120 8TH STREET, Salem, NJ 08079

$150,000 Asking Price

5 beds
2 baths
1,660  sqft
Built in 1900

Step into the timeless elegance of this Victorian-style residence, boasting five bedrooms, one and a half bathrooms, and a generously sized grass lot tucked away in the rear of the property. Whether you're seeking extra space for your family or eyeing an investment opportunity, this home is a perfect fit. With a current HUD Fair Market Rent (FMR) valuation of $2050 for a four-bedroom property, this investment promises substantial returns. Convenient parking adds a touch of practicality to this freshly renovated gem, enhancing its accessibility and appeal. Don't let this fantastic investment slip through your fingers. Schedule your showing today before this opportunity vanishes.


Features & Amenities

Interior

Basement:
Full
A/C:
None
Heating:
Y, Forced Air, Oil
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Victorian

Construction

General:
Stick Built, 3, Block

Location

Originating MLS:
BRIGHT_MAIN
School District:
SALEM COUNTY PUBLIC SCHOOLS
County:
SALEM

Lot

Zoning:
RES, 13-00025-00008
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Real Broker, LLC, Alexander Torres

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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