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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
12
Photos
3
beds
2
baths
1,251
sqft
Built in
1925
Tenant has been removed and showings will begin Monday, May 13th! Bring all reasonable Offers! Calling all investors! This single family home has 3 bedrooms, 1.5 baths with a large shed. It has a private driveway and is located in a well lit area right next to public transportation. House has been cleaned out. The unit will need minor work, but has updated electric, pluming, hot water and heater Approx 2015-2018. Refrigerator and oven/range are less then 2years, but need a serious cleaning , so does the house. This was former student housing for Salem County Community College. Carrying cost of less than $300 per month. #CashCow Former tenant placed more wear and tear on the property then expected. Local licensed and insured contractor said they could have the property in rentable condition for approx 3k plus material. That would include re-paint ceiling & walls w flat bone white (2days), replace sink, replace/fix side door/sill (1day) resolve flooring by painting/refinishing and or click plank (2 days) They charge $600 pr day for a crew of 3. One foreman and two laborers. Roof has never leaked, but roof/facia will need attention in the coming years. It is a small pitch roof and two small low pitch/flat roofs. Contractor estimated four days for tear off and replacement. Approx $2400 plus material. Salem County, NJ is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA with FMR (Fair Market Rents) of $1,780 with government programs. Google NJ FMR link for more info. Property is currently managed by a great property manager who would be happy to continue the ongoing management . Reach out with any questions before this one is gone!
Features & Amenities
Interior
- Laundry:
- Basement
- Basement:
- Combination
- Flooring:
- Carpet,Hardwood
- A/C:
- Window Unit(s)
- Heating:
- Y, Energy Star Heating System, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Colonial
Construction
- Roofing:
- Asphalt
- General:
- Frame, 2, Brick/Mortar
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- SALEM COUNTY PUBLIC SCHOOLS
- County:
- SALEM
Lot
- Zoning:
- RESIDENTAL, 13-00090-00004
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Septic
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Personal Property
- NA Compensation:
- Bring me an offer!
This listing courtesy of:
Garden Realty of Philadelphia, Donald R. Haven, Jr.
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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