Bought with Kenneth F LePosa II • Coldwell Banker Realty
$165,000
$175,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2,476 SqFt
SOLD DATE : 09/11/2026
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,476 sqft
Price per Sqft $66
MLS Listing ID NJSA2018904
Sold Date 09/11/26
Style Side-by-Side
Abv Grd Liv Area 2,476
Year Built 1920
Available Date 2026-05-12
Annual Tax Amount $4,193
Tax Year 2025
Lot Size 5,519 Sqft
Acres 0.13
Lot Dimensions 40.00 x 138.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Turnkey duplex opportunity in the heart of Salem with strong income-producing potential! 60–62 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.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning DUPLEX
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 2476
Sewer Public Sewer
Water Well Permit Applied For
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools John Fenwick E.S.
Middle Schools Salem M.S.
High Schools Salem H.S.
School District Salem City Schools
Others
Tax ID 13-00084-00001
Ownership Fee Simple
SqFt Source 2476
Acceptable Financing Conventional, FHA, FHVA, VA
Listing Terms Conventional, FHA, FHVA, VA
Financing Conventional,FHA,FHVA,VA
Special Listing Condition Standard
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