78 Walnut St
Salem, NJ 08079
- 5 Beds
- 2 Baths
- 2,473 sqft
5 Beds
2 Baths
2,473 sqft
Local Information
-- mins to
Description
78 Walnut Street, Salem, NJ offers exceptional flexibility and value with plenty of room to grow. This spacious home features 5 bedrooms and 2 full bathrooms, making it an excellent opportunity for a growing household, multigenerational living arrangement, or savvy investor seeking rental potential. The property can be enjoyed as a traditional single-family residence or utilized as a two-unit setup, thanks to the separate stairwell providing direct access to the second floor. Whether you're searching for extra living space or an income-producing opportunity, this home provides options to fit your needs. Additional features include a walk-up attic and full basement offering abundant storage space, a newer roof, and leased solar panels to help offset utility costs. The first floor is heated by propane forced air, while the second floor is equipped with electric baseboard heat, allowing for independent comfort throughout the home. Alternatively, the property can be enjoyed as a spacious single-family residence offering up to 5 bedrooms and 2 full bathrooms, ideal for those in need of extra space. As a single-family rental, estimated market rents may range from $1,900 to $2,200 per month, subject to condition and amenities. Conveniently located in the heart of Salem City, this property is close to local shops, dining, parks, and major commuting routes. Whether you're an investor looking to expand your portfolio or a homeowner in need of more space, 78 Walnut Street is a property full of possibilities. Salem City students may also benefit from opportunities offered through the Forman S. Acton Educational Foundation, which provides scholarships, educational programming, and college support for eligible Salem City students. Don't miss your chance to explore all that this versatile Salem City property has to offer! Schedule your private tour today.
Home Highlights
Parking
Open Parking
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$89
Listed
12 days ago
Home Details for 78 Walnut St
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Interior Details Basement: Partial,UnfinishedNumber of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Attic, Basement, Dining Room, Kitchen, Living Room, Screened Porch |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2473 Square Feet |
Appliances & Utilities Utilities: Cable Connected, CableAppliances: Cooktop, Refrigerator, Range Hood, Electric Water HeaterRefrigerator |
Heating & Cooling Heating: Forced Air,Baseboard,PropaneNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Vinyl, Wood, Carpet |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: NoneFloors: Vinyl, Wood, Carpet |
View No View |
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Exterior Home Features Roof: ShinglePatio / Porch: Screened PorchFencing: Chain LinkOther Structures: Above Grade, Below GradeExterior: Sidewalks, Street Lights, LightingFoundation: Brick/MortarNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2473 Square Feet |
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Days on Market: 12 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Colonial |
Building Construction Materials: Aluminum SidingNot a New ConstructionNo Additional Parcels |
Property Information Not Included in Sale: Personal PropertyIncluded in Sale: Both Refrigerators And Stoves In As-is ConditionParcel Number: 130008600004 |
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Price List Price: $220,000Price Per Sqft: $89 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE |
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Direction & Address City: SALEMCommunity: None Available |
School Information Elementary School District: Salem City SchoolsJr High / Middle School District: Salem City SchoolsHigh School District: Salem City Schools |
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Listing Agent Listing ID: NJSA2019252 |
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Building Area Building Area: 2473 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 4791.6 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: NJSA2019252Municipality: SALEM CITYAbove Grade Unfinished Area: 2473 |
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Source Internet Entire Listing Display: Y |
Last check for updates: about 2 hours ago
Listing courtesy of Wendy Sparks, (609) 202-8856
EXP Realty, LLC
Listing Team: South Jersey Sparks Group
Source: Bright MLS, MLS#NJSA2019252

Market trends in Salem
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
64
5MoM
Price History for 78 Walnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/12/2026 | $220,000 | Listed For Sale | Bright MLS #NJSA2019252 |
| 06/04/2026 | $215,000 | ListingRemoved | Bright MLS #NJSA2019040 |
| 05/05/2026 | $215,000 | PriceChange | Bright MLS #NJSA2018236 |
| 03/21/2026 | $220,000 | Listed For Sale | Bright MLS #NJSA2018236 |
| 09/18/2020 | $46,500 | Sold | N/A |
| 07/02/2020 | $49,900 | Listed For Sale | Agent Provided |
| 04/16/2015 | $49,000 | ListingRemoved | Agent Provided |
| 01/15/2015 | $49,000 | PriceChange | Agent Provided |
| 08/07/2014 | $59,000 | PriceChange | Agent Provided |
| 06/25/2014 | $69,000 | Listed For Sale | Agent Provided |
| 06/26/2007 | $73,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,950 |
| Assessment | $60,200 |
Home facts updated by county records
Comparable Sales for 78 Walnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $180,000 | 09/19/25 | 4 | 1.5 | 2,278 | |
0.25 | Single-Family Home | $70,000 | 05/06/26 | 4 | 2 | 1,764 | |
0.38 | Single-Family Home | $67,000 | 03/27/26 | 4 | 2 | 1,929 | |
0.29 | Single-Family Home | $65,000 | 05/15/26 | 3 | 2 | 1,500 | |
0.03 | Single-Family Home | $140,000 | 08/20/25 | 3 | 1.5 | 1,212 | |
0.45 | Single-Family Home | $110,000 | 10/28/25 | 5 | 2 | 1,524 | |
0.46 | Single-Family Home | $50,000 | 01/29/26 | 3 | 2 | 1,688 | |
0.13 | Single-Family Home | $125,000 | 06/11/26 | 3 | 2 | 1,499 | |
0.16 | Single-Family Home | $105,000 | 01/23/26 | 3 | 1 | 1,795 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 78 Walnut St.
What Locals Say about Salem
At least 73 Trulia users voted on each feature.
83 % Say car is needed
78 % Say yards are well-kept
73 % Say there are sidewalks
71 % Say parking is easy
65 % Say it's dog friendly
65 % Say kids play outside
64 % Say there's holiday spirit
59 % Say neighbors are friendly
54 % Say there's wildlife
53 % Say it's walkable to restaurants
48 % Say it's quiet
41 % Say streets are well-lit
36 % Say there are community events
34 % Say people would walk alone at night
32 % Say they plan to stay for at least 5 years
18 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Wendy Sparks, EXP Realty, LLC
Agent Phone: (609) 202-8856

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.
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Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
78 Walnut St, Salem, NJ 08079 is a 5 bedroom, 2 bathroom, 2,473 sqft single-family home built in 1910. This property is currently available for sale and was listed by Bright MLS on Jun 12, 2026. The MLS # for this home is MLS# NJSA2019252.

