300 Salem Avenue Newfield, NJ $ 250,000
300 Salem Avenue
$ 250,000
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300 Salem Avenue

Newfield, NJ, 08344
$ 250,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,727

300 Salem Avenue, Newfield, NJ 08344 - Image 1
300 Salem Avenue, Newfield, NJ 08344 - Image 2
300 Salem Avenue, Newfield, NJ 08344 - Image 3

Multi-Family Home for sale in Newfield, NJ

for $250,000 with 4 bedrooms. This home was built in 1920 on a lot size of 0.58.

Investor opportunity in Newfield! 300 Salem Ave is a duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently occupied by long-standing tenants on month-to-month leases who would like to remain, making this a great opportunity for an investor looking to add an income-producing property to their portfolio. Includes adjoining land lot at 364 Salem Ave, Vineland (#NJCB2033252) for a total of 1.18 acres. With tenants already in place, the property offers immediate rental potential along with the opportunity to make updates and improvements over time. The asking price reflects the current condition, giving the next owner room to add value and maximize the property's potential. Property is being sold strictly AS IS, with the seller making no repairs or improvements. Buyer is responsible for all inspections, certifications, and lender or municipal requirements. Seller is motivated and welcomes serious offers. Whether you're expanding an existing portfolio or looking for your next investment property, 300 Salem Ave is one to check out! Please DO NOT approach property with confirmed appointment with agent.

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,618

Style

Lot Size

0.58

Year Built

1920

Town/City

Newfield

County/Region

Gloucester

MLS | Web ID

NJGL2078604

Features
General
Living Area 1632
Sewer On Site Septic
Heating Radiator Forced Air
Cooling None
Possession Settlement
Zoning R2
Architectural Style Other
Construction Materials Frame
School District BUENA REGIONAL SCHOOLS
Exclusions As Is
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality NEWFIELD BORO
Accessibility None
County GLOUCESTER
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 Located on corner of Salem Ave & Oakland Ave.
City NEWFIELD
Number Of Units Total 2
MLS Area Newfield Boro (20813)
Lot Size Units Square Feet
Lot Size Square Feet 25265.00
Number of Units Leased 2
Tax Annual Amount 4618.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 153.19
Acceptable Financing Cash Conventional FHA 203(k)
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 00016
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Interior
Heating Fuel Natural Gas Oil
Basement Full Outside Entrance
Hot Water Oil
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
Lot Features Additional Lot(s)
Water Source Public
Inclusions As Is
Type of Parking Driveway On Street
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.58
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 51600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 300
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* Excluded Features
List By
Exit Realty Defined

Broker

jill@exitrealtydefined.com

Email

Affordability Calculator

$2,112
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$385
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3534828 Elementary School
3535921 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$250,000 Listed Price

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300 Salem Avenue, Newfield, NJ, 08344 is a Multi-Family Home for sale at $250,000 with a lot size of 0.58. 300 Salem Avenue has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08344 which is in Newfield, NJ