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46-48 Market Street

SALEM, NJ 08079
  • $110,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • ID#: NJSA2003842
Under Contract
UPDATED: 223 min ago
$110,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,146
    SQFT
  • $27
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1860
County:

School Ratings & Info

School District:

Description

46-48 Market Street is a unique opportunity to own a large, historic, multi-family home within the Historic District of Salem, New Jersey. This property is currently a legal 3-family with two separate units on the 48 side, and 1 on the 46 side. A transition to a legal quad has been initiated and should simply be able to be completed by the next owner. Four separate electrical meters and all brand new gas lines are fully installed on-site. The entire property has been gutted and a large part of the renovation has been already completed. Brand new water lines, baseboards, hot water heaters, and new electrical panels are already in place. In total, the property has 10 bedrooms and 4 full bathrooms (two of which have been almost fully refinished). A small driveway, 4 separate entrances, screened back patios, a detached storage shed, and a ton of green space in the backyard make this a great investment property.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-16T23:50:55.413.
www.charisrealtygroup.com/homes/128167776
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46-48 Market Street SALEM, NJ 08079

  • Price: $110,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 223 min ago
  • ID#: NJSA2003842
0
Beds
0
Baths
0
½ Baths
0.46
Acres
4,146
SQFT
$27
$/SQFT
1860
Built
Neighborhood:
None Available
County:
Salem
Area:
Salem City (21713)
School District:
Salem City Schools
Property Description
46-48 Market Street is a unique opportunity to own a large, historic, multi-family home within the Historic District of Salem, New Jersey. This property is currently a legal 3-family with two separate units on the 48 side, and 1 on the 46 side. A transition to a legal quad has been initiated and should simply be able to be completed by the next owner. Four separate electrical meters and all brand new gas lines are fully installed on-site. The entire property has been gutted and a large part of the renovation has been already completed. Brand new water lines, baseboards, hot water heaters, and new electrical panels are already in place. In total, the property has 10 bedrooms and 4 full bathrooms (two of which have been almost fully refinished). A small driveway, 4 separate entrances, screened back patios, a detached storage shed, and a ton of green space in the backyard make this a great investment property.
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Types DrivewayOn Street Patio And Porch Features Patio(S) Pool No Pool Riparian Rights YN No Roof Pitched Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4146 Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplace YN No Flooring Wood Heating Baseboard - Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 2

Property Features

Acceptable Financing ConventionalCashSeller Financing Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Cross Street Grant Foundation Details Brick/Mortar Heating Fuel Natural Gas Historic YN Yes Hot Water Electric Municipality Salem City Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801520236464 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6700.00 Tax Assessment Amount 91800.00 Tax Lot 00013 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Res Zoning Description Currently A Legal Triplex With Easy Ability To Convert To A Quad.

Listing courtesy of Coldwell Banker Residential Brokerage-Princeton Jc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-16T23:50:55.413.
 
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Charis Realty Group
1896 Urbana Pike, Suite 6
Clarksburg MD, 20871