPS
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Cross Street:GRANT
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Latitude:39.57361000
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Longitude:-75.46011000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.16
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Lot Size Source:Assessor
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Lot Size Dimensions:60.00 x 118.00
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Lot Dimensions Source:Assessor
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Lot SqFt:7,079 Sqft
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Exclusions:TENANTS PERSONAL PROPERTY
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Zoning:MUL F
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 357-1436
- Office phone:
- (856) 229-7094
Taxes
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Tax ID Number:13-00024-00011
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Tax Year:2024
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Tax Lot:00011
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Tax Annual Amount:$4,332
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Tax Assessed Value:$52,700
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Gas BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service, Circuit Breakers
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Salem City Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
Parking
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Total Garage and Parking Spaces:3
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Garage:No
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Type of Parking:On Street, Driveway
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Driveway - # of Spaces:3
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/4/25
Mar 4, 2025
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Listed / Active | BRIGHT | $200,000 |