78 Walnut St, Salem, NJ 08079

Salem
Local realty services provided by:ERA Byrne Realty
78 Walnut St,Salem, NJ 08079
$220,000
  • 5 Beds
  • 2 Baths
  • 2,473 sq. ft.
  • Multi-family
  • Active
Listed by: wendy sparks
Office: exp realty, llc.
MLS#:NJSA2019254
Source:BRIGHTMLS

Price summary

  • Price:$220,000
  • Price per sq. ft.:$88.96

About this home

Welcome to 78 Walnut Street, Salem, NJ, a versatile property offering exceptional opportunities for investors, owner-occupants, or those seeking a multigenerational living arrangement. Currently configured as a duplex, this spacious home provides flexibility to suit a variety of lifestyles and investment goals. The first-floor unit features 2 bedrooms, 1 full bathroom, a kitchen, dining room, and living room, providing the convenience of one-level living. The second-floor unit offers 2-3 bedrooms, 1 full bathroom, and a kitchen, with one of the rooms easily converted into a living room to create a more traditional 2-bedroom layout. A separate stairwell leading to the second floor enhances privacy and functionality between the two living spaces. For investors, this property presents an attractive income-producing opportunity. Comparable 2-3 bedroom rentals in the Salem area may generate approximately $1,300 to $1,600 per month per unit, depending on market conditions, property...

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Home facts

  • Year built:1910
  • Listing ID #:NJSA2019254
  • Added:16 day(s) ago
  • Updated:June 28, 2026 at 08:38 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Rooms Total:6
  • Flooring:Vinyl, Wood
  • Kitchen Description:2nd Kitchen, Range Hood, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Partial, Unfinished
  • Living area:2,473 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Forced Air, Propane - Leased

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Building area:2,473 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Corner, Corner Lot/Unit
  • Architectural Style:Colonial
  • Construction Materials:Aluminum Siding
  • Exterior Features:Exterior Lighting, Sidewalks, Street Lights
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$88.96
  • Tax amount:$5,194 (2025)

Features and amenities

  • Amenities:Attic, Cable TV

Parking

  • Parking description:On Street

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