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Sold for $165,000
  • $165,000

    60 Walnut St, Salem, NJ 08079

    6beds
    --baths
    2,476sqft
    Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $1,666 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,666/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allegra Lyndell 856-343-9479,

    Society,

    Listing Team: The Society Team

    Bought with:

    Kenneth LePosa, 2220081

    Coldwell Banker Realty

    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: $67/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

    Price history

    DateEventPrice
    9/11/2026Sold$165,000-5.7%$67/sqft
    Source: Bright MLS #NJSA2018904 Report a problem
    8/26/2026Pending sale$175,000$71/sqft
    Source: Bright MLS #NJSA2018904 Report a problem
    8/11/2026Price change$175,000-2.8%$71/sqft
    Source: Bright MLS #NJSA2018904 Report a problem
    7/28/2026Price change$180,000-2.7%$73/sqft
    Source: Bright MLS #NJSA2018904 Report a problem
    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.

    Neighborhood: 08079

    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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