78 Walnut St, Salem, NJ 08079
Property image
Property image
FOR SALE

78 Walnut St
Salem, NJ 08079

  • 5 Beds
  • 2 Baths
  • 2,473 sqft

$177,000

Original price: $195,000
Est. Mortgage $1,364/mo*
Get Pre-Qualified

$177,000

Original price: $195,000
Est. Mortgage $1,364/mo*
Get Pre-Qualified
5 Beds
2 Baths
2,473 sqft

Home Highlights

Price/Sqft
$72
Listed
38 days ago
Climate Control
Heating only

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

About this House

Welcome to 78 Walnut Street, Salem, NJ, a spacious and versatile property offering exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. If you’re searching for a home with space, interchangeable layout, and opportunity…this property is worth exploring. The home can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. Investors will appreciate the property’s floor plan and rental potential, with estimated combined rental income potential of approximately $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today and discover all that 78 Walnut Street has to offer!
Last check for updates: about 4 hours ago
Listing courtesy of JASMINE BRADLEY, (914) 648-2418
Hi-Level Real Estate LLC
Source: Bright MLS, MLS#NJSA2019582
Also Listed on Bright MLS.

Home Details for 78 Walnut St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2473 Square Feet
Appliances & Utilities
Appliances: Instant Hot Water
Heating & Cooling
Heating: OtherNo CoolingAir Conditioning: NoneHas Heating
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: PermanentNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Off 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: 38

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Colonial
Building
Construction Materials: FrameNot a New Construction
Property Information
Not Included in Sale: Seller’s Personal Items , Microwave And Window Air Conditioning UnitsIncluded in Sale: Stove, Refrigerator, Hvac And Solar PanelsParcel Number: 130008600004

Price & Status

Price
List Price: $177,000Price Per Sqft: $72
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: NJSA2019582

Building

Building Area
Building Area: 2473 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 4996 sqft

Listing Info

Special Conditions: Standard

Offer

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

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: NJSA2019582Municipality: SALEM CITYAbove Grade Unfinished Area: 2473

Additional Information

Source Internet Automated Valuation Display: YSource Internet Consumer Comment: YSource Internet Entire Listing Display: YSource Internet Address Display: Y

Around this home

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."
    1
    Flag
  • Peggy Brown
    "I don’t know of any events that were held that would make me say that my neighborhood special st all."
    0
    Flag
  • Famgoon Chop
    "The town is horrible no shopping store nothing ! In it’s also very dangerous . In a bad environment to raise kids "
    0
    Flag
  • 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."
    13
    Flag
  • 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."
    5
    Flag
  • 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"
    10
    Flag
  • Jefferson B.
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
    26
    Flag
  • 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! "
    10
    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
    Flag
  • Waynelipk0
    "Quaint little "shore" feeling town. No businesses so you have to drive to get anything. neighbors are all friendly. "
    0
    Flag
  • 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"
    2
    Flag
  • 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"
    0
    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
    Flag
  • Puniboy
    "Quinton Township School is great! The few restaurants we do have are awesome! The community is very welcoming and very hospitable. "
    0
    Flag
  • 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."
    0
    Flag
  • Adeadfaith
    "Country living. Everything is very spread out. Neighbors are friendly. Biggest flaw is there is no grocery store. Safe neighborhood tho. "
    0
    Flag
  • 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."
    0
    Flag
  • Nicolereiter7
    "I have not lived in Mannington Township however love the area. It is great mix of open land and little neighborhoods. "
    0
    Flag
  • 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
    Flag
  • spacepotato44
    "In 15 months I will live here and it is good. It has been 6 seconds and I still like this place :)))"
    0
    Flag

