For Sale

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Photo of 91 7th Street, Salem NJ
91 7th Street
Salem, NJ 08079
# of Units
2
2 Bdrm Units
2
Acres
0.16
Interior SqFt
1,809
Age
124
Heating
Oil
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
3,443
Additional Details Below

Description

? **Investment Opportunity in Salem, NJ!* 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 2 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The current tenant just moved in, and the lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first floor is another 2-bedroom, 1-bathroom unit, currently occupied by a month-to-month tenant at $850.00 per month. With market rents in the range of $1400-$1500, there's potential for increased rental income. 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 is tenant occupied

Location

Driving Directions

Grant Street turn onto Hubble St,, right onto Pledger St and Right onto 7th Street house is on the right side

Listing Details

Summary
Architectural Type

Colonial

Parking

Dirt Driveway, On Street, Driveway

Interior Features
Flooring

Hardwood, Ceramic Tile, Laminate Plank

Basement

Brick/Mortar

Appliances

Oven/Range - Electric, Refrigerator

Exterior Features
Exterior Features

Frame

Utilities
Cooling

Window Unit(s), Electric

Heating

Baseboard - Hot Water, Oil

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Additional Utilities

Cable TV Available, Electric: 100 Amp Service

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Residential
Lattitude : 39.574440
Longitude : -75.462610
MLS# : NJSA2010798
Views : 4
Listing Courtesy: Richard Clarke of Exit Homestead Realty Professionals

Notes

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Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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