OFF MARKET

Off market mar 2025 for $194K

$231,801

•

1,595

sq ft

3-5 S 3rd St, Salem, NJ 08079

About this home

Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!

Multi-familyProperty Type

1890Year Built

2,200 sq ftLot Size

$145Est. Price/Sq.Ft.

Listed by Colleen Dorrego • Keller Williams Realty - Washington Township

•856-582-1200 (broker)

•frontdesk943@gmail.com (broker)

Bought with Kenneth LePosa • Coldwell Banker Realty

•856-685-5600 (broker)

•haddonfieldadmin@cbrealty.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #NJSA2013218

Redfin Estimate

$231,801

$38K since sold in March 2025$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.9% lower than the average sale price ($272K) of 6 comparable homes.

SOLD OCT 2, 2026
$309,000
A
4 beds1.5 baths1,660 sq ft
18 Charles Pl, Pennsville, NJ 08070
SOLD JUL 29, 2026
$200,000
B
6 beds2 baths2,588 sq ft
25-27 East Ave, Quinton, NJ 08072
SOLD OCT 5, 2026
$300,500
C
3 beds1.5 baths1,656 sq ft
8 Craig Pl, Pennsville, NJ 08070
SOLD MAY 29, 2026
$225,000
D
3 beds2 baths1,500 sq ft
51 Mahoney Rd, Pennsville, NJ 08070
SOLD JUN 24, 2026
$270,000
E
3 beds1.5 baths1,656 sq ft
10 Charles Pl, Pennsville, NJ 08070
SOLD JUN 26, 2026
$330,000
F
4 beds2 baths1,584 sq ft
8 Riviera Dr, Pennsville, NJ 08070

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Earn from this home

Sell

$65,411

Est. take-home

List your home with Redfin and save $2,318

Market trends in 08079, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

92.1%

2.7% MoM

Median sale price

$175K

$3K MoM

Avg. days on market

89d

27 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 24 HRS AGO
$79,900
4 beds2 baths1,672 sq ft
50 Seventh St, Salem, NJ 08079
(610) 622-7500
$250,000
3 beds2 baths1,785 sq ft
21 Delaware Dr, Salem, NJ 08079
(856) 888-9505
$89,900
2 beds1 bath888 sq ft
183 E Broadway Unit C-3, Salem, NJ 08079
(856) 769-2020
$350,000
2 beds1.5 baths1,290 sq ft
215 Compromise Rd, Mannington, NJ 08079
(856) 343-6000
$199,000
3 beds2.5 baths3,023 sq ft
100 W Broadway, Salem, NJ 08079
(856) 241-4343
$139,900
4 beds1 bath1,478 sq ft
108 Eighth St, Salem, NJ 08079
(856) 343-6000
$250,000
3 beds1.5 baths1,456 sq ft
324 Allen Ave, Salem, NJ 08079
(856) 804-1805
$279,500
5 beds2 baths1,533 sq ft
188 Crossland Ave, Salem, NJ 08079
(856) 343-6000
$550,000
3 beds2 baths2,300 sq ft
280 Maskells Mill Rd, Salem, NJ 08079
(856) 343-6000
See all

Provided by Redfin

Sale history for 3-5 S 3rd St

Public record

Beds

—

Baths

—

Stories

—

Lot width

71 ft.

Lot depth

31 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Salem County

APN

13-00048-00022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Dec 19, 2024.

Property details

Parking

Parking Information
On Street

Interior

Interior Information
Flooring Type: Laminate Plank
Interior Features: Attic, CeilngFan(s), Floor Plan - Traditional
Living Area Sq.Ft. Source: Assessor

Room Information
# of Rooms: 6

Multi Unit Information
# of Two Bedroom Units: 1
# of Vacant Units: 1
# of Units Leased: 2
Other Units: Unit 1,Unit 2

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $28,500
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor

Building Information
# of Units (Total): 2
Construction Materials: Block
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Detached

Lot Information
Lot Size Dimensions: 71.00 x 31.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $6,500

Above Grade Information
Finished Sq.Ft.: 1,595
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $35,000
Tax Year: 2024
Tax Annual Amount: $2,877

Assessments Information
Year Assessed: 2024

Lease Information
Existing Lease Type: Yearly

Rental Information
Rent Control: No

Utilities

Utilities Information
Cooling Type: Ceiling Fan(s), Window Unit(s)
Cooling Fuel: Electric
Central
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Electric Available
Water Source: Public

