91 7th Street
Salem, NJ 08079
- – beds
- – baths
- 1,809 sqft
- 6,852 sqft lot
- $78 per sqft
- 1900 build
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🏡 **Investment Opportunity in Salem, NJ!** PRICE REDUCTION BACK ON MARKET, BUYER BACKED OUT. Let there Lose be your gain. Welcome to your new investment property or potential home! Explore this beautifully renovated 2nd-floor unit, featuring brand new windows installed in March 2024. This spacious unit offers 1 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first floor is a 2-bedroom, 1-bathroom unit, currently vacant. With market rents in the range of $1400-$1500, for 2 bedroom units you can set the rent with your new tenant. This property presents an excellent opportunity to add to your rental portfolio or live in the downstairs unit while the 2nd unit helps cover the mortgage. Don't miss out on this chance to generate passive income or enjoy the benefits of multi-family living. Schedule your viewing today and seize this lucrative investment opportunity! 🌟 There are no pictures of the 1st floor as it was tenant occupied at the time. PPROPERTY IS SOLD AS IS SELLER WILL MAKE NO REPAIRS, INSPECTIONS ARE FOR BUYERS INFORMATION ONLY. BUYER IS RESPONSIBLE TO OBTAIN CERTIFICATE OF OCCPANCY ONCE THE HAVE A NEW TENANT OR OCCUPY THE UNIT THEMSELVES.
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Last updated Feb 21, 2025
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MLS# NJSA2010798 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Frame
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Building Levels:2
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Building Units Total:2
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Structure Type:Detached
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Historic:No
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Architectural Style:Colonial
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Window Features:Replacement
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Accessibility Features:2+ Access Exits
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Foundation Details:Brick/Mortar
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Room Count:11
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Flooring Type:Hardwood, Ceramic Tile, Laminate Plank
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1809
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Living Area SqFt:1,809 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Cash
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Possession:Settlement
Location
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Directions:Grant Street turn onto Hubble St,, right onto Pledger St and Right onto 7th Street house is on the right side
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Cross Street:Pledger
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Latitude:39.57444000
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Longitude:-75.46261000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Good
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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:Estimated
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Lot Size Dimensions:50.00 x 137.00
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Lot Dimensions Source:Estimated
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Lot SqFt:6,852 Sqft
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Inclusions:Stove/range and refrigerator
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Exclusions:All items considered landlords and tenants personal property
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Zoning Description:Residential
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Zoning:RESIDENTIAL
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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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 469-9200
- Office phone:
- (856) 692-3948
Taxes
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Tax ID Number:13-00017-00017
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Tax Year:2023
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Tax Lot:17
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Tax Annual Amount:$3,443
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Tax Assessed Value:$33,700
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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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:Baseboard - Hot Water
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Heating Fuel:Oil
Utilities
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Utilities:Cable TV Available
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Oven/Range - Electric, Refrigerator
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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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:On Street, Driveway
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Parking Features:Dirt Driveway
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Driveway - # of Spaces:4
Extra Units
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# of Units:1
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:2
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 |
---|---|---|---|---|
2/21/25
Feb 21, 2025
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Sold | BRIGHT | $142,000 | -4.7% |
2/10/25
Feb 10, 2025
|
Pending | BRIGHT | $149,000 | |
1/27/25
Jan 27, 2025
|
Price Changed | BRIGHT | $149,000 | -5.7% |