85 Chestnut Street Salem, NJ $ 55,000
85 Chestnut Street
$ 55,000
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85 Chestnut Street

Salem, NJ, 08079
$ 55,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 384

85 Chestnut Street, Salem, NJ 08079 - Image 1

Multi-Family Home for sale in Salem, NJ

for $55,000 with 3 bedrooms. This home was built in 1925 on a lot size of 0.05.

There are multiple offers already asking for highest and best by Saturday 2/10/24 at 12PM. Any Offer received after 12PM will be for backup purposes only. More Photos Coming Soon! This property is an investor special awaiting your magic touch to fix and flip or fix and rent. Discover the potential in this half of a twin home, boasting 3 bedrooms, 1 bathroom, a spacious eat-in kitchen, and a cozy living room. Embrace the opportunity to customize and transform this space into a lucrative investment. Please note, cameras will not be included in the sale. Don't miss out seize this chance to turn a diamond in the rough into a shining gem! Property is sold in strictly as is condition all inspections will be for buyers information only. Buyer will be responsible for the certificate of occupancy. Drive way is shared with 83 Chestnut, drive back and 85 parking is to the left and 83 Chestnut is to the right looking in from the street.

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Multi-Family Contingent

Price

$ 55,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 1,473

Style

Contemporary

Lot Size

0.05

Year Built

1925

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2009960

Features
Interior
Heating Fuel Oil
Flooring Hardwood Laminated
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Roof Architectural Shingle
Zoning RESIDENTIAL
Pool Y/N No Pool
Architectural Style Contemporary
Construction Materials Aluminum Siding Copper Plumbing Shingle Siding
Exclusions All items considered owners personal property
Year Built 1925
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 6
Status ACTIVE UNDER CONTRACT
Directions Take Broadway and turn on to Chestnut St home is on the right side.
City SALEM
Buyer Agent Compensation 3
Total Units 1
MLS Area Salem City (21713)
Lot Size Square Feet 2243.00
Waterfront Y/N N
Street Name CHESTNUT
Tax Annual Amount 1473.0
Home Warranty Y/N N
Property Condition Average
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft 47.74
Acceptable Financing Cash Conventional FHA 203(k)
Vacation Rental Y/N N
Days on Market 9
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 00013
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions All items not considered owners personal property
Type of Parking Driveway On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 19.00 x 118.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 5700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 85
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* Excluded Features
List By
Exit Homestead Realty Professionals

Broker

richard@exithomepros.com

Email

Affordability Calculator

$507
Per Month
76%
24%
0%
Monthly Principal & Interest
$384
Monthly Property Taxes
$123
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$55,000 Listed Price

Map


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85 Chestnut Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $55,000 with a lot size of 0.05. 85 Chestnut Street has 3 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 08079 which is in Salem, NJ