All those times you talked about how if you found a deal on a multifamily you were going to take it down and become the next Monopoly Man... well here is your moment to put up or shut up. This is a steal of a deal on this 4 unit in downtown Salem City NJ. This money maker stretches over 5500+ sq ft allowing you to design the optimum floorplan to maximize your rental income. Some of the heavy lift is done as you can see from the photos making cash flow that much sooner for you. Take advantage of this opportunity and practice what you preach.
38 days
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1,210
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83
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Zillow last checked:
Listing updated:
Listed by:
Michael Stollenwerk856-264-8513,
Keller Williams - Main Street,
Listing Team: The Society Team
Source: Bright MLS,MLS#: NJSA2019272
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Basement
Area: 0
Heating
None
Cooling
None
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 5,645
Total interior livable area: 5,645 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Pool features: None
Lot
Size: 0.31 Acres
Details
Additional structures: Above Grade, Below Grade
Parcel number: 130006500028
Zoning: RES
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Colonial
Property subtype: Quadruplex
Materials
Brick, Stucco
Foundation: Brick/Mortar
Condition
New construction: No
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Salem
Municipality: SALEM CITY
Financial & listing details
Price per square foot: $34/sqft
Tax assessed value: $94,400
Annual tax amount: $8,144
Date on market: 6/16/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Negotiable,Other,Private Financing Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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