78 Walnut St, Salem, NJ 08079
FOR SALE

78 Walnut St
Salem, NJ 08079

  • 5 Beds
  • 2 Baths
  • 2,473 sqft

$220,000

Est. Mortgage $1,651/mo*

$220,000

Est. Mortgage $1,651/mo*
5 Beds
2 Baths
2,473 sqft

Local Information

  • Map ViewExplore the area around 78 Walnut St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 12

Property Information

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

Price & Status

Price
List Price: $220,000Price Per Sqft: $89
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

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

Agent Information

Listing Agent
Listing ID: NJSA2019252

Building

Building Area
Building Area: 2473 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 4791.6 sqft

Listing Info

Special Conditions: Standard

Offer

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

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: NJSA2019252Municipality: SALEM CITYAbove Grade Unfinished Area: 2473

Additional Information

Source Internet Entire Listing Display: Y
Last check for updates: about 16 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
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
64
5
MoM

Price History for 78 Walnut St

DatePriceEventSource
06/12/2026$220,000Listed For SaleBright MLS #NJSA2019252
06/04/2026$215,000ListingRemovedBright MLS #NJSA2019040
05/05/2026$215,000PriceChange
Bright MLS #NJSA2018236
03/21/2026$220,000Listed For SaleBright MLS #NJSA2018236
09/18/2020$46,500Sold
N/A
07/02/2020$49,900Listed For SaleAgent Provided
04/16/2015$49,000ListingRemovedAgent Provided
01/15/2015$49,000PriceChange
Agent Provided
08/07/2014$59,000PriceChange
Agent Provided
06/25/2014$69,000Listed For SaleAgent Provided
06/26/2007$73,000Sold
N/A

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Property Tax and Assessment

Year2025
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

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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.
  • Kayana Benson
    "My neighbors, are very friendly, they are some great helpful people but you have to be careful who you surround yourself and tell business too, overall salem is a small community in everybody just trying to do the same thing in that’s living day by day."
  • Peggy Brown
    "I don’t know of any events that were held that would make me say that my neighborhood special st all."
  • Famgoon Chop
    "The town is horrible no shopping store nothing ! In it’s also very dangerous . In a bad environment to raise kids "
  • 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."
  • 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."
  • 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"
  • Jefferson B.
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
  • 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! "
  • 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. "
  • Kiersten H.
    "My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
  • Waynelipk0
    "Quaint little "shore" feeling town. No businesses so you have to drive to get anything. neighbors are all friendly. "
  • 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"
  • Puniboy
    "i live along the main highway where there are no sidewalks. getting anywhere requires driving. people tend to use the shoulder of the road to pass vehicles turning in the opposite direction"
  • 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."
  • Puniboy
    "Quinton Township School is great! The few restaurants we do have are awesome! The community is very welcoming and very hospitable. "
  • Patrick M.
    "There is no public transportation. There is only one stoplight in town. There is little traffic. I do not know what else they want me to say about the non-existent traffic in this small town."
  • Adeadfaith
    "Country living. Everything is very spread out. Neighbors are friendly. Biggest flaw is there is no grocery store. Safe neighborhood tho. "
  • Nicolereiter7
    "My neighborhood is quiet and private. There a few small country stores near by for the essentials and just enough local eateries to keep it interesting. We are just far enough from the bridges to be convenient."
  • Nicolereiter7
    "I have not lived in Mannington Township however love the area. It is great mix of open land and little neighborhoods. "
  • 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... "
  • spacepotato44
    "In 15 months I will live here and it is good. It has been 6 seconds and I still like this place :)))"

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. 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 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.