Salem, NJ 08079,56 WALNUT ST
Listed by Neal C Sheppard • Warner Real Estate & Auction Company
Bought with Christina P Sorhaindo • Weichert Realtors - Moorestown
$125,000
$140,000
10.7%
Est.Price: ?

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1,992 SqFt

56 WALNUT ST Salem, NJ 08079

Est. payment /mo
SOLD DATE : 05/04/2022

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Key Details

Sold Price $125,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $62

MLS Listing ID NJSA2001948

Sold Date 05/04/22

Style Dwelling w/Separate Living Area

Abv Grd Liv Area 1,992

Year Built 1930

Annual Tax Amount $5,233

Tax Year 2021

Lot Size 7,200 Sqft

Acres 0.17

Lot Dimensions 40.00 x 180.00

Property Sub-Type Triplex

Source BRIGHT

Property Description

Back on the market due to contracted buyers' inability to complete the purchase in a timely manner.
3-unit, Turnkey investment opportunity in Salem City. Two separate buildings eliminate the necessity of registering the property with the state for more than 3 units on one building. Main home has 2- 2-bedroom units on separate floors. The third unit is on the second floor over top of a garage which could be used as additional income or for landlord storage. Currently the 2 main home units are occupied with long term tenants, the separate 3rd unit is unoccupied and ready to be rented.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning R-2

Rooms

Basement Partial

Interior

Hot Water Electric

Heating Radiant, Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas, Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Dwelling w/Separate Living Area

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Salem County Public Schools

Others

Tax ID 13-00084-00004

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent

Stan Smoyer

Broker Associate | License ID: 1754405

+1(609) 805-0835

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