78 WALNUT ST Salem, NJ 08079
5 Beds
2 Baths
2,473 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,473 sqft
Price per Sqft $88
Subdivision None Available
MLS Listing ID NJSA2019252
Style Colonial
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,473
Year Built 1910
Annual Tax Amount $5,194
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 111.00
Property Sub-Type Detached
Source BRIGHT
Property Description
The property can be enjoyed as a traditional single-family residence or utilized as a two-unit setup, thanks to the separate stairwell providing direct access to the second floor. Whether you're searching for extra living space or an income-producing opportunity, this home provides options to fit your needs.
Additional features include a walk-up attic and full basement offering abundant storage space, a newer roof, and leased solar panels to help offset utility costs. The first floor is heated by propane forced air, while the second floor is equipped with electric baseboard heat, allowing for independent comfort throughout the home.
Alternatively, the property can be enjoyed as a spacious single-family residence offering up to 5 bedrooms and 2 full bathrooms, ideal for those in need of extra space. As a single-family rental, estimated market rents may range from $1,900 to $2,200 per month, subject to condition and amenities.
Conveniently located in the heart of Salem City, this property is close to local shops, dining, parks, and major commuting routes. Whether you're an investor looking to expand your portfolio or a homeowner in need of more space, 78 Walnut Street is a property full of possibilities.
Salem City students may also benefit from opportunities offered through the Forman S. Acton Educational Foundation, which provides scholarships, educational programming, and college support for eligible Salem City students.
Don't miss your chance to explore all that this versatile Salem City property has to offer! Schedule your private tour today.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning R-2
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Bathroom 2, Bathroom 3, Attic, Screened Porch
Basement Partial, Unfinished
Main Level Bedrooms 2
Interior
Interior Features 2nd Kitchen, Carpet, Floor Plan - Traditional, Wood Floors, Additional Stairway, Attic, Ceiling Fan(s), Formal/Separate Dining Room, Bathroom - Tub Shower
Hot Water Electric
Heating Forced Air, Baseboard - Electric
Cooling None
Flooring Vinyl, Wood
Inclusions both refrigerators and stoves in as-is condition
Equipment Stove, Refrigerator, Range Hood
Fireplace N
Appliance Stove, Refrigerator, Range Hood
Heat Source Propane - Leased
Exterior
Fence Chain Link
Utilities Available Cable TV
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Lot Description Corner
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 2473
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Salem City Schools
Others
Pets Allowed N
Senior Community No
Tax ID 13-00086-00004
Ownership Fee Simple
SqFt Source 2473
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
