Off market

Zestimate^®

$228,000

14-16 Walnut St, Salem, NJ 08079

2beds

0baths

2,784sqft

MultiFamily

Built in 1890

-- sqft lot

$228,000 Zestimate^®

$82/sqft

$1,416 Estimated rent

Home value

$228,000

$189,000 - $271,000

$1,416/mo

Zestimate^® history

Owner options

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$1,416/mo

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$1,416/mo

Rent Zestimate^®

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$1,744/mo

Est. payment

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$1,744/mo

Est. payment

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What's special

Inverstor alert! 19% cap rate! Turnkey operation in Salem City. 4 units, fully occupied. Rent rolls total 3185.00 per month, plus on site maintenance man rents a room and the garage for an additional 250 per month bringing total monthly income to 3435.00. Newer Boiler, vinyl siding and mostly newer windows throughout. Located close to downtown area and laundromat Garage as-IS, where- is

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 0

Interior area

Total interior livable area: 2,784 sqft

Property

Lot

Size: 8,276 sqft

Details

Parcel number: 1300062000000020

Construction

Type & style

Home type: MultiFamily

Condition

Year built: 1890

Community & neighborhood

Location

Region: Salem

Price history

Date	Event	Price
3/2/2017	Listing removed	$129,900$47/sqft
Source: RE/MAX Connection - Marlton #6742136 Report a problem
5/18/2016	Price change	$129,900-13.3%$47/sqft
Source: RE/MAX Connection - Marlton #6742136 Report a problem
3/4/2016	Listed for sale	$149,900+3.4%$54/sqft
Source: RE/MAX Connection - Marlton #6742136 Report a problem
12/31/2015	Listing removed	$795
Source: RE/MAX Connection - Marlton #6681705 Report a problem
12/9/2015	Listed for rent	$795-6.5%
Source: RE/MAX Connection - Marlton #6681705 Report a problem
1/2/2015	Listing removed	$850
Source: RE/MAX Connection #6449712 Report a problem
9/3/2014	Listed for rent	$850
Source: RE/MAX Connection #6449712 Report a problem
7/8/2005	Sold	$145,000+141.7%$52/sqft
Source: Public Record Report a problem
6/16/1999	Sold	$60,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,977	$72,700
2024	$5,977 +4.6%	$72,700
2023	$5,715 +8.3%	$72,700
2022	$5,277 +2.1%	$72,700
2021	$5,170 +0.6%	$72,700
2020	$5,139 +34.9%	$72,700
2019	$3,809	$72,700
2018	$3,809 -23.3%	$72,700
2017	$4,965 -8.1%	$72,700 -48%
2016	$5,405 +0.5%	$139,800
2015	$5,377 +0.6%	$139,800
2014	$5,345 +3.7%	$139,800
2012	$5,156 +2.7%	$139,800
2011	$5,022 +2.5%	$139,800
2010	$4,901 +5%	$139,800
2009	$4,668	$139,800
2008	--	$139,800
2007	--	$139,800 +132.2%
2006	--	$60,200
2005	--	$60,200
2004	--	$60,200
2003	--	$60,200
2002	--	$60,200
2001	--	$60,200