NEW! Buy and sell safely with virtual options - Learn More
About the Listing RALIC1 - 3222429
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.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
NJSA2018900
Year Built
1920
Total Square Footage
1,644
Lot/Acreage
0.09
County
Salem
Area
Salem City (21713)
School District
Salem City Schools
Elementary School
John Fenwick E.S.
Middle School
Salem M.S.
High School
Salem H.S.
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1644
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Well,Well Permit Applied For
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 25.00 x 160.00
- Zoning: RESID
- Roof:
- Others:
- Sewer: Applied for Permit
- Parking Features: Parking Lot
Financial Details
- Tax Amount: $1,500
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
159 159-161 Grant St Salem, NJ 08079
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
