Description
3-unit, Turnkey investment opportunity in Salem City. Two separate buildings eliminate the necessity of registering the property with the state for more than 3 units on one building. Main home has 2- 2-bedroom units on separate floors. The third unit is on the second floor over top of a garage which could be used as additional income or for landlord storage. Currently the 2 main home units are occupied...Back on the market due to contracted buyers' inability to complete the purchase in a timely manner.
3-unit, Turnkey investment opportunity in Salem City. Two separate buildings eliminate the necessity of registering the property with the state for more than 3 units on one building. Main home has 2- 2-bedroom units on separate floors. The third unit is on the second floor over top of a garage which could be used as additional income or for landlord storage. Currently the 2 main home units are occupied with long term tenants, the separate 3rd unit is unoccupied and ready to be rented.
- Listed by Neal C Sheppard • Warner Real Estate & Auction CompanyP: (856)-769-4111 neal@warnerrealtors.com
Property Details for 56 Walnut Street
Property Details for 56 Walnut Street
| Status | Closed |
|---|---|
| MLS # | NJSA2001948 |
| Days on Market | 80 |
| Taxes | $5,233 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1930 |
| Lot Size | 0.17 AC / 7,200 SF |
| County | Salem County |
Location
Sold By Weichert Realtors - Moorestown
Building Information for 56 Walnut Street
Payment Calculator
$1,045 per month
30 year fixed, 6.15% Interest
$609
$436
$0
Property Information for 56 Walnut Street
- School District Name: SALEM COUNTY PUBLIC SCHOOLS
- School District County ID: 300204230017
- SchoolDistrictSource: Listing Agent
- County: SALEM
- MLS Area: Salem City (21713)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2021
- Tax Assessed Value: $72,100
- Year Assessed: 2021
- County Tax: $0
- Improvement Assessed Value: $63,100
- City Town Tax: $0
- Land Assessed Value: $9,000
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: R-2
- Tax Lot: 00004
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Gas, Sewer, Taxes - Real Estate
- Concessions: No
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 3
- Three Bedroom Units Count: 0
- Units Leased Count: 3
- Number Of Units Vacant: 1
- Number Of Units Month To Month: 2
- Rent Control: No
- Building Units Total: 3
- Total Finished SQFT: 1,992.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,992.00
- Total SQFT: 1,992.00
- Total SQFT Source: Assessor
- Construction Materials: Frame
- Basement Type: Partial
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Assessor
- Lot Size Dimensions: 40.00 x 180.00
- Lot Dimensions Source: Assessor
- Parcel ID: 21907383
- Ground Rent Exists: No
- Type Of Parking: Alley, Driveway, On Street
- Fireplace: No
- Fireplaces Count: 0
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Radiant, Forced Air
- Heating Fuel: Natural Gas, Oil
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Gloucester Salem Counties Board of REALTORS
Property History for 56 Walnut Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 4, 2022 | Closed BRIGHT #NJSA2001948 | $125,000 | — |
| Apr 11, 2022 | Listed (Active) BRIGHT #NJSA2001948 | — | |
| Jan 31, 2022 | Pending BRIGHT #NJSA2001948 | — | |
| Dec 14, 2021 | Listed (Active) BRIGHT #NJSA2001948 | $140,000 | — |
| Dec 1, 2004 | Closed (Public Record) Public Record #149833600 | $24,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/04/2022 | Closed BRIGHT #NJSA2001948 | $125,000 |
| 04/11/2022 | Listed (Active) BRIGHT #NJSA2001948 | — |
| 01/31/2022 | Pending BRIGHT #NJSA2001948 | — |
| 12/14/2021 | Listed (Active) BRIGHT #NJSA2001948 | $140,000 |
| 12/01/2004 | Closed (Public Record) Public Record #149833600 | $24,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 56 Walnut Street
Schools near 56 Walnut Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Fenwick Elementary School PublicPK to 2 | ||
Salem Middle School Public3 to 8 | ||
Salem High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Warner Real Estate & Auction Company
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.