Property
Salem, NJ 08079 297 Pearl Street
$200,000
Pending
22 more
Presented By: Society
Beds • 5
Home Details
Income-Producing Duplex in Salem, NJ!
Great investment opportunity! This fully occupied duplex in Salem, NJ, offers steady rental income with long-term tenants already in place. The property features one 3-bedroom, 1-bathroom unit downstairs and one 2-bedroom, 1-bathroom unit upstairs, providing versatility and strong rental potential. Both units are well-maintained, offering comfortable living spaces for tenants. This property is ideal for investors looking to expand their portfolio with a reliable income-producing asset.
Presented By: Society
Interior Features for 297 Pearl Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesWood Floors, Carpet
General for 297 Pearl Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
CitySALEM
Construction MaterialsFrame
Cool FuelElectric
CoolingWindow Unit(s)
CountySALEM
DirectionsUSE GPS
Electric100 Amp Service, Circuit Breakers
ExclusionsTenants Personal Property
Garage Y/NNo
HeatingHeat Pump - Gas BackUp
Lot Size Square Feet8616.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
ModificationTimestamp2025-08-11T13:22:46
MunicipalitySALEM CITY
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate, Other
Price Per Sq Ft Total AG81.83
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictSALEM CITY SCHOOLS
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Tax Annual Amount4037.0
Tax Assessed Value49100.0
Tax Lot00012
Tax Year2024
Total SQFT2444
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningRES
Exterior for 297 Pearl Street
Foundation DetailsBlock
InclusionsAll existing appliances
Land Assessed Value10700.00
Land Use Code
Lot Dimensions73.00 x 118.00
Lot Size Acres0.20
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces3
Type of ParkingOn Street, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Aneesa Pinheiro
Associate