78 Walnut Street Salem, NJ $ 215,000
78 Walnut Street
$ 215,000
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78 Walnut Street

Salem, NJ, 08079
$ 215,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,324

78 Walnut Street, Salem, NJ 08079 - Image 1
78 Walnut Street, Salem, NJ 08079 - Image 2
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78 Walnut Street, Salem, NJ 08079 - Image 10
78 Walnut Street, Salem, NJ 08079 - Image 11

Multi-Family Home for sale in Salem, NJ

for $215,000 with 4 bedrooms. This home was built in 1910 on a lot size of 0.11.

PROPERTY IS IN USDA ELIGIBLE AREA - 0% down. - property is set up as a duplex but can be converted easily back into a single family. 78 Walnut presents an exceptional opportunity for homeowners and investors alike, offering both versatility and strong potential. This fully renovated property features a spacious layout, solid structure, and a true turnkey opportunity. The home includes two full bathrooms and a kitchen on each level, making it ideal for flexible living arrangements. It can be configured as a two-family residence with two bedrooms per unit, or enjoyed as a single-family home with up to FIVE bedrooms plus a dedicated office/den or recreation room, accommodating a variety of lifestyle needs. Heating is provided via forced air on one level and baseboard heating on the other, and window A/C units are utilized for cooling. Enjoy outdoor living with a sundeck, inviting porch, and a large backyard, perfect for hosting gatherings and entertaining. Inside, a full, unfinished basement and attic provide ample storage space and potential for future expansion. Conveniently located near local shops, schools, public transportation, and major roadways, 78 Walnut combines everyday accessibility with small-town charm. Whether youre seeking a primary residence, multi-generational living, or an income-producing investment, this property offers significant upside potential.

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Multi-Family Active

Price

$ 215,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 5,194

Style

Colonial

Lot Size

0.11

Year Built

1910

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2019040

Features
General
Living Area 2473
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Cable TV
Possession 0-30 Days CD 31-60 Days CD
Roof Shingle
Appliances Stove Refrigerator Range Hood
Zoning RES
Architectural Style Colonial
Construction Materials Frame Aluminum Siding
School District SALEM CITY SCHOOLS
Exclusions personal belongings
Year Built 1910
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
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 6
Status ACTIVE
Directions GPS
City SALEM
Number Of Units Total 2
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 4995.00
Tax Annual Amount 5194.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 86.94
Acceptable Financing Cash Conventional FHA 203(k) FHA
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 00004
Association Recreation Fee N
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Interior
Interior Amenities 2nd Kitchen Carpet Floor Plan - Traditional Kitchen - Country Wood Floors Additional Stairway Attic Built-Ins Ceiling Fan(s) Formal/Separate Dining Room Bathroom - Tub Shower
Heating Fuel Propane - Leased
Basement Partial Unfinished
Flooring Vinyl Wood
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
Exterior Amenities Sidewalks Street Lights Exterior Lighting
Pool No Pool
Lot Features Corner
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Dimensions 45.00 x 111.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 8000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 78
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* Excluded Features
List By
Keller Williams Liberty Place

Broker

alyce@agentphl.com

Email

Affordability Calculator

$1,757
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,324
Monthly Property Taxes
$433
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
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$215,000 Listed Price

Map


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78 Walnut Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $215,000 with a lot size of 0.11. 78 Walnut Street has 4 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 08079 which is in Salem, NJ