14 Chestnut Street

Salem, NJ 08079

$475,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Group Investor Tour - Thursday 11/14/24 at 4:30pm sharp! Cash-Cow opportunity in Salem City! New to the market is this 6-unit apartment building, consisting of FIVE2-bedroom units and ONE 1-bedroom units. RentRoll: 14A - $1,200/mo; Unit 14B - $925/mo; Unit 14C - $1,075/mo; Unit 16A - $1,275/mo; Unit 16B - $800/mo; Unit 16C - Vacant. Separate electric meters for the entire building, and each tenant pays their own electricity and electric heat. Inquire today to be notified of the upcoming planned group...Group Investor Tour - Thursday 11/14/24 at 4:30pm sharp! Cash-Cow opportunity in Salem City! New to the market is this 6-unit apartment building, consisting of FIVE2-bedroom units and ONE 1-bedroom units. RentRoll: 14A - $1,200/mo; Unit 14B - $925/mo; Unit 14C - $1,075/mo; Unit 16A - $1,275/mo; Unit 16B - $800/mo; Unit 16C - Vacant. Separate electric meters for the entire building, and each tenant pays their own electricity and electric heat. Inquire today to be notified of the upcoming planned group investor tour! Broker and Seller assume no responsibility and make no guarantees, warranties or representations, both expressed or implied, as to the availability or accuracy of the property information, room counts, dimensions or other information depicted or described herein. Buyer is responsible for completing their own due diligence and verifying all information necessary.
  1. Listed by Carlo Drogo Sr. • EXP Realty, LLC
    P: (856)-692-4368 expertsalesteamofexp@gmail.com

Property Details for 14 Chestnut Street

Tax ID Number
13-00057 01-00027
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Cross Street
Carpenter St & Hires Ave.
Municipality
SALEM CITY
LISTING UPDATED: 11/14/2024 10:17 PM

Property Details for 14 Chestnut Street

StatusActive
MLS #NJSA2012614
Days on Market38
Taxes$15,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.24 AC / 10,528 SF
CountySalem County

Building Information for 14 Chestnut Street

Stories-Residences1Year Built1940Building Size-Lot Size0.24 AC / 10,528 SF

Property Information for 14 Chestnut Street

Location
Location
  • School District Name: SALEM CITY SCHOOLS
  • School District County ID: 300200396391
  • SchoolDistrictSource: Listing Agent
  • County: SALEM
  • MLS Area: Salem City (21713)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $191,300
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $146,300
  • City Town Tax: $0
  • Land Assessed Value: $45,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R
  • Tax Lot: 00027
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Units Leased Count: 5
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 3
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 14A
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Unit 14B
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 14C
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 16A
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 16B
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 16C
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 90.00 x 117.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 21906722
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 14 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 14 Chestnut Street

This home is within Salem City Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 8
Public - 9 to 12
Rating
School
Distance
John Fenwick Elementary School
PublicPK to 2

Salem Middle School
Public3 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14 Chestnut Street is a multi-family home for sale in Salem, NJ 08079. This property was listed for sale on October 15, 2024 by EXP Realty, LLC, it's currently listed at $475,000. This listing's school district is Salem City Board Of Education School District. Nearby schools include John Fenwick Elementary School, Salem Middle School and Salem High School. 14 Chestnut Street is a 11-bed, 6-bath, multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.