Location

School Information
Elementary School: SALEM
Middle Or Junior School: SALEM M.S.
High School: SALEM H.S.
School District Name: SALEM CITY SCHOOLS
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent

Location Information
Directions: 3rd St 3-5 on corner
Municipality: SALEM CITY

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Salem County
APN: 13-00048-00022

Home facts updated by county records on Dec 19, 2024

Around this home

Schools

Salem Middle School

Public 3-8 • Assigned • 0.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 72-80% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Salem, NJ • 08079

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$221,000 – $267,000

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Nearby similar homes

$950,000

Land— sq ft

S Broadway, Pennsville, NJ 08070

Listed 226 days

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8 beds— baths— sq ft

833 N Market St, Wilmington, DE 19801

15 ft ceilings • Exposed brick • Open duct

(302) 888-2650

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8 beds— baths4,374 sq ft

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5 units • Lobby • Basement

(302) 734-4414

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5 beds6 baths3,000 sq ft

409 W 8th St, Wilmington, DE 19801

Multifamily property • Desirable unit mix • Built 1899

(302) 202-9855

$350,000

6 beds— baths2,775 sq ft

600 W 5th St, Wilmington, DE 19801

1,742 sq ft lot • Built 1890 • Listed 115 days

(302) 266-7544

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4 beds2.5 baths1,700 sq ft

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Covered front porch • Separate entrances • Remodeled units

(302) 202-9855

New listings for sale in 08079

NEW 24 HRS AGO

$79,900

4 beds2 baths1,672 sq ft

50 Seventh St, Salem, NJ 08079

Corner lot • Covered front porch • Rear deck

(610) 622-7500

$250,000

3 beds2 baths1,785 sq ft

21 Delaware Dr, Salem, NJ 08079

Large front porch • Original wood floors • Granite counters

(856) 888-9505

$89,900

2 beds1 bath888 sq ft

183 E Broadway Unit C-3, Salem, NJ 08079

Full galley kitchen • Walk in closet • Downtown district

(856) 769-2020

$350,000

2 beds1.5 baths1,290 sq ft

215 Compromise Rd, Mannington, NJ 08079

Granite counter tops • Level yard • Spacious front deck

(856) 343-6000

$199,000

3 beds2.5 baths3,023 sq ft

100 W Broadway, Salem, NJ 08079

Victorian residence • Mansard roof • Covered porches

(856) 241-4343

$139,900

4 beds1 bath1,478 sq ft

108 Eighth St, Salem, NJ 08079

Enclosed porch • Full basement • Backdoor to deck

(856) 343-6000

$250,000

3 beds1.5 baths1,456 sq ft

324 Allen Ave, Salem, NJ 08079

Renovated • New roof • Hvac system

(856) 804-1805

$279,500

5 beds2 baths1,533 sq ft

188 Crossland Ave, Salem, NJ 08079

Double lot • Flexible floor plan • Concrete patio

(856) 343-6000

$550,000

3 beds2 baths2,300 sq ft

280 Maskells Mill Rd, Salem, NJ 08079

1.22 acre lot • 2 garage spots • Built 1979

(856) 343-6000

Home values near 3-5 S 3rd St

Data from public records.

Address	Redfin Estimate
5 S 3rd Street, Salem, NJ - Beds \| - Baths \| 1595 Sq. Ft.	$223,091
75 W Broadway, Salem, NJ - Beds \| - Baths \| 3548 Sq. Ft.	$206,890

Address	Redfin Estimate
6 S 3rd Street, Salem, NJ - Beds \| - Baths \| 2112 Sq. Ft.	$188,166
75 W Broadway, Salem, NJ 5 Beds \| 3 Baths \| 3548 Sq. Ft.	$188,136

Address	Redfin Estimate
73 W Broadway, Salem, NJ 6 Beds \| 2.5 Baths \| 1944 Sq. Ft.	$83,809
68 Hedge Street, Salem, NJ 2 Beds \| 1 Baths \| 1166 Sq. Ft.	$86,993

Property information provided by BRIGHT MLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08079, NJ

Sale history for 3-5 S 3rd St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08079

Home values near 3-5 S 3rd St

More real estate resources