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3 S 3rd Street

Salem, NJ 08079

– beds
– baths
1,595 sqft
2,200 sqft lot
$125 per sqft
1890 build

Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!

Listing courtesy of BRIGHT / Keller Williams Realty - Washington Township

Last checked: Checking… • Last updated Dec 19, 2024 •

MLS# NJSA2013218 —

The Building

Year Built:

1890
Year Built Source:

Assessor
Roof:

Architectural Shingle
New Construction:

No
Construction Materials:

Block
Building Units Total:

2
Structure Type:

Detached
Architectural Style:

Side-by-Side
Accessibility Features:

None
Foundation Details:

Block
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1595

Interior

Interior Features:

Attic, Ceiling Fan(s), Floor Plan - Traditional
Room Count:

6
Flooring Type:

Laminate Plank
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1595
Living Area SqFt:

1,595 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Subject to Existing Lease

Location

Directions:

3rd St 3-5 on corner
Latitude:

39.57303000
Longitude:

-75.47410000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

71.00 x 31.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,200 Sqft
Zoning:

RESIDENTIAL
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

13-00048-00022
Tax Year:

2023
Tax Lot:

00022
Tax Annual Amount:

$2,751
Tax Assessed Value:

$35,000
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Central
Heating Fuel:

Electric

Utilities

Utilities:

Electric Available
Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

Elementary School:

Salem
Middle School:

Salem M.S.
High School:

SALEM H.S.
School District Name:

Salem City Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/19/24 Dec 19, 2024	Listed / Active	BRIGHT	$199,900

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This multifamily located in Salem, NJ 08079 is currently for sale for $199,900. 3 S 3rd Street is a 1,595 square foot multifamily with – beds and – baths.

Listing Courtesy of: BRIGHT and Keller Williams Realty - Washington Township.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.