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For sale
    • Price cut: $5K (7/15)
    $185,000

    60 Walnut St, Salem, NJ 08079

    6beds
    --baths
    2,476sqft
    : 
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    Duplex
    Built in 1920
    -- sqft lot
    $185,300 Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Quiet residential streetUpdated interiorsTwo spacious unitsGenerous living space
    Turnkey duplex opportunity in the heart of Salem with strong income-producing potential! 60–62 Walnut Street features two spacious units, each offering 3 bedrooms and 1 full bathroom, making this an ideal setup for investors or owner-occupants looking to offset living expenses with rental income. This well-maintained multi-family property offers updated interiors, generous living space, and layouts designed for comfortable everyday living. With renovations already completed, the property is positioned for immediate occupancy, steady cash flow, or long-term portfolio growth. Situated on a quiet residential street near schools, shopping, dining, and major commuting routes, this property combines convenience with investment upside. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this is a rare opportunity to secure a move-in-ready multi-family property with lasting potential.
    71 days
    |
    445
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Allegra Lyndell 856-343-9479,

    Society,

    Listing Team: The Society Team

    Source: Bright MLS,MLS#: NJSA2018904MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,476
      • Total interior livable area: 2,476 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 5,519 Square Feet
      • Dimensions: 40.00 x 138.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 130008400001
      • Zoning: DUPLEX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Aluminum Siding
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well Permit Applied For

      Community & HOA

      Location
      • Region: Salem
      • Municipality: SALEM CITY

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $48,600
      • Annual tax amount: $4,193
      • Date on market: 5/11/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Conventional,FHA,FHVA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        $185,300

        $176,000 - $195,000

        $1,645/mo

        Price history

        DateEventPrice
        7/15/2026Price change$185,000-2.6%$75/sqft
        Source: Bright MLS #NJSA2018904 Report a problem
        6/30/2026Listed for sale$190,000$77/sqft
        Source: Bright MLS #NJSA2018904 Report a problem
        6/9/2026Pending sale$190,000$77/sqft
        Source: Bright MLS #NJSA2018904 Report a problem
        5/19/2026Price change$190,000-5%$77/sqft
        Source: Bright MLS #NJSA2018904 Report a problem
        5/11/2026Listed for sale$200,000+5.3%$81/sqft
        Source: Bright MLS #NJSA2018904 Report a problem
        1/30/2026Listing removed$190,000$77/sqft
        Source: Bright MLS #NJSA2014378 Report a problem
        12/17/2025Contingent$190,000$77/sqft
        Source: Bright MLS #NJSA2014378 Report a problem
        5/2/2025Pending sale$190,000$77/sqft
        Source: Bright MLS #NJSA2014378 Report a problem
        4/30/2025Contingent$190,000$77/sqft
        Source: Bright MLS #NJSA2014378 Report a problem
        4/9/2025Listed for sale$190,000+111.1%$77/sqft
        Source: Bright MLS #NJSA2014378 Report a problem
        4/27/2022Sold$90,000-18.2%$36/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        3/8/2022Pending sale$110,000$44/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        1/24/2022Listed for sale$110,000$44/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        1/21/2022Contingent$110,000$44/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        1/7/2022Price change$110,000-8.3%$44/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        12/22/2021Listed for sale$120,000$48/sqft
        Source: Bright MLS #NJSA2002066 Report a problem
        3/1/2021Listing removed--
        Source: Owner Report a problem
        7/25/2020Listing removed$1,150
        Source: Owner Report a problem
        7/17/2020Price change$1,150+15%
        Source: Owner Report a problem
        6/24/2020Listed for rent$1,000
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08079

        Getting around

        55 / 100
        Somewhat Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John Fenwick E.s.
        • Middle: Salem M.s.
        • High: Salem H.s.
        • District: Salem City Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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