Sold for $140,000

$140,000

162 7th St, Salem, NJ 08079

5beds

2baths

2,061sqft

Duplex

Built in 1906

-- sqft lot

$143,600 Zestimate^®

$68/sqft

$1,947 Estimated rent

Home value

$143,600

$90,000 - $228,000

$1,947/mo

Zestimate^® history

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Owner options

List your home for rent

$1,947/mo

Rent Zestimate^®

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$1,947/mo

Rent Zestimate^®

Refinance and save

$896/mo

Est. payment

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$896/mo

Est. payment

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What's special

Discover an excellent investment opportunity in Salem, NJ! This duplex offers a perfect balance of immediate income and future potential. The lower unit consists of a well-maintained 2-bedroom, 1-bathroom apartment with reliable tenants already in place, while the upper level features a roomy 3-bedroom, 1-bathroom unit. With more than 2,000 sq ft of space, this property is a great for various investment strategies.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Basement

Area: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Cooktop, Refrigerator, Electric Water Heater

Features

Basement: Partial
Has fireplace: No

Interior area

Total structure area: 2,061
Total interior livable area: 2,061 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 4,373 sqft
Dimensions: 25.00 x 175.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130002800035
Zoning: RESID
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Duplex

Materials

Aluminum Siding
Foundation: Other

Condition

New construction: No
Year built: 1906

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Salem
Subdivision: None Available
Municipality: SALEM CITY

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: FHA,Conventional,VA Loan,Cash
Ownership: Fee Simple

Price history

Date	Event	Price
12/31/2025	Sold	$140,000-6.7%$68/sqft
Source: Bright MLS #NJSA2014210 Report a problem
6/3/2025	Pending sale	$150,000$73/sqft
Source: Bright MLS #NJSA2014210 Report a problem
5/7/2025	Listed for sale	$150,000$73/sqft
Source: Bright MLS #NJSA2014210 Report a problem
4/27/2025	Pending sale	$150,000$73/sqft
Source: Bright MLS #NJSA2014210 Report a problem
3/19/2025	Listed for sale	$150,000+30.4%$73/sqft
Source: Bright MLS #NJSA2014210 Report a problem