Listed By:
Keller Williams Hometown
Address
6 East Avenue, Salem, NJ
Price
$ 550,000
Property Attributes
  • MLS#NJSA2010028
  • TypeCommercial
  • CountySALEM
  • CitySalem
  • AreaQuinton Twp
  • Zip08079
  • StyleApartment Building
  • Year Built1920
  • Taxes$ 10278
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description

5 units all residential for sale. Gross rents of $6200 per month. Two bedroom 26 unit A - $1250, Two bedroom 26 unit B - $1500 , three bedroom 28 unit 1 - $1535, one bedroom 6 east unit A - $1025, one bedroom 6 east unit B - $897.50. Unit 26 B is completely new with the unit being taken down to the studs prior to renting. Proof of funds or prequel letter must be sent prior to requesting a showing.

Price History
2/11/2024 Listed $550,000

General Features

Sewer Public Sewer
Heating Central,Radiant
Cooling Central A/C,Window Unit(s)
Possession 0-30 Days CD,120-180 Days,31-60 Days CD,61-90 Days CD,Immediate
Zoning 4A
Construction Materials Frame
Year Built 1920
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility 2+ Access Exits
County SALEM
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions gps,corner of main and east
ModificationTimestamp 2024-03-30T01:39:23
City SALEM
Buyer Agent Compensation 2.5
MLS Area Quinton Twp (21712)
Lot Size Square Feet 6752.00
Tax Assessed Value 291500.0
Waterfront Y/N No
Street Name EAST
Tax Annual Amount 10278.0
Price Per Sq Ft 122.22
Vacation Rental Y/N No
Days on Market 66
Standard Status Active
Year Built Source Assessor
Tax Lot 00001
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Oil
Hot Water Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes

Exterior Features

Water Source Well
Type of Parking On Street
Water View Y/N No
Building Area Total 4500.00
Lot Dimensions 50.00 x 135.00
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 14800.00
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 Commercial Average in 08079

Price
AVG $410K
$550K
Taxes
AVG $9,330
$10,278
Visits
AVG 134
28
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1920

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