+++OFFER ACCEPTED+++Looking for an investment opportunity or a spacious home with rental income potential? Look no further! This property is eligible for USDA financing! 0% down WOW This beautifull renovated property features two separate units, side by side. Each unit with 4 bedrooms, 1 bathroom. Each unit features new flooring, SS appliances, new HVAC, etc. Both units have access to a shared backyard, perfect for outdoor gatherings and relaxation. Additionally, there is ample off-street parking for tenants and guests. Located in a quiet residential neighborhood, this property is just a short drive from local schools, shopping, and dining options. Don't miss this opportunity to own a versatile and income-generating property in a desirable location!
Multi-familyProperty Type
1915Year Built
$88Est. Price/Sq.Ft.
Listed by DEMOND EDWARDS• HomeSmart First Advantage Realty
Back to Active!I NEED Offers and this could be fantastic for you! A place to call home! Stop renting when you can own your own home! Live in one, rent the other! OR Start building your Investment Property Portfolio Now! Full Duplex! Investor Alert! Rental potential! Newer heaters and hot water heaters. Past rental income performance documentation available. Bring all offers! Sold "As Is" Buyer is responsible for all certificates and repairs. All terms subject to bank approval.
BRIGHT MLS #1008861982
Nov 22, 2010
Listing Removed
—
Sep 15, 2009
Listed
$129,900
$46/sq ft
BRIGHT MLS #1008798616
Aug 4, 2009
Listing Removed
—
Jun 21, 2009
Listed
$137,000
$49/sq ft
BRIGHT MLS #NJSA122372
May 30, 2008
Listing Removed
—
Oct 12, 2007
Listed
$147,900
$53/sq ft
BRIGHT MLS #NJSA107160
Feb 25, 2005
Sold
$105,000
$37/sq ft
Jan 27, 2005
Listing Removed
—
Jan 15, 2005
Listed
$105,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,075 (+4.9%)
$8,700 + $73,300
$82,000
2024
$6,742 (+55.7%)
$8,700 + $73,300
$82,000
2023
$4,331 (+4.6%)
$8,700 + $73,300
$82,000
2022
$4,142 (+6.3%)
$8,700 + $46,400
$55,100
2019
$3,895 (+2.2%)
$8,700 + $46,400
$55,100
2018
$3,810 (+1.2%)
$8,700 + $46,400
$55,100
2017
$3,763 (−3.9%)
$8,700 + $46,400
$55,100
2016
$3,916 (+1.8%)
$8,700 + $46,400
$55,100
2014
$3,846 (−32.0%)
$32,700 + $67,300
$100,000
2013
$5,654 (+2.5%)
$32,700 + $67,300
$100,000
2012
$5,514 (+1.1%)
$32,700 + $115,200
$147,900
2011
$5,455 (+2.7%)
$32,700 + $115,200
$147,900
2010
$5,313 (+2.5%)
$32,700 + $115,200
$147,900
2009
$5,185
$32,700 + $115,200
$147,900
Tax history for 43-45 Chestnut St
Year
Property tax
Land + Additions
Assessment*
2025
$7,075 (+4.9%)
$8,700 + $73,300
$82,000
2024
$6,742 (+55.7%)
$8,700 + $73,300
$82,000
2023
$4,331 (+4.6%)
$8,700 + $73,300
$82,000
2022
$4,142 (+6.3%)
$8,700 + $46,400
$55,100
2019
$3,895 (+2.2%)
$8,700 + $46,400
$55,100
2018
$3,810 (+1.2%)
$8,700 + $46,400
$55,100
2017
$3,763 (−3.9%)
$8,700 + $46,400
$55,100
2016
$3,916 (+1.8%)
$8,700 + $46,400
$55,100
2014
$3,846 (−32.0%)
$32,700 + $67,300
$100,000
2013
$5,654 (+2.5%)
$32,700 + $67,300
$100,000
2012
$5,514 (+1.1%)
$32,700 + $115,200
$147,900
2011
$5,455 (+2.7%)
$32,700 + $115,200
$147,900
2010
$5,313 (+2.5%)
$32,700 + $115,200
$147,900
2009
$5,185
$32,700 + $115,200
$147,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,560 Sq. Ft.
Year renovated
—
Sq. Ft.
2,816
Year built
1915
Style
Single Family Residential
County
Salem County
APN
1300060 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Property details
Parking
Parking Information
On Street
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Full
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 1
Construction Materials: Block
Foundation Details: Brick/Mortar, Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 40.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 2,816
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Year: 2022
Assessments Information
Year Assessed: 2022
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
90% Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: No Septic System
Water Source: Public
Location
Multi Unit Information
# of Vacant Units: 2
Units Furnished: None
School Information
School District Name: SALEM CITY SCHOOLS
School District Source: Listing Agent
Location Information
Directions: Use GPS
Municipality: SALEM CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,816
Stories: —
Lot Size: 5,560 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Salem County
APN: 1300060 00006
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Salem Middle School
Public 3-8 • Assigned • 0.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Salem, NJ • 08079
Average low and high temperatures (°F)
37
24
41
27
59
39
67
47
73
56
83
65
88
72
80
64
78
62
68
50
57
41
43
30
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
$235,000 – $284,000
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