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Image 1 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 2 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 3 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 4 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 5 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 6 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 7 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Image 8 - 162 7th St, Salem, New Jersey, 08079 - House for sale
Home For Sale In Salem, New Jersey
162 7th St, Salem, New Jersey, 08079

Home For Sale In Salem, New Jersey

house for sale
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Listed: 05/07/24

162 7th St, Salem, New Jersey, 08079

5 Bed:
2,061 Sq Ft Living Area:
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Price
$ 149,000

About This House

Welcome to a great investment opportunity in Salem, NJ! This duplex epitomizes the perfect fusion of potential and immediate returns. The lower level features a stable 2-bedroom, 1-bathroom apartment already occupied by reliable tenants, while the upper level unveils a spacious 3-bedroom, 1-bathroom unit awaiting your vision. With over 2000 sq ft of versatile space, this property is primed to cater to a multitude of investment strategies. This is an as-is sale as the property needs some rehabbing.

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Salem Housing & Living

Household Income

Median household income: $25,171
Number of households: 2,033
The average household income in Salem, NJ declined from $26,419 to $25,171 in the past year. This data is an estimate based upon 2,033 households in Salem, NJ.
The chart below presents how household income is distributed in Salem, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Salem, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Salem, NJ equals $3k+ , which is more than the national average.