129-135 Route 45, Salem, NJ 08079
FOR SALE0.81 ACRES

129-135 Route 45
Salem, NJ 08079

  • 8 Beds
  • 8 Beds

$350,000

Est. Mortgage $2,738/mo*

Local Information

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Description

Looking for a valuable addition to your real estate portfolio? Look no further! Discover this exceptional investment opportunity featuring four 2-bedroom bungalow single family units in rural Mannington Township. Positioned conveniently along State Route 45, this property offers great cash flow potential. Sold in "As Is" condition, this is your chance to invest in your future today. Don't miss out on this rare find – seize the opportunity now! 3 units have tenants and 1 unit is vacant. Possible house hack opportunity live in 1 unit and continue renting out the other units. Schedule your showing for the vacant unit today. Showings for occupied units will be permitted with valid offer and Proof of Funds.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
73 days ago

Home Details for 129-135 Route 45

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 8
Appliances & Utilities
Appliances: Electric Water Heater
Heating & Cooling
Heating: Forced Air,OilHas CoolingAir Conditioning: Wall Unit(s),ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Roof: Pitched ShingleOther Structures: Above Grade, Below GradeFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: On Site Septic

Days on Market

Days on Market: 73

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DetachedArchitecture: Bungalow
Building
Construction Materials: FrameNot a New Construction
Property Information
Not Included in Sale: Tenants Personal PropertyParcel Number: 060006300025

Price & Status

Price
List Price: $350,000
Status Change & Dates
Possession Timing: 0-30 Days CD

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Salem
School Information
Elementary School District: Mannington Township Public SchoolsJr High / Middle School District: Mannington Township Public SchoolsHigh School District: Mannington Township Public Schools

Agent Information

Listing Agent
Listing ID: NJSA2010024

Community

Number Of Vacant Units: 1

Lot Information

Lot Area: 0.81 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 3Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Rental

No Rent Control

Miscellaneous

Mls Number: NJSA2010024Municipality: MANNINGTON TWP
Last check for updates: about 12 hours ago
Listing courtesy of Alex Torres, (267) 453-7919
Real of Pennsylvania
Source: Bright MLS, MLS#NJSA2010024

Price History for 129-135 Route 45

DatePriceEventSource
04/25/2024$350,000PendingToActiveBright MLS #NJSA2010024
04/22/2024$350,000ContingentBright MLS #NJSA2010024
02/15/2024$350,000Listed For SaleBright MLS #NJSA2010024
08/09/2022$215,000Sold
Bright MLS #NJSA2004096
06/17/2022$230,000PendingBright MLS #NJSA2004096
05/19/2022$230,000Listed For SaleBright MLS #NJSA2004096
03/06/2019$228,000ListingRemovedAgent Provided
01/04/2019$228,000Listed For SaleAgent Provided
10/26/2018$239,000ListingRemovedAgent Provided
10/01/2018$239,000Listed For SaleAgent Provided
06/20/2018$260,000ListingRemovedAgent Provided
04/05/2018$260,000Listed For SaleAgent Provided
03/29/2007$255,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$5,661
Assessment$164,000
Home facts updated by county records

Comparable Sales for 129-135 Route 45

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.27
Multi-Family Home
$205,000
03/19/24
6
-
4,362
0.74
Multi-Family Home
$159,000
10/04/23
8
4
-
0.97
Multi-Family Home
$149,000
10/04/23
9
4
-
1.13
Multi-Family Home
$140,000
01/11/24
1
1
-
5.78
Multi-Family Home
$175,000
03/26/24
5
-
2,292

What Locals Say about Salem

  • Angelashockley56
    "None anymore it's a small town with a lot of violence crime.There's no grocery store you need a vehicle to go to the mall or any other department store."
    9
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  • Angelashockley56
    "There are buses my city is small so it's not far to walk to a bus that comes each way every 25 30min."
    4
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  • Kiersten H.
    "I know all the dogs in my area, when one gets out of the yard anyone who is available to help joins in. I’ve personally returned neighbors dogs that wandered in my yard to play with my dog. There are allot of sidewalks, most maintained, some not. There’s also allot of areas of nature walks to check out"
    9
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  • Jefferson B.
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
    22
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  • Kiersten H.
    "We have lived here for 3 years now. We love the neighbors, the city is getting rid of the bad seeds in town and allot of great people are coming in. So much history and new businesses are popping up, soul food, distilleries, little shops. Great place! "
    9
    Flag
  • Kiersten H.
    "On 8th street there is a strong sense of community, we all know each other and we are all interested in the rich history and development of the city. Low taxes and great neighbors, as a PhD student at Rutgers I feel welcome as a homeowner in the area. I highly recommend. "
    5
    Flag
  • Kiersten H.
    "My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
    5
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  • Orlando M.
    "People usually got the dogs in cages They do not pick up after the dogs they do not care after their dogs they have their dogs always locked up in cages"
    1
    Flag
  • shorty
    "Chestnut Terrace is similar to living in Elsinboro. Quiet, safe, and good neighbors. Great place for walks and bike rides with no traffic. Inexpensive taxes with a beautiful home! School choice is available."
    3
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  • Linda S.
    "It is a true shame what this area of town has become... I grew up in 266 Sinnickson St and the area was wonderful back in those days... If the area was cleaned up from crime, etc. than I would actually think about living there again... I do have many fond memories of this home... "
    12
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LGBTQ Local Legal Protections

Alex Torres, Real of Pennsylvania
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
129-135 Route 45, Salem, NJ 08079 is a 8 bedroom multi-family built in 1930. This property is currently available for sale and was listed by Bright MLS on Feb 11, 2024. The MLS # for this home is MLS# NJSA2010024.