127 SEVENTH ST new to site

Salem,NJ 08079

$ 200000

- Bed

- Bath

2482 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,482 sqft

Price per Sqft $80

MLS Listing ID NJSA2014018

Style Other

Abv Grd Liv Area 2,482

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,053

Tax Year 2024

Lot Size 5,458 Sqft

Acres 0.13

Lot Dimensions 65.00 x 84.00

Property Sub-Type Detached

Property Description

Income-Generating Duplex in Salem City, NJ! This fully rented duplex features a spacious 3-bedroom, 1-bathroom unit on the top floor and a cozy 2-bedroom, 1-bathroom unit on the bottom floor—an ideal addition to any investment portfolio. With consistent rental income already established, this property offers immediate cash flow, making it perfect for both new and experienced investors. Situated on a fenced lot, it provides privacy and outdoor space for tenants to enjoy. The detached garage adds valuable storage space or the potential for extra rental income.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RES

Rooms

Basement Partial,Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Window Unit(s)

Equipment Refrigerator,Oven/Range - Electric

Fireplace N

Appliance Refrigerator,Oven/Range - Electric

Heat Source Natural Gas

Exterior

Parking Features Other,Additional Storage Area,Garage - Front Entry,Covered Parking

Garage Spaces 6.0

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Total Parking Spaces 6

Garage Y

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00018-00018

Ownership Fee Simple

SqFt Source Assessor

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

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