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Backup Offers

270 Grant St, Salem, NJ, 08079

$220,000

Home List Price

$2,613*

Closing Credit

0 Baths
3,288 SqFt
$67/SqFt
Multi
Schools Nearby

Location

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270 Grant St, Salem$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, On Street
Year Built1900
HeatingBaseboard, Radiant
CoolingNone
MLS #NJSA2010610
Lot Size0.19 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 270 Grant St

**For Sale: 272-270 Grant St, Salem NJ – A Rare Investment Opportunity!** Discover the potential of this unique property located at 272-270 Grant St in Salem, NJ. This versatile offering consists of two separate units, allowing for both living and rental income opportunities. Property sold strictly in as is condition buyer responsible for any and all repairs from inspections including but not limited to the CO. **270 Grant St:** - Spacious 4 bedrooms, 1 bathroom layout. - Recently updated interior, offering modern comfort. - Features laundry facilities, unfinished basement, and partially finished attic space, providing ample storage and expansion possibilities. - Ideal for owner-occupancy while generating rental income from the adjacent units. **272A & 272B Grant St:** - Unit 272A: 1-bedroom, Section 8-approved rental generating $995.00/month. - Unit 272B: 2-bedroom, 1-bathroom rental with rear access, generating $725.00/month. - Both tenants are reliable, paying rent on time, providing a steady income stream. **Additional Details:** - All tenants are in good standing, with leases available upon accepted offer. - The property's strategic location offers convenience and accessibility to amenities, schools, and transportation. **Don't Miss Out:** Seize the opportunity to invest in this income-generating property. Whether you're looking for a primary residence with rental income potential or seeking an investment property, 272-270 Grant St presents an attractive option. Contact us today to schedule a viewing and explore the possibilities of this promising investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Living Area: 3,288 SqFt

Listing Office:

  • Office Name: Exit Homestead Realty Professionals
  • Office Phone: (856) 692-3948
  • Listing Agent: Richard Clarke

Interior Features

Interior Information:

  • Flooring Type: Laminate Plank
  • Interior: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Tub Shower

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant
  • 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: Market street turn on Grant St property on corner of Grant and 8th St

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $67/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

$170K

Med. Price/SqFt

$124

Avg. Days On Market

62

# of Sold Homes

16

270 Grant St vs Salem

21 DAYS ON ROCKET

-41 Days

$220,000

+$50K More

$67/SqFt

-$57 Less

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $57/SqFt less than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2010610

Listing Office:

  • Office Name: Exit Homestead Realty Professionals
  • Office Phone: (856) 692-3948
  • Listing Agent: Richard Clarke

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: 4/30/2024, 12:05:18 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

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-3452360
2
/10

  • Salem Middle School

  • 51 New Market St

  • 0.41 miles

  • Public District Grades 3-8

High School

school-card-donut-3452361
3
/10

  • Salem High School

  • 219 Walnut St

  • 1.28 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 $39,200. The most common annual income of people living in Salem, NJ is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Salem›08079›270 Grant St

This home is located at 270 Grant St in Salem, NJ and zip code 08079. This 3,288 square foot home, which was built in 1900, sits on a 0.19 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $220,000.

In March 2024 more than 9 listings in Salem, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Salem, NJ between February 2024 and March 2024 increased by 5.3%. While the average time on the market in March 2024 was 62 days, the median list price was $170,000.

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

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