Off market jul 2021 for $120K

—

•

— ba

•

2,604

sq ft

86-88 Chestnut St, Salem, NJ 08079

About this home

Calling all Investors! This property consists of a large duplex (side by side units) that are both currently rented. Each unit has 3 bedrooms, 1 full bath, living, dining, and kitchen with radiator heat. Long term tenants produce a gross income of $1750 per month. Both units are fully licensed with approved certificate of occupancies. Purchaser to assume current lease. Situated on a large lot with ample parking. Please do not approach tenants. Showings on Saturdays only from 12 - 3 pm.

Multi-familyProperty Type

1970Year Built

4,860 sq ftLot Size

$46Price/Sq.Ft.

Listed by Wendy Sparks • Weichert Realtors-Mullica Hill

•856-223-2600 (broker)

•ssparks@weichertrealtors.net (broker)

Bought with Mery Santana • HomeSmart First Advantage Realty

•856-887-3000 (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #NJSA141832

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 08079, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's 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 1 HR AGO
$130,000
6 beds2 baths1,968 sq ft
134-136 Thompson St, Salem, NJ 08079
(215) 627-3500
NEW 32 HRS AGO
$279,500
5 beds2 baths1,533 sq ft
188 Crossland Ave, Salem, NJ 08079
(856) 343-6000
OPEN SAT, 1PM TO 3PM
$550,000
3 beds2 baths2,300 sq ft
280 Maskells Mill Rd, Salem, NJ 08079
(856) 343-6000
$400,000
3 beds2 baths1,620 sq ft
222 Route 45, Salem, NJ 08079
(856) 769-4500
$129,900
3 beds1 bath1,646 sq ft
37 Olive St, Salem, NJ 08079
(866) 201-6210
$195,000
2 beds— baths2,400 sq ft
1-3 Hires Ave, Salem, NJ 08079
(856) 678-4663
$65,000
3 beds1 bath1,044 sq ft
24 Elm St, Salem, NJ 08079
(856) 210-3000
$130,000
6 beds2 baths2,363 sq ft
118-120 Hubbell Ave, Salem, NJ 08001
(856) 321-1212
See all

Provided by Redfin

Sale history for 86-88 Chestnut St

Public record

Beds

—

Baths

—

Stories

—

Lot width

90 ft.

Lot depth

54 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Salem County

APN

13-00079-00010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 10, 2024.

Property details

Parking

Parking Information
Driveway

Interior

Interior Information
Living Area Sq.Ft. Source: Assessor

Multi Unit Information
# of Three Bedroom Units: 2
# of Units Leased: 2

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $54,600
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
# of Levels (Total): 2
# of Units (Total): 2
Construction Materials: Frame
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached

Lot Information
Lot Size Dimensions: 90.00 x 54.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $8,200

Above Grade Information
Finished Sq.Ft.: 2,604
Finished Sq.Ft. Source: Assessor

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

Financial

Tax Information
Tax Assessed Value: $62,800
Tax Year: 2020
Tax Annual Amount: $4,439

Assessments Information
Year Assessed: 2020

Rental Information
Total Actual Rent: $21,000

Utilities

Utilities Information
Cable
100 Amp Service
Radiator
Heating Fuel: Oil
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
School District Name: SALEM CITY SCHOOLS
School District Source: Listing Agent

Location Information
Directions: From Rt 49 turn onto chestnut st, house on the left
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: 13-00079-00010

Home facts updated by county records on May 10, 2024

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

Climate risks

8/10 Flood Factor

Estimated 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

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New listings for sale in 08079

NEW 1 HR AGO

$130,000

6 beds2 baths1,968 sq ft

134-136 Thompson St, Salem, NJ 08079

(215) 627-3500

NEW 32 HRS AGO

$279,500

5 beds2 baths1,533 sq ft

188 Crossland Ave, Salem, NJ 08079

(856) 343-6000

OPEN SAT, 1PM TO 3PM

$550,000

3 beds2 baths2,300 sq ft

280 Maskells Mill Rd, Salem, NJ 08079

(856) 343-6000

$400,000

3 beds2 baths1,620 sq ft

222 Route 45, Salem, NJ 08079

(856) 769-4500

$129,900

3 beds1 bath1,646 sq ft

37 Olive St, Salem, NJ 08079

(866) 201-6210

$195,000

2 beds— baths2,400 sq ft

1-3 Hires Ave, Salem, NJ 08079

(856) 678-4663

$65,000

3 beds1 bath1,044 sq ft

24 Elm St, Salem, NJ 08079

(856) 210-3000

$130,000

6 beds2 baths2,363 sq ft

118-120 Hubbell Ave, Salem, NJ 08001

(856) 321-1212

Home values near 86-88 Chestnut St

Data from public records.

Address	Redfin Estimate
79 Chestnut St, Salem, NJ 3 Beds \| 1.5 Baths \| 1496 Sq. Ft.	$122,788
85 Chestnut St, Salem, NJ 3 Beds \| - Baths \| 1152 Sq. Ft.	$136,973

Address	Redfin Estimate
89 Chestnut St, Salem, NJ 3 Beds \| 1 Baths \| 1214 Sq. Ft.	$82,604
83 Chestnut St, Salem, NJ 6 Beds \| 2.5 Baths \| 2740 Sq. Ft.	—

Address	Redfin Estimate
87 Chestnut St, Salem, NJ - Beds \| - Baths \| 1214 Sq. Ft.	$121,372
91 Chestnut St, Salem, NJ 2 Beds \| 1 Baths \| 1214 Sq. Ft.	$113,552

Property information provided by BRIGHT MLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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