159-161 GRANT ST, Salem, NJ 08079
159-161 GRANT ST, Salem, NJ 08079
159-161 GRANT ST, Salem, NJ 08079
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Listed by Justin Pencook • Society
$ 140,000
Est. payment | /mo

1,644 SqFt


Save
$ 140,000
Est. payment | /mo
Save

1,644 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,644 sqft

Price per Sqft $85

MLS Listing ID NJSA2018900

Style Other

Abv Grd Liv Area 1,644

Year Built 1920

Annual Tax Amount $1,500

Tax Year 2025

Lot Size 3,999 Sqft

Acres 0.09

Lot Dimensions 25.00 x 160.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Attention investors, builders, and value-add buyers — opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers multiple paths for upside.

The home features spacious layouts, a full basement for storage or additional utility space, and a large footprint with room to bring your vision to life. Septic improvements are currently underway, creating additional long-term value for the next owner. Conveniently located near downtown Salem, major commuting routes, shopping, and public transportation.

Ideal for investors seeking their next project or buyers looking to capitalize on a growing value-add opportunity. Property being sold strictly as-is. Buyer responsible for all inspections, certifications, and due diligence.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RESID

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1644

Sewer Applied for Permit

Water Well, Well Permit Applied For

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools John Fenwick E.S.

Middle Schools Salem M.S.

High Schools Salem H.S.

School District Salem City Schools

Others

Tax ID 13-00028-00059

Ownership Fee Simple

SqFt Source 1644

Acceptable Financing Conventional, FHA, FHVA, VA

Listing Terms Conventional, FHA, FHVA, VA

Financing Conventional,FHA,FHVA,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Sona Seth

+1(856) 313-6150

sona_seth@hotmail.com

204 Creek Road, Laurel, NJ, 08054

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159-161 GRANT ST