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
65

Home Value

Trulia Estimate
$176K
Since last month
Decreased$37K (-17.5%)
Since last year
Decreased$12K (-6.6%)
Since last sale
Increased$127K (+272%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +206% in the last 10 years
MonthEstimated value
2026
August 2026$173K
July 2026$210K
June 2026$220K
May 2026$218K
April 2026$218K
March 2026$221K
February 2026$170K
January 2026$173K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
35 Walnut St, Salem, NJ
0.16
Single-Family Home
$180,000
09/19/25
4
1.5
2,278
6 Walnut St, Salem, NJ
0.25
Single-Family Home
$70,000
05/06/26
4
2
1,764
39 Chestnut St, Salem, NJ
0.27
Single-Family Home
$89,000
08/25/25
3
1.5
1,952
272 E Broadway, Salem, NJ
0.29
Single-Family Home
$65,000
05/15/26
3
2
1,500
6 Olive St, Salem, NJ
0.24
Single-Family Home
$150,000
05/30/26
3
2
1,760
369 E Broadway, Salem, NJ
0.34
Single-Family Home
$64,000
07/23/26
3
1.5
1,726
324 Allen Ave, Salem, NJ
0.36
Single-Family Home
$90,000
08/21/26
3
1.5
1,456
146 7th St, Salem, NJ
0.46
Single-Family Home
$50,000
01/29/26
5
2
1,688

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
79 Walnut St, Salem, NJ 08079
0.04
$79,900
3
1
1,316
For Sale
77 Walnut St, Salem, NJ 08079
0.04
$139,300
3
1
1,316
Off Market
200 Smith St, Salem, NJ 08079
0.03
$153,300
3
1.5
1,212
Off Market
71 Walnut St, Salem, NJ 08079
0.06
$235,000
4
1.5
1,899
Off Market
69 Walnut St, Salem, NJ 08079
0.06
$264,900
3
1.5
1,942
Off Market
67 Walnut St, Salem, NJ 08079
0.07
$100,000
3
1.5
1,738
For Sale
60 Walnut St, Salem, NJ 08079
0.08
$175,000
6
-
2,476
For Sale
215 Sinnickson St, Salem, NJ 08079
0.07
$143,500
3
2
1,362
Off Market
304 New Market St, Salem, NJ 08079
0.10
$186,000
3
1
1,310
Recently Sold
35 Eakin St, Salem, NJ 08079
0.08
$39,900
3
1
1,649
Foreclosure
333 New Market St, Salem, NJ 08079
0.11
$251,100
4
1.5
2,015
Off Market

Price and Tax history

DateEventPrice
Aug 21, 2026
Source: Bright MLS #NJSA2019582
PriceChange
$177,000
Price decreased by 9%
Aug 14, 2026
Source: Bright MLS #NJSA2019582
PriceChange
$195,000
Price decreased by 5%
Jul 30, 2026
Source: Bright MLS #NJSA2019582
PriceChange
$205,000
Price decreased by 2%
Jul 17, 2026
Source: Bright MLS #NJSA2019582
Listed For Sale
$209,999
Jul 10, 2026
Source: eXp Realty #NJSA2019254
ListingRemoved
$220,000

LGBTQ Local Legal Protections

JASMINE BRADLEY, Hi-Level Real Estate LLC
Agent Phone: (914) 648-2418
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

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Frequently asked questions about 78 Walnut St

  • What is the estimated monthly payment for 78 Walnut St?
    Based on a $177,000 list price with 20% down at today's rates, the estimated monthly payment for 78 Walnut St in Salem, NJ is approximately $1,386 (about $926 principal & interest, $385 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Salem?
    Residents describe Salem, NJ as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in Salem, NJ.
  • What are the closest schools to 78 Walnut St?
    The closest schools to 78 Walnut St in Salem, NJ are John Fenwick Elementary School (Pre-K), Salem High School (rated 5/10), Salem Middle School (Elementary, rated 3/10).
  • What is 78 Walnut St estimated to be worth?
    Trulia's estimated value for 78 Walnut St in Salem, NJ is $175,700.
  • How big is the lot at 78 Walnut St?
    The lot at 78 Walnut St in Salem, NJ is about 0.11 acres (4,996 sq ft).
  • Does 78 Walnut St have parking?
    Yes, 78 Walnut St in Salem, NJ has on-site parking.
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 Jul 17, 2026. The MLS # for this home is MLS# NJSA2019582.