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59 Market Street Salem, NJ $ 250,000
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$ 250,000 Get more info
59 Market Street
$ 250,000
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59 Market Street

Salem, NJ, 08079
$ 250,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,560

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Multi-Family Home for sale in Salem, NJ

for $250,000 with 5 bedrooms. This home was built in 1820 on a lot size of 0.28.

Great tri-plex in Salem. Three units with long-term tenants, all CO's in place, LBP inspections are current. Two of the units are one bedroom/one bathroom, and one unit has three bedrooms with one full bathroom, one half bathroom. Tenants pay electric on seperate meters. Tenants will need ample notice for showings. All prospective buyers will need to provide proof of funds or an updated mortgage approval letter prior to any showing requests being approved.

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Multi-Family Active

Price

$ 250,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,903

Style

Traditional

Lot Size

0.28

Year Built

1820

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2016616
Features
General
Living Area 3437
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Subject to Existing Lease
Roof Shingle
Zoning RES
Architectural Style Traditional
Construction Materials Frame
School District SALEM CITY SCHOOLS
Year Built 1820
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Accessibility None
County SALEM
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Rt. 45 into Salem PIQ on the right
City SALEM
Number Of Units Total 1
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 11988.00
Number of Units Leased 3
Tax Annual Amount 5903.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 72.74
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00017
Total Actual Rent 35400.00
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Interior
Heating Fuel Oil
Basement Unfinished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Private
Type of Parking Driveway On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 54.00 x 222.00
Lot Size Acres 0.28
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 8300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 59
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* Excluded Features
List By
Keller Williams Hometown

Broker

rickeber@kw.com

Email

Affordability Calculator

$2,052
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$492
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/10/2025$250,000 Listed Price

Map

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59 Market Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $250,000 with a lot size of 0.28. 59 Market Street has 5 bedrooms, 0.0 baths, and was built in 1820. The property's zip code is 08079 which is in Salem, NJ

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