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MLS: #NJGL2074554, Listed By: Michael DePalma, DePalma Realty, Source:Bright MLS

6 Salem Avenue

NEWFIELD, NJ 08344
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Bed 4

Bed

Bath 0

Bath

SqFt1,440

Sqft

Acres0.19

Acre(Lot)

TURNKEY CASHFLOWING DUPLEX in NEWFIELD! This well-kept Buena Regional School District duplex has 2 bedrooms, 1 bathroom downstairs and 2 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,956.00 per month, which comes to $35,472.00 annually, making this a very strong investment with great rental history. The tenants both also pay $25 per month each in additional rent (not included in the rent roll) to cover the water bill. The tenants both keep their units clean and tidy, and one unit is on an annual lease that runs through the end of the calendar year, while the other is month-to-month. Both units have their own electric and gas meters for easy utility management. The landlord is responsible for trash, taxes, and building insurance only, further increasing returns on a perce ntage and real dollar basis. Moreover, the property also includes a detached garage that can be rented separately for even more income. If you've been looking for a strong and stable multi-family property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!

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Detail Ic Property Details

Property Type : Residential Income

Price : $315,000

AD Id : 84781405

MLS Id : NJGL2074554

Beds : 4

Lot Size : 0.19 Acre

Living Area Size : 1,440

Year Built : 1904

Garage : 2

County : GLOUCESTER

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1904 Building Area Total: 1440 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 43.00 x 0.00 Lot Size Acres: 0.19 Lot Size Source: Assessor Lot Size Square Feet: 8276

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Income Postal Code Plus 4: 9008 Property SubType: Duplex Property Age: 122

  • Listing Price Information

    Listing Price: $315000

  • Tax Information

    Parcel Number: 13-00101-00006 Tax Lot: 00006 Tax Year: 2025 Annual Tax: $5154

  • Parking Information

    Parking Total: 2 Garage, Driveway, Detached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: DELSEA REGIONAL H.S.
  • Location Information

    Direction: GPS. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
206 N West Boulevard, Newfield, NJ, 08344 $349,000 6 -- 2,964 2,964 SqFt
244 Route 40, Newfield, NJ, 08344 $695,000 5 -- 2,234 2,234 SqFt

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ByOwner last updated this listing 06/17/2026 @ 20:17

MLS: NJGL2074554 LISTED BY: Michael DePalma, DePalma Realty 856-825-5500 SOURCE: Bright MLS

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