Active

MLS: #NJSA2019252, Listed By: Wendy Sparks, EXP Realty, LLC, Source:Bright MLS

78 Walnut Street

SALEM, NJ 08079

$220,000 $927/Mo

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Overview

Bed

Bath

2,473

Sqft

0.11

Acre(Lot)

Description

78 Walnut Street, Salem, NJ offers exceptional flexibility and value with plenty of room to grow. This spacious home features 5 bedrooms and 2 full bathrooms, making it an excellent opportunity for a growing household, multigenerational living arrangement, or savvy investor seeking rental potential. The property can be enjoyed as a traditional single-family residence or utilized as a two-unit setup, thanks to the separate stairwell providing direct access to the second floor. Whether you're searching for extra living space or an income-producing opportunity, this home provides options to fit your needs. Additional features include a walk-up attic and full basement offering abundant storage space, a newer roof, and leased solar panels to help offset utility costs. The first floor is heate d by propane forced air, while the second floor is equipped with electric baseboard heat, allowing for independent comfort throughout the home. Alternatively, the property can be enjoyed as a spacious single-family residence offering up to 5 bedrooms and 2 full bathrooms, ideal for those in need of extra space. As a single-family rental, estimated market rents may range from $1,900 to $2,200 per month, subject to condition and amenities. Conveniently located in the heart of Salem City, this property is close to local shops, dining, parks, and major commuting routes. Whether you're an investor looking to expand your portfolio or a homeowner in need of more space, 78 Walnut Street is a property full of possibilities. Salem City students may also benefit from opportunities offered through the Forman S. Acton Educational Foundation, which provides scholarships, educational programming, and college support for eligible Salem City students. Don't miss your chance to explore all that this versatile Salem City property has to offer! Schedule your private tour today.

Property Details

Property Type : Residential

Price : $220,000

AD Id : 84775678

MLS Id : NJSA2019252

Beds : 5

Lot Size : 0.11 Acre

Living Area Size : 2,473

Year Built : 1910

County : SALEM

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Partial, Unfinished
Flooring Information

Carpet, Wood, Vinyl
Roofing Information

Shingle
Interior Features

Ceiling Fan(s) Roof: Shingle Appliances: Cooktop, Electric Water Heater, Refrigerator, Range Hood
Heating & Cooling

Has Heating: Yes Heating: Propane, Forced Air, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), None

Building Information

Year Built: 1910 Building Area Total: 2473 Construction Materials: Aluminum Siding Pool Features: None Private Pool: No
Exterior Features

Exterior Features: Lighting

Lot Information

Lot Dimensions: 45.00 x 111.00 Lot Size Acres: 0.11 Lot Size Source: Estimated Lot Size Square Feet: 4791.6 Lot Description: Corner Lot

Property Information

Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 1747 Zoning Description: Residential Property SubType: Single Family Residence Levels: Two Property Age: 116

Listing Price Information

Listing Price: $220000

Tax Information

Parcel Number: 13-00086-00004 Tax Lot: 00004 Tax Year: 2025 Annual Tax: $5194

Parking Information

On Street

Garage Information

Pets Allowed: No

Utility Information

Cable Available
Location Information

Direction: From RT 49 Salem, turn onto Walnut St. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
280 Qtn Marlboro Road, Salem, NJ, 08079	$575,000	5	2	2,008	2,008 SqFt
606 Quinton Marlboro Road, Salem, NJ, 08079	$265,000	3	2	1,657	1,657 SqFt
221 Quinton Marlboro Road, Salem, NJ, 08079	$120,000	3	1	1,158	1,158 SqFt
894 Main St Canton Street, Salem, NJ, 08079	$405,000	4	1	2,074	2,074 SqFt
28 New Street, Salem, NJ, 08079	$319,000	4	2	1,600	1,600 SqFt
2 New Bridge Road #D10, Salem, NJ, 08079	$80,000	2	2	840	840 SqFt
363 Grant Street, Salem, NJ, 08079	$230,000	3	3	1,424	1,424 SqFt
39 Yorke Street, Salem, NJ, 08079	$220,000	3	2	2,402	2,402 SqFt
41 Yorke Street, Salem, NJ, 08079	$97,500	3	2	1,684	1,684 SqFt
90 Yorke Street, Salem, NJ, 08079	$250,000	3	1	1,308	1,308 SqFt

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ByOwner last updated this listing 06/14/2026 @ 09:36

MLS: NJSA2019252 LISTED BY: Wendy Sparks, EXP Realty, LLC 866-201-6210 SOURCE: Bright MLS