3 South 3rd Street

Salem, NJ 08079

$199,900
Price
6
Beds
2
Baths
1,595 Sq. Ft.
$125 / Sq. Ft.
1,595
Sq. Ft.
$125
per Sq. Ft.

Description

Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both...Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!
  1. Listed by Colleen Dorrego • Keller Williams Realty - Washington Township
    P: (609)-868-2862 cdorrego@comcast.net

Property Details for 3 South 3rd Street

Tax ID Number
13-00048-00022
Ownership
Fee Simple
Structure Type
Detached
Style
Side-by-Side
Waterfront
No
Garage
No
Expected On Market Date
12-20-2024
Municipality
SALEM CITY
LISTING UPDATED: 12/19/2024 01:43 PM

Property Details for 3 South 3rd Street

StatusActive
MLS #NJSA2013218
Days on Market2
Taxes$2,751 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.05 AC / 2,200 SF
CountySalem County

Building Information for 3 South 3rd Street

Stories-Residences2Year Built1890Building Size-Lot Size0.05 AC / 2,200 SF

Property Information for 3 South 3rd Street

Location
Location
  • School District Name: SALEM CITY SCHOOLS
  • School District County ID: 300200396391
  • SchoolDistrictSource: Listing Agent
  • Elementary School: SALEM (SALEM NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: SALEM M.S. (SALEM NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: SALEM H.S. (SALEM NJ)
  • HighSchoolSource: 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: $35,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $28,500
  • City Town Tax: $0
  • Land Assessed Value: $6,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RESIDENTIAL
  • Tax Lot: 00022
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 4
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,595.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 71.00 x 31.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 21906548
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Attic, Ceiling Fan(s), Floor Plan - Traditional
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS
  • List Agent URL: yourperfectnest.net

Property History for 3 South 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3 South 3rd 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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3 South 3rd Street is a multi-family home for sale in Salem, NJ 08079. This property was listed for sale on December 19, 2024 by Keller Williams Realty - Washington Township, it's currently listed at $199,900. 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. 3 South 3rd Street is a 6-bed, 2-bath, 1,595 sqft multi-family home built in 1890.

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 Keller Williams Realty - Washington Township

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.