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5 Beds
2 Baths
2,473SqFt
Active
Attention! The seller is requesting highest and best offers by Friday, Sept 25th no later than 5pm eastern standard time. This property offers exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. The floor plan is interchangeable with an open layout, which can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. The property will be delivered vacant, with both units available to be rented with an estimated rental income of potentially $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today!
Property Details | ||
|---|---|---|
| Price | $177,000 | |
| Bedrooms | 5 | |
| Full Baths | 2 | |
| Total Baths | 2 | |
| Property Style | Colonial | |
| Lot Size | 45.00 x 111.00 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.11 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Detached | |
| Stories | 2 | |
| Year Built | 1910 | |
| Subdivision | NONE AVAILABLE | |
| Heating | Other | |
| Foundation | Permanent | |
| Accessibility | None | |
Geographic Data | ||
| Directions | Route via NJ-49 West (from Millville/Bridgeton)Merge onto NJ-49 W heading toward Salem.Turn left onto Grieves Pkwy as you enter Salem city limits.Turn right onto Smith St right past the school area.Turn right onto Walnut St; the destination will be on your left. Route via I-295 / NJ-49 East (from Wilmington/Philadelphia)Take I-295 S toward the Delaware Memorial Bridge.Take Exit 1A for NJ-49 E toward Pennsville/Salem.Follow NJ-49 E (Broadway) straight into the heart of Salem.Turn left onto Yorke St.Turn right onto Walnut St; the property is on your right just past Smith St. Route via NJ-77 South (from Mullica Hill/Woodbury)Take NJ-77 S through Bridgeton.Merge onto NJ-49 W toward Salem.Follow the Grieves Pkwy to Smith St.Turn right onto Smith St right past the school area.Turn right onto Walnut St; the destination will be on your left. | |
| County | SALEM | |
| Latitude | 39.56686 | |
| Longitude | -75.46782 | |
| Market Area | Salem City (21713) | |
Address Information | ||
| Address | 78 WALNUT ST, SALEM, NJ 08079 | |
| Postal Code | 08079 | |
| City | SALEM | |
| Cross Street | Smith Street | |
| State | NJ | |
| Country | United States | |
Listing Information | ||
| Listing Office | Hi-Level Real Estate LLC | |
| Listing Office Email | njrealtorsteve@gmail.com | |
| Listing Agent | JASMINE BRADLEY | |
| Special listing conditions | Standard | |
| Ownership | Fee Simple | |
| Terms | Cash,Conventional,FHA | |
School Information | ||
| District | SALEM CITY SCHOOLS | |
MLS Information | ||
| Days on market | 80 | |
| MLS Status | Active | |
| Listing Date | Jul 17, 2026 | |
| Listing Last Modified | Oct 4, 2026 | |
| Tax ID | 13-00086-00004 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 5194 | |
| MLS Area | Salem City (21713) | |
| MLS # | NJSA2019582 | |
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Last updated: 2026-10-05T01:00:26.848333Z. Listing information is provided by Bright MLS. Listings are generated from various brokers who participate in IDX. Information is deemed reliable but not guaranteed.