5 Olive St, Salem, NJ 08079

Local realty services provided by:Mountain Realty ERA Powered
5 Olive St,Salem, NJ 08079
$115,000
  • 2 Beds
  • 1 Baths
  • 884 sq. ft.
  • Single family
  • Active
Listed by: christine boysen
Office: vylla home
MLS#:NJSA2016204
Source:BRIGHTMLS

Price summary

  • Price:$115,000
  • Price per sq. ft.:$130.09

About this home

Investor's Dream – Immediate Income with Strong ROI! Welcome to 5 Olive, a fully rented and well-maintained single-family rental property offering strong monthly cash flow and minimal maintenance. This is a turnkey investment opportunity with cash-paying tenants already in place, making it perfect for both new and seasoned investors. New Furnace • Mini-Split A/C System Added • New floors + Fresh Paint • Newer Roof – No major capital improvements needed This property is ideal for buy-and-hold investors looking for a low-risk, income-producing asset. The home is in solid condition, with updated mechanicals and consistent rental income, offering hassle-free ownership. With a tenant already in place, you’ll start seeing returns immediately. Contact Listing agent to schedule your showing today!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:NJSA2016204
  • Added:114 day(s) ago
  • Updated:January 01, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:884 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:884 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$130.09
  • Tax amount:$2,787 (2024)