Cash-Cow opportunity in Salem City! New to the market is this 6-unit apartment building, consisting of FIVE2-bedroom units and ONE 1-bedroom units. RentRoll: 14A - $1,200/mo; Unit 14B - $925/mo; Unit 14C - $1,075/mo; Unit 16A - $1,275/mo; Unit 16B - $800/mo; Unit 16C - Vacant. Separate electric meters for the entire building, and each tenant pays their own electricity and electric heat. Inquire today to be notified of the upcoming planned group investor tour! Broker and Seller assume no responsibility and make no guarantees, warranties or representations, both expressed or implied, as to the availability or accuracy of the property information, room counts, dimensions or other information depicted or described herein. Buyer is responsible for completing their own due diligence and verifying all information necessary.
Sold for $321,000
Street View
$321,000
14 Chestnut St, Salem, NJ 08079
11beds
6baths
--sqft
Multi Family
Built in 1940
-- sqft lot
$346,300 Zestimate®
$--/sqft
$1,619 Estimated rent
Home value
$346,300
Estimated sales range
Not available
$1,619/mo
Zestimate® history
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$2,423/mo
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Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 01:15pm
Listed by:
Carlo Drogo SR. 856-692-4368,
EXP Realty, LLC,
Listing Team: The Expert Sales Team
Bought with:
Carlo Drogo SR.
EXP Realty, LLC
Source: Bright MLS,MLS#: NJSA2012614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 10,528 sqft
- Dimensions: 90.00 x 117.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1300057 0100027
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
- Municipality: SALEM CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $321,000-19.8% |
Source:  Bright MLS #NJSA2012614 Report a problem | ||
| 12/12/2024 | Pending sale | $400,000 |
Source: Bright MLS #NJSA2012614 Report a problem | ||
| 12/2/2024 | Price change | $400,000-15.8% |
Source: Bright MLS #NJSA2012614 Report a problem | ||
| 10/30/2024 | Price change | $475,000-13.6% |
Source: Bright MLS #NJSA2012614 Report a problem | ||
| 10/15/2024 | Listed for sale | $550,000 |
Source: Bright MLS #NJSA2012614 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08079
Nearby schools
GreatSchools rating
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.1 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 0.9 mi
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.3 mi
Schools provided by the listing agent
- District: Salem City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New Jersey
- Salem County
- Salem
- 08079
- 14 Chestnut St