91 7th Street
Description
back on market, buyer backed out. Let there Lose be your gain. Welcome to your new investment property or potential home! Explore this beautifully renovated 2nd-floor unit, featuring brand new windows installed in March 2024. This spacious unit offers 1 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first...🏡 Investment Opportunity in Salem, NJ! Price reduction
back on market, buyer backed out. Let there Lose be your gain. Welcome to your new investment property or potential home! Explore this beautifully renovated 2nd-floor unit, featuring brand new windows installed in March 2024. This spacious unit offers 1 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first floor is a 2-bedroom, 1-bathroom unit, currently vacant. With market rents in the range of $1400-$1500, for 2 bedroom units you can set the rent with your new tenant. This property presents an excellent opportunity to add to your rental portfolio or live in the downstairs unit while the 2nd unit helps cover the mortgage. Don't miss out on this chance to generate passive income or enjoy the benefits of multi-family living. Schedule your viewing today and seize this lucrative investment opportunity! 🌟 There are no pictures of the 1st floor as it was tenant occupied at the time. Pproperty is sold as is seller will make no repairs, inspections are for buyers information only. Buyer is responsible to obtain certificate of occpancy once the have a new tenant or occupy the unit themselves.
- Listed by Richard Clarke • Exit Homestead Realty ProfessionalsP: (856)-469-9200 richard@exithomepros.com
Property Details for 91 7th Street
Property Details for 91 7th Street
| Status | Active |
|---|---|
| MLS # | NJSA2010798 |
| Days on Market | 60 |
| Taxes | $3,443 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.16 AC / 6,852 SF |
| County | Salem County |
Building Information for 91 7th Street
Property Information for 91 7th Street
- School District Name: SALEM CITY SCHOOLS
- School District County ID: 300200396391
- SchoolDