159-161 Grant St, Salem, NJ 08079
- $140,000
- 1,644
- SqFt
- List Price
- $140,000
- Days on Market
- 91
- Status
- ACTIVE
- MLS#
- NJSA2018900
- Living Area
- 1,644
- Lot Size (Acres)
- 0.09
- Style
- Other
- Year Built
- 1920
- County
- Salem
- School District
- Salem City Schools
Property Description
Attention investors, builders, and value-add buyers — opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers multiple paths for upside. The home features spacious layouts, a full basement for storage or additional utility space, and a large footprint with room to bring your vision to life. Septic improvements are currently underway, creating additional long-term value for the next owner. Conveniently located near downtown Salem, major commuting routes, shopping, and public transportation. Ideal for investors seeking their next project or buyers looking to capitalize on a growing value-add opportunity. Property being sold strictly as-is. Buyer responsible for all inspections, certifications, and due diligence.
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Additional Information
- Area
- Salem City (21713)
- Taxes
- $1500
- School District
- Salem City Schools
- Elementary School
- John Fenwick E.S.
- Middle School
- Salem M.S.
- High School
- Salem H.S.
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Well, Well Permit Applied For
- Sewer
- Applied for Permit
- Basement
- Yes
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Listing courtesy of Keller Williams - Main Street. Contact: 8568582200