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Pending
    • $315,000

    6 Salem Ave, Newfield, NJ 08344

    4beds
    2baths
    1,440sqft
    : 
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    Duplex
    Built in 1904
    -- sqft lot
    $-- Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Detached garage
    TURNKEY CASHFLOWING DUPLEX in NEWFIELD! This well-kept Buena Regional School District duplex has 2 bedrooms, 1 bathroom downstairs and 2 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,956.00 per month, which comes to $35,472.00 annually, making this a very strong investment with great rental history. The tenants both also pay $25 per month each in additional rent (not included in the rent roll) to cover the water bill. The tenants both keep their units clean and tidy, and one unit is on an annual lease that runs through the end of the calendar year, while the other is month-to-month. Both units have their own electric and gas meters for easy utility management. The landlord is responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. Moreover, the property also includes a detached garage that can be rented separately for even more income. If you've been looking for a strong and stable multi-family property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!
    40 days
    |
    436
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike DePalma 609-501-4162,

    DePalma Realty

    Source: Bright MLS,MLS#: NJGL2074554MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,440
      • Total interior livable area: 1,440 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Driveway, Detached
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 43.00 x 0.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 130010100006
      • Zoning: C
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex
      Materials
      • Frame
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1904

      Utilities & green energy

      • Sewer: On Site Septic
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      Location
      • Region: Newfield
      • Municipality: NEWFIELD BORO

      Financial & listing details

      • Price per square foot: $219/sqft
      • Tax assessed value: $137,700
      • Annual tax amount: $5,154
      • Date on market: 6/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: All Landlord Owned Appliances, Fixed Items, And Utility Systems.
      • Exclusions: Tenant Personal Property.
      • Ownership: Fee Simple
      • Total actual rent: 33072

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,076/mo

        Price history

        DateEventPrice
        6/29/2026Pending sale$315,000$219/sqft
        Source: Bright MLS #NJGL2074554 Report a problem
        6/12/2026Listed for sale$315,000+40%$219/sqft
        Source: Bright MLS #NJGL2074554 Report a problem
        9/12/2024Sold$225,000+0.4%$156/sqft
        Source: Bright MLS #NJGL2046164 Report a problem
        8/13/2024Pending sale$224,000$156/sqft
        Source: Bright MLS #NJGL2046164 Report a problem
        8/10/2024Listed for sale$224,000+348%$156/sqft
        Source: Bright MLS #NJGL2046164 Report a problem
        8/21/2018Sold$50,000+25%$35/sqft
        Source: Public Record Report a problem
        5/29/2018Listed for sale$40,000-48.7%$28/sqft
        Source: Bruce Associates Inc. #1001645590 Report a problem
        1/29/2014Listing removed$78,000$54/sqft
        Source: The Roarke Agency, LLC #421774 Report a problem
        12/28/2013Listed for sale$78,000+4%$54/sqft
        Source: The Roarke Agency, LLC #421774 Report a problem
        10/22/1998Sold$75,000$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,084 $137,700
        2024$5,084 -1.6%$137,700
        2023$5,167 -0.2%$137,700
        2022$5,175 -0.2%$137,700
        2021$5,183 +15.3%$137,700
        2020$4,495 +19.7%$137,700 +17%
        2019$3,754 $117,700
        2018$3,754 +1.4%$117,700
        2017$3,701 +4%$117,700
        2016$3,560 +4.8%$117,700
        2015$3,396 +11.8%$117,700
        2014$3,038 +5.4%$117,700 -7.6%
        2012$2,881 +0.4%$127,400
        2011$2,870 +9.6%$127,400
        2010$2,618 +2.3%$127,400
        2009$2,558 $127,400
        2008-- $127,400 +103.2%
        2007-- $62,700
        2006-- $62,700
        2005-- $62,700
        2004-- $62,700
        2003-- $62,700
        2002-- $62,700
        2001-- $62,700
        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.
        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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        Climate risks

        Neighborhood: 08344

        Getting around

        24 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Delsea Regional H.s.
        • District: Delsea Regional High Scho 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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