42 Walnut St, Salem, NJ 08079
FOR SALE

42 Walnut St
Salem, NJ 08079

Local Information

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Description

Calling all INVESTORS!!! $1200 of rental income. Being sold "AS IS". This is a 3 story victorian with wonderful potential, over 2900 sq ft of living space. Currently is tenant occupied, tenant is section 8 and is up for renewal and does plan on staying. Tenant pays all utilities. Great cash flow as tenant pays on time. Seller is motivated looking for all reasonable offers only. Don't let this on pass you by! Make your appointment today!

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$31
Listed
71 days ago

Home Details for 42 Walnut St

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 1
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: 2596 Square Feet
Appliances & Utilities
Appliances: Oil Water Heater
Heating & Cooling
Heating: Radiant,OilNo CoolingAir Conditioning: NoneHas Heating
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: Wood
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: No Sewer System
Finished Area
Finished Area (above surface): 2596 Square Feet

Days on Market

Days on Market: 71

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Victorian
Building
Construction Materials: FrameNot a New Construction
Property Information
Parcel Number: 130006400009

Price & Status

Price
Price Per Sqft: $31
Status Change & Dates
Possession Timing: 31-60 Days CD

Active Status

MLS Status: ACTIVE

Location

Direction & Address
Community: 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
MLS/Source ID: NJSA2001554

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 6098.4 Square Feet

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To Sell

Tax Information

Annual Tax Amount: $3,578Tax Lot: 00009

Compensation

Buyer Agent Commission: 2.5Buyer Agent Commission Type: % Of Gross

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMunicipality: SALEM CITY
Last check for updates: 1 day ago
Listing courtesy of Peter I Abdallah
Vantage Residential, LLC
Co-Listing Agent: Jonathon Glover
Vantage Residential, LLC
Source: Bright MLS, MLS#NJSA2001554

Price History for 42 Walnut St

Event DetailsPrice
11/09/2021
PendingToActive
Bright MLS #NJSA2001554
$79.9K

09/02/2021
Pending
Bright MLS #NJSA141004
$79.9K

06/23/2021
PriceChange
Bright MLS #NJSA141004
$79.9K

05/28/2021
PriceChange
Bright MLS #NJSA141004
$84.9K

04/26/2021
PriceChange
Bright MLS #NJSA141004
$86K

04/07/2021
PriceChange
Bright MLS #NJSA141004
$89.9K

02/23/2021
Listed For Sale
Bright MLS #NJSA141004
$98.33K

02/11/2014
Sold
Public Records
$16K

01/31/2014
ListingRemoved
Agent Provided
$29K

11/21/2013
PriceChange
Agent Provided
$29K

10/03/2013
PriceChange
Agent Provided
$16K

05/20/2013
Listed For Sale
Agent Provided
$29K

10/01/2012
ListingRemoved
Agent Provided
$49.9K

04/16/2012
Listed For Sale
Agent Provided
$49.9K

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Property Taxes and Assessment

Year2020
Tax$3,485
Assessment$49,300
Home facts updated by county records

Price Trends

For homes in 08079
$150,478
Typical home value
This home: $79,900 88% below
$123
Typical Home Value by sqft
This home: $31 300% below
Price trends provided by third party data sources.

What Locals Say about Salem

  • Trulia User
    "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."
    2
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  • Trulia User
    "There are buses my city is small so it's not far to walk to a bus that comes each way every 25 30min."
    1
    Flag
  • Trulia User
    "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"
    2
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  • Trulia User
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
    17
    Flag
  • Trulia User
    "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! "
    1
    Flag
  • Trulia User
    "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. "
    3
    Flag
  • Trulia User
    "My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
    3
    Flag
  • Trulia User
    "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
  • Trulia User
    "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."
    4
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  • Trulia User
    "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... "
    11
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LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
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 2022 Bright MLS, Inc. Click here for more information
42 Walnut St, Salem, NJ 08079 is a 5 bedroom, 2 bathroom, 2,596 sqft single-family home built in 1890. This property is currently available for sale and was listed by Bright MLS on Nov 9, 2021. The MLS # for this home is MLS# NJSA2001554.