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159-161 Grant Street Salem, NJ $ 140,000
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$ 140,000 Get more info
159-161 Grant Street
$ 140,000
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159-161 Grant Street

Salem, NJ, 08079
$ 140,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 862

159-161 Grant Street, Salem, NJ 08079 - Image 1
159-161 Grant Street, Salem, NJ 08079 - Image 2
159-161 Grant Street, Salem, NJ 08079 - Image 3

Multi-Family Home for sale in Salem, NJ

for $140,000 with 6 bedrooms. This home was built in 1920 on a lot size of 0.09.

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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Multi-Family Active

Price

$ 140,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 1,500

Style

Lot Size

0.09

Year Built

1920

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2018900
Features
General
Living Area 1644
Sewer Applied for Permit
Heating Forced Air
Cooling None
Possession Immediate
Zoning RESID
Architectural Style Other
Construction Materials Vinyl Siding
School District SALEM CITY SCHOOLS
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
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 Route 49/Broadway in Salem turn onto Market Street then make a right onto Grant Street. Property will be on the right side near the intersection of Grant Street and Keasbey Street. Use GPS: 159-
City SALEM
Disclosures Lead Based Paint - State Owner RE Licensee Prop Disclosure
Number Of Units Total 1
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 3999.00
Number of Units Leased 0
Tax Annual Amount 1500.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 85.16
Acceptable Financing Conventional FHA FHVA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00059
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Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Well Well Permit Applied For
Type of Parking Parking Lot
Foundation Details Stone
Water View Y/N N
Lot Dimensions 25.00 x 160.00
Lot Size Acres 0.09
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 6000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 159
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* Excluded Features
List By
Society

Broker

jpencook@society.live

Email

Affordability Calculator

$987
Per Month
87%
13%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5337333 Elementary School
4703913 Middle School
Salem H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2026$140,000 Listed Price

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159-161 Grant Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $140,000 with a lot size of 0.09. 159-161 Grant Street has 6 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08079 which is in Salem, NJ

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