41 Yorke St, Salem, NJ 08079
Local realty services provided by:Mountain Realty ERA Powered
Listed by: gina scodella
Office: re/max revolution
MLS#:NJSA2019002
Source:BRIGHTMLS
Price summary
- Price:$89,900
- Price per sq. ft.:$53.38
About this home
Investor Opportunity in the heart of Salem! This tenant-occupied property offers immediate cash flow with a Section 8 tenant in place and a recently renewed lease, making it an excellent opportunity for both seasoned and first-time investors alike. Built in 1900, the home features spacious living areas, generously sized bedrooms, and plenty of original character throughout.
Recent improvements include a newer roof (2021) and water heater (2022), helping minimize major upfront expenses for the next owner. The property also offers public water and sewer, a basement for additional storage potential, and a private backyard space. Conveniently located near local shopping, dining, schools, and major roadways.
Whether you’re looking to expand your rental portfolio, secure reliable long-term income, or explore future value-add potential, this property offers multiple investment angles. Strong opportunity to renovate and increase future resale value or refinance once vacant. A solid addition to any investment portfolio with built-in income already in place!...
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Home facts
- Year built:1900
- Listing ID #:NJSA2019002
- Added:62 day(s) ago
- Updated:July 20, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,684 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:1,684 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Frame
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:No Septic System
Finances and disclosures
- Price:$89,900
- Price per sq. ft.:$53.38
- Tax amount:$3,244 (2025)
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