Cash flowing 2 family in Salem NJ. This renovated duplex offers a turnkey investment opportunity with paying tenants in place. Unit A- 3 beds 1 bath paying $1525/month, Unit B- 4 beds 1 bath paying $1725/month. $3,250 in gross rent with low expenses. Management in place to truly make this a turnkey investment.
Sold for $240,000
$240,000
39 Oak St, Salem, NJ 08079
7beds
2baths
2,072sqft
Duplex
Built in 1906
-- sqft lot
$254,600 Zestimate®
$116/sqft
$1,808 Estimated rent
Home value
$254,600
$165,000 - $390,000
$1,808/mo
Zestimate® history
Owner options
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$1,808/mo
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$1,808/mo
Rent Zestimate®
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$1,835/mo
Est. payment
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$1,835/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jasmin Elalfy 732-523-0757,
NJ Elite Group, LLC
Bought with:
Johaira Exposito, 1432951
Weichert Realtors - Edison
Source: Bright MLS,MLS#: NJSA2016132
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- High Ceilings
- Flooring: Wood
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,751 sqft
- Dimensions: 25.00 x 150.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130007700029
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick, Concrete
- Foundation: Block, Brick/Mortar
- Roof: Asphalt,Shingle,Metal
Condition
- Excellent
- New construction: No
- Year built: 1906
- Major remodel year: 2024
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
- Municipality: SALEM CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(k),FHA 203(b),Private Financing Available
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $240,000-4%$116/sqft |
Source:  Bright MLS #NJSA2016132 Report a problem | ||
| 9/17/2025 | Pending sale | $250,000$121/sqft |
Source:  MoreMLS #22526810 Report a problem | ||
| 9/4/2025 | Listed for sale | $250,000+166%$121/sqft |
Source: MoreMLS #22526810 Report a problem | ||
| 6/10/2024 | Sold | $94,000-6%$45/sqft |
Source: Bright MLS #NJSA2010750 Report a problem | ||
| 5/24/2024 | Pending sale | $100,000$48/sqft |
Source: Bright MLS #NJSA2010750 Report a problem | ||
| 5/15/2024 | Contingent | $100,000$48/sqft |
Source: Bright MLS #NJSA2010750 Report a problem | ||
| 4/22/2024 | Price change | $100,000+11.1%$48/sqft |
Source: Bright MLS #NJSA2010750 Report a problem | ||
| 12/22/2023 | Pending sale | $90,000$43/sqft |
Source: Bright MLS #NJSA2009534 Report a problem | ||
| 12/20/2023 | Contingent | $90,000$43/sqft |
Source: Bright MLS #NJSA2009534 Report a problem | ||
| 12/7/2023 | Listed for sale | $90,000+0%$43/sqft |
Source: Bright MLS #NJSA2009534 Report a problem | ||
| 4/21/2023 | Listing removed | $89,999$43/sqft |
Source: Bright MLS #NJSA2007094 Report a problem | ||
| 3/27/2023 | Listed for sale | $89,999+63.6%$43/sqft |
Source: Bright MLS #NJSA2007094 Report a problem | ||
| 7/13/2022 | Sold | $55,000+10%$27/sqft |
Source: Public Record Report a problem | ||
| 2/14/2022 | Listing removed | $49,999$24/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 1/25/2022 | Price change | $49,999-23.1%$24/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 1/13/2022 | Price change | $65,000-13.3%$31/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 12/7/2021 | Price change | $74,990-8.4%$36/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 11/20/2021 | Price change | $81,900+9.2%$40/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 11/10/2021 | Listed for sale | $74,999-8.4%$36/sqft |
Source: Owner Report a problem | ||
| 11/5/2021 | Listing removed | $81,900$40/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 10/18/2021 | Contingent | $81,900$40/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 10/4/2021 | Price change | $81,900-10.9%$40/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 9/19/2021 | Listed for sale | $91,900+8.2%$44/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 8/17/2021 | Contingent | $84,900$41/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 7/16/2021 | Listed for sale | $84,900+142.6%$41/sqft |
Source: Bright MLS #NJSA2000388 Report a problem | ||
| 5/26/2021 | Sold | $35,000-73.5%$17/sqft |
Source: Public Record Report a problem | ||
| 1/31/2007 | Sold | $132,000+140%$64/sqft |
Source: Public Record Report a problem | ||
| 4/1/2002 | Sold | $55,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,938 | $47,900 |
| 2024 | $3,938 +4.6% | $47,900 |
| 2023 | $3,765 +8.3% | $47,900 |
| 2022 | $3,477 +2.1% | $47,900 |
| 2021 | $3,407 +0.6% | $47,900 |
| 2020 | $3,386 +288.7% | $47,900 |
| 2019 | $871 | $47,900 |
| 2018 | $871 -59.2% | $47,900 |
| 2017 | $2,134 -52.7% | $47,900 -59% |
| 2016 | $4,512 +0.5% | $116,700 |
| 2015 | $4,488 +0.6% | $116,700 |
| 2014 | $4,461 +3.7% | $116,700 |
| 2012 | $4,304 +2.7% | $116,700 |
| 2011 | $4,192 +2.5% | $116,700 |
| 2010 | $4,092 +5% | $116,700 |
| 2009 | $3,897 | $116,700 |
| 2008 | -- | $116,700 |
| 2007 | -- | $116,700 +182.6% |
| 2006 | -- | $41,300 |
| 2005 | -- | $41,300 |
| 2004 | -- | $41,300 |
| 2003 | -- | $41,300 |
| 2002 | -- | $41,300 |
| 2001 | -- | $41,300 |
Find assessor info on the county website
Neighborhood: 08079
Nearby schools
GreatSchools rating
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.2 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 0.8 mi
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.3 mi
Schools provided by the listing agent
- District: Salem City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New Jersey
- Salem County
- Salem
- 08079
- 39 Oak St
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