159-161 Grant St, Salem, NJ 08079

Salem
Local realty services provided by:ERA Martin Associates
159-161 Grant St,Salem, NJ 08079
$140,000
  • 6 Beds
  • - Baths
  • 1,644 sq. ft.
  • Multi-family
  • Active
Listed by: allegra d. lyndell
Office: society
MLS#:NJSA2018900
Source:BRIGHTMLS

Price summary

  • Price:$140,000
  • Price per sq. ft.:$85.16

About this home

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...

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Home facts

  • Year built:1920
  • Listing ID #:NJSA2018900
  • Added:21 day(s) ago
  • Updated:May 16, 2026 at 01:36 PM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,644 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:1,644 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Stone

Schools

  • High school:SALEM H.S.
  • Middle school:SALEM M.S.
  • Elementary school:JOHN FENWICK E.S.

Utilities

  • Water:Well, Well Permit Applied For
  • Sewer:Applied for Permit

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$85.16
  • Tax amount:$1,500 (2025)

Parking

  • Parking description:Parking Lot

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