20 days on rocket

6 Elm St, Salem, NJ, 08079

$160,000

Home List Price

$1,900*

Closing Credit

0 Baths
1,332 SqFt
$120/SqFt
Multi
Schools Nearby

Location

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6 Elm St, Salem$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1890
HeatingForced Air
CoolingNone
BasementYes
MLS #NJSA2010938
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 6 Elm St

Diamond in the rough. Duplex in Salem City with each unit boasting 2 bedrooms and 1 bath, this property offers versatile living arrangements ideal for multigenerational families, rental income, or an owner-occupied investment. One of the units is in the process of being renovated, showcasing modern finishes and fixtures that elevate the living experience. The second unit presents an exciting opportunity for customization and personalization. With a bit of TLC and creative vision, this space can be transformed into a charming retreat tailored to your preferences. Whether you choose to rent out both units for passive income or occupy one while leasing the other, this property offers lucrative possibilities for investors seeking long-term returns. Home is being sold as - is. Seller will make no repairs. Buyer is responsible for certificate of occupancy

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1890
  • Living Area: 1,332 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Omar Din

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Salem Middle School, Public District Grades 3-8

Other

Directions Information:

  • Directions: use gps

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $120/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$160K

Med. Price/SqFt

$118

Avg. Days On Market

9

# of Sold Homes

3

6 Elm St vs Salem

20 DAYS ON ROCKET

+11 Days

$160,000

-$0 Less

$120/SqFt

+$2 More

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $2/SqFt more than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2010938

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Omar Din

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 5:00:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4218361
2
/10

  • Salem Middle School

  • 51 New Market St

  • 0.48 miles

  • Public District Grades 3-8

High School

school-card-donut-4218362
3
/10

  • Salem High School

  • 219 Walnut St

  • 0.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,389. The majority of Salem, NJ residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Salem›08079›6 Elm St

This home is located at 6 Elm St in Salem, NJ and zip code 08079. This 1,332 square foot home, which was built in 1890, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $160,000.

While more than 2 listings in Salem, NJ in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The number of homes for sale in Salem, NJ decreased by 20% between March 2024 and April 2024. In April 2024, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $160,000.

From Rocket Homes Real Estate and based on county public records data.

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