Investor Opportunity in the heart of Salem! This tenant-occupied property offers immediate cash flow with a Section 8 tenant in place and a recently renewed lease, making it an excellent opportunity for both seasoned and first-time investors alike. Built in 1900, the home features spacious living areas, generously sized bedrooms, and plenty of original character throughout. Recent improvements include a newer roof (2021) and water heater (2022), helping minimize major upfront expenses for the next owner. The property also offers public water and sewer, a basement for additional storage potential, and a private backyard space. Conveniently located near local shopping, dining, schools, and major roadways. Whether you’re looking to expand your rental portfolio, secure reliable long-term income, or explore future value-add potential, this property offers multiple investment angles. Strong opportunity to renovate and increase future resale value or refinance once vacant. A solid addition to any investment portfolio with built-in income already in place!
For sale
Price cut: $7.6K (6/17)
$89,900
41 Yorke St, Salem, NJ 08079
3beds
1,684sqft
Single Family Residence
Built in 1900
10,507 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Basement for additional storagePrivate backyard spaceGenerously sized bedrooms
- 50 days |
- 1,205 |
- 118 |
Zillow last checked:
Listing updated:
Listed by:
Gina Scodella 732-779-5569,
RE/MAX Revolution
Source: Bright MLS,MLS#: NJSA2019002
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,684
- Total interior livable area: 1,684 sqft
- Finished area above ground: 1,684
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 10,507 Square Feet
- Dimensions: 37.00 x 284.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130007200026
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Salem
- Municipality: SALEM CITY
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $37,600
- Annual tax amount: $3,244
- Date on market: 5/18/2026
- Listing agreement: Exclusive Right To Sell
- Exclusions: Personal Belongings
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,007/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $89,900-7.8%$53/sqft |
Source:  Bright MLS #NJSA2019002 Report a problem | ||
| 6/5/2026 | Price change | $97,500-2.4%$58/sqft |
Source: Bright MLS #NJSA2019002 Report a problem | ||
| 5/18/2026 | Listed for sale | $99,900+149.8%$59/sqft |
Source: Bright MLS #NJSA2019002 Report a problem | ||
| 7/8/2021 | Sold | $40,000+201.9%$24/sqft |
Source: Public Record Report a problem | ||
| 11/14/1994 | Sold | $13,250$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,091 | $37,600 |
| 2024 | $3,091 +4.6% | $37,600 |
| 2023 | $2,956 +8.3% | $37,600 |
| 2022 | $2,729 +2.1% | $37,600 |
| 2021 | $2,674 +0.6% | $37,600 |
| 2020 | $2,658 +34.9% | $37,600 |
| 2019 | $1,970 | $37,600 |
| 2018 | $1,970 -8.8% | $37,600 |
| 2017 | $2,161 -47.9% | $37,600 -65% |
| 2016 | $4,148 +0.5% | $107,300 |
| 2015 | $4,127 +0.6% | $107,300 |
| 2014 | $4,102 +3.7% | $107,300 |
| 2012 | $3,957 +2.7% | $107,300 |
| 2011 | $3,854 +2.5% | $107,300 |
| 2010 | $3,762 +5% | $107,300 |
| 2009 | $3,583 | $107,300 |
| 2008 | -- | $107,300 |
| 2007 | -- | $107,300 +131.7% |
| 2006 | -- | $46,300 |
| 2005 | -- | $46,300 |
| 2004 | -- | $46,300 |
| 2003 | -- | $46,300 |
| 2002 | -- | $46,300 |
| 2001 | -- | $46,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08079
Nearby schools
GreatSchools rating
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.5 mi
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.6 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 0.8 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Salem County
- Salem
- 08079
- 41 Yorke St
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