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Pending
    • $225,000

    59 Market St, Salem, NJ 08079

    5beds
    --baths
    3,437sqft
    : 
    $1,688/mo
    Get pre-qualified
    Triplex
    Built in 1820
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    Great tri-plex in Salem. Three units with long-term tenants, all CO's in place, LBP inspections are current. Two of the units are one bedroom/one bathroom, and one unit has three bedrooms with one full bathroom, one half bathroom. Tenants pay electric on seperate meters. Tenants will need ample notice for showings. All prospective buyers will need to provide proof of funds or an updated mortgage approval letter prior to any showing requests being approved.
    313 days
    |
    282
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Eber 856-430-1320,

    Keller Williams Hometown

    Source: Bright MLS,MLS#: NJSA2016616MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Radiator, Oil
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,437
      • Total interior livable area: 3,437 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, On Street
      • Uncovered spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 0.28 Acres
      • Dimensions: 54.00 x 222.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 130000600017
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex
      Materials
      • Frame
      • Foundation: Brick/Mortar
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1820

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Location
      • Region: Salem
      • Municipality: SALEM CITY

      Financial & listing details

      • Price per square foot: $65/sqft
      • Tax assessed value: $71,800
      • Annual tax amount: $5,903
      • Date on market: 10/10/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple
      • Total actual rent: 35400

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,125/mo

        Price history

        DateEventPrice
        8/4/2026Pending sale$225,000$65/sqft
        Source: Bright MLS #NJSA2016616 Report a problem
        1/13/2026Price change$225,000-10%$65/sqft
        Source: Bright MLS #NJSA2016616 Report a problem
        10/10/2025Listed for sale$250,000+127.3%$73/sqft
        Source: Bright MLS #NJSA2016616 Report a problem
        6/1/2019Listing removed$110,000$32/sqft
        Source: CENTURY 21 Hearst Realty, Inc. #1000372369 Report a problem
        1/29/2019Price change$110,000-8.3%$32/sqft
        Source: C-21 Hearst Realty #1000372369 Report a problem
        2/22/2017Price change$120,000-11.1%$35/sqft
        Source: CENTURY 21 Hearst Realty, Inc. #6187112 Report a problem
        9/24/2013Price change$135,000-15.4%$39/sqft
        Source: CENTURY 21 Hearst Realty, Inc. #6187112 Report a problem
        3/20/2013Listed for sale$159,500-20.2%$46/sqft
        Source: Century 21 Hearst Realty, Inc. #6187112 Report a problem
        7/21/2008Listing removed$199,900$58/sqft
        Source: NCI Report a problem
        1/31/2008Listed for sale$199,900$58/sqft
        Source: NCI Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,903 $71,800
        2024$5,903 +4.6%$71,800
        2023$5,644 +8.3%$71,800
        2022$5,211 +2.1%$71,800
        2021$5,106 +0.6%$71,800
        2020$5,076 +34.9%$71,800
        2019$3,762 $71,800
        2018$3,762 -23.3%$71,800
        2017$4,904 -15.4%$71,800 -52.1%
        2016$5,799 -20.5%$150,000
        2015$7,296 +0.6%$150,000 -20.9%
        2014$7,252 +3.7%$189,700
        2012$6,996 +2.7%$189,700
        2011$6,814 +2.5%$189,700
        2010$6,651 +5%$189,700
        2009$6,334 $189,700
        2008-- $189,700
        2007-- $189,700 +93.2%
        2006-- $98,200
        2005-- $98,200
        2004-- $98,200
        2003-- $98,200
        2002-- $98,200
        2001-- $98,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 08079

        Getting around

        57 / 100
        Somewhat Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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