Listed By:
NJ Elite Group, LLC
Address
39 Oak Street, Salem, NJ
Price
$ 100,000
Property Attributes
  • MLS#NJSA2010750
  • TypeMulti-Family
  • CountySALEM
  • CitySalem
  • AreaSalem City
  • Zip08079
  • Style
  • Year Built1906
  • Taxes$ 3765
  • Price$ 100,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description

What a great opportunity in Salem! You can buy this home as-is and take over your own renovations (THERE ARE BRAND NEW KITCHEN CABINETS ON-SITE THAT ARE INCLUDED WITH THE SALE). *Plumbing & Electrical are completed. Potential rents are up to $2650 - $3300 per month which would pay your mortgage PLUS give you extra cash flow. This property boasts two units: one featuring 3 beds and 1 bath, and the other offering 2 beds and 1 bath, BOTH complemented by bonus rooms that can be a 3rd and 4th bedroom. There is a full unfinished basement accessible by both units. Seize this opportunity to personalize and add your own finishing touches and capitalize on the potential of this duplex, including the new cabinets already there for you. Book an appointment to see this colonial beauty in a nice area today.

Price History
4/22/2024 Listed $100,000

General Features

Sewer Public Sewer
Heating None
Cooling Window Unit(s)
Possession Immediate,0-30 Days CD,Negotiable,Settlement
Roof Asphalt,Shingle,Metal
Zoning RESIDENTIAL
Pool Y/N No Pool
Architectural Style Other
Construction Materials Brick,Concrete
Year Built 1906
Electric Other
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric,Natural Gas
Accessibility None
County SALEM
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Please locate property with the use of GPS
ModificationTimestamp 2024-05-05T14:29:02
City SALEM
Buyer Agent Compensation 2.5
Total Units 1
MLS Area Salem City (21713)
Lot Size Square Feet 3751.00
Tax Assessed Value 47900.0
Waterfront Y/N No
Street Name OAK
Tax Annual Amount 3765.0
Home Warranty Y/N No
Property Condition Major Rehab Needed,Excellent
Two Bedroom 1
Structure Type Twin/Semi-Detached
NumberOfUnitsVacant 2
Other Units Unit 1,Unit 2
Price Per Sq Ft 48.26
Acceptable Financing Cash,FHA 203(k),FHA 203(b),Private
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 2072
Days on Market 14
Standard Status Active
Year Built Source Assessor
Tax Lot 00029
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Interior Access,Unfinished
Flooring Wood
Hot Water Natural Gas
Total Stories 2
Furnished Units None
Basement (Y/N) Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor
Three Bedroom Units Count 1

Exterior Features

Water Source Public
Inclusions Cabinets & building material in the home included in sale. As-is where is,seller makes no guarantees for material that is left in property.
Type of Parking Off Street,On Street
Foundation Details Block,Brick/Mortar
Spa No
Water View Y/N No
Lot Dimensions 25.00 x 150.00
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 7800.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08079

Price
AVG $200K
$100K
Taxes
AVG $4,036
$3,765
Visits
AVG 91
90
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1906

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