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60-62 Walnut Street Salem, NJ $ 190,000
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$ 190,000 Get more info
60-62 Walnut Street
$ 190,000
Back to search
Share Save

60-62 Walnut Street

Salem, NJ, 08079
$ 190,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,170

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Multi-Family Home for sale in Salem, NJ

for $190,000 with 6 bedrooms. This home was built in 1920 on a lot size of 0.13.

Turnkey duplex opportunity in the heart of Salem with strong income-producing potential! 6062 Walnut Street features two spacious units, each offering 3 bedrooms and 1 full bathroom, making this an ideal setup for investors or owner-occupants looking to offset living expenses with rental income. This well-maintained multi-family property offers updated interiors, generous living space, and layouts designed for comfortable everyday living. With renovations already completed, the property is positioned for immediate occupancy, steady cash flow, or long-term portfolio growth. Situated on a quiet residential street near schools, shopping, dining, and major commuting routes, this property combines convenience with investment upside. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this is a rare opportunity to secure a move-in-ready multi-family property with lasting potential.

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Multi-Family Pending

Price

$ 190,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,193

Style

Side-by-Side

Lot Size

0.13

Year Built

1920

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2018904
Features
General
Living Area 2476
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning DUPLEX
Architectural Style Side-by-Side
Construction Materials Aluminum 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 PENDING
Directions From Route 49/Broadway in Salem turn onto Walnut Street. Property will be located on the right-hand side. Conveniently accessible from Market Street and nearby major local roadways. Use GPS: 60–62 Wa
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 5519.00
Tax Annual Amount 4193.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 76.74
Acceptable Financing Conventional FHA FHVA VA
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
Tax Lot 00001
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Interior
Heating Fuel Natural Gas
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Well Permit Applied For
Type of Parking Driveway
Foundation Details Other
Water View Y/N N
Lot Dimensions 40.00 x 138.00
Lot Size Acres 0.13
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 8200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 60
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* Excluded Features
List By
Society

Broker

allegralyndell@gmail.com

Email

Affordability Calculator

$1,519
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,170
Monthly Property Taxes
$349
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
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Pricing History
DatePricePrice ChangeDescription
5/19/2026$190,000 -5.00% Price Down
5/8/2026$200,000 Listed Price

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60-62 Walnut Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $190,000 with a lot size of 0.13. 60-62 Walnut 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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