Property
Salem, NJ 08079 162 Seventh Street
$150,000
Pending
0 more
Presented By: Society
Beds • 5
Home Details
Discover an excellent investment opportunity in Salem, NJ! This duplex offers a perfect balance of immediate income and future potential. The lower unit consists of a well-maintained 2-bedroom, 1-bathroom apartment with reliable tenants already in place, while the upper level features a roomy 3-bedroom, 1-bathroom unit. With more than 2,000 sq ft of space, this property is a great for various investment strategies.
Presented By: Society
Interior Features for 162 Seventh Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
BasementPartial
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 162 Seventh Street
Acceptable FinancingFHA, Conventional, VA, Cash
AccessibilityNone
AppliancesStove, Refrigerator
Architectural StyleOther
CitySALEM
Construction MaterialsAluminum Siding
Cool FuelNone
CoolingNone
CountySALEM
Directions25 mi
Take exit 1C toward Salem, CR-551 South
4.9 mi
Turn left onto S Broadway
3.0 mi
Turn left onto Griffith St
0.7 mi
Turn right onto Seventh St
233 ft
The destination is on your left
162 Seven
DisclosuresOwner RE Licensee
ExclusionsTenants personal property
Garage Y/NNo
HeatingBaseboard - Hot Water
Home Warranty Y/NNo
Lot Size Square Feet4373.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
ModificationTimestamp2025-08-04T09:40:36
MunicipalitySALEM CITY
New ConstructionNo
Number Of Units Total1
Number of Units Leased
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD, Immediate
Price Per Sq Ft Total AG72.78
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictSALEM CITY SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Subdivision NameNONE AVAILABLE
Tax Annual Amount3116.0
Tax Assessed Value37900.0
Tax Lot00035
Tax Year2024
Total SQFT2061
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1906
Year Built SourceAssessor
ZoningRESID
Exterior for 162 Seventh Street
Foundation DetailsOther
Land Assessed Value8100.00
Land Use Code
Lot Dimensions25.00 x 175.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner