159-161 Grant Street, Salem, NJ 08079

USD 140,000
For Sale MLS: NJSA2018900

Property Details

Description

Attention investors, builders, and value-add buyers - opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers multiple paths for upside. The home features spacious layouts, a full basement for storage or additional utility space, and a large footprint with room to bring your vision to life. Septic improvements are currently underway, creating additional long-term value for the next owner. Conveniently located near downtown Salem, major commuting routes, shopping, and public transportation. Ideal for investors seeking their next project or buyers looking to capitalize on a growing value-add opportunity. Property being sold strictly as-is. Buyer responsible for all inspections, certifications, and due diligence.

PROPERTY DETAILS: Square Feet: 1644

INTERIOR FEATURES: • Square Footage (approx): 1,644 Sq. Ft. Above Ground, Sq. Ft. Below Ground • Cooling: None • Heating: Gas Heat, Forced Air • Plumbing: Electric Water Heater • Basement: Full

EXTERIOR FEATURES: • Parking: Parking Lot. • Exterior: Vinyl • Pool Description: None • Lot Dimensions: 25.00 x 160.00 • Zoning: RESID

LISTING AGENT: Agent: Allegra Lyndell | Office: Society | Phone: 8563439479 | Email: [email protected]

LISTING INFORMATION: MLS#: NJSA2018900 | Status: FOR SALE

Location

Address

159-161 Grant Street

City

Salem

Features and Finishes

Interior Features:

• Square Footage

(approx): 1,644 Sq. Ft. Above Ground, Sq. Ft. Below Ground

• Cooling: None

• Heating: Gas Heat, Forced Air

• Plumbing: Electric Water Heater

• Basement: Full

Exterior Features:

• Parking: Parking Lot.

• Exterior: Vinyl

• Pool Description: None

• Lot Dimensions: 25.00 x 160.00

• Zoning: RESID

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