116 8TH STREET, Salem, NJ 08079

$90,000 Asking Price

3 beds
1 bath
1,444  sqft
Built in 1905

Calling all investors!!! This twin style home has 3 bedrooms/1 bath. This home is subject to an existing lease. Selling 100% AS IS. Seller will not make any repairs. All inspections are for the buyer's informational purposes only. Buyer responsible for all required inspections and certifications for settlement purposes. Current lease is for $900 per month ($10,800 per year). Great long-term tenants!!! Can also be purchased as a packaged deal with properties 110 8th Street, Salem NJ (MLS #NJSA2010114) & 112 8th Street, Salem NJ (MLS #NJSA2010116).


Features & Amenities

Interior

Rooms:
Living Room,Dining Room,Primary Bedroom,Bedroom 2,Kitchen,Bedroom 1
Basement:
Partial
A/C:
None
Heating:
Y, Forced Air, Oil
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

Roofing:
Pitched,Slate
General:
Asbestos, 2, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
SALEM CITY SCHOOLS
County:
SALEM

Lot

Zoning:
RES, 13-00025-00010
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
NA Compensation:
Less $150 MLS Fee to Co-Op Broker

This listing courtesy of:
Panaro Realty, Christina Marie Ganassi

About Salem, NJ

Housing

Number of Units
5,233
Median Home Value
$164,753
Median Rent
$651

37.57% of housing units are renter occupied.

13.02% are vacant.

Commute

Car
75.47%
Public Transportation
1.13%
Walk to Work
1.29%
Work from Home
19.95%
Other
1.73%

The median travel time to work is 24 minutes.

People

Population
11,311
Median Age
39.40
Median Household Size
2.53

Education

High School
42.85%
Associate’s Degree
9.82%
Bachelor’s Degree
8.58%
Graduate Degree
5.03%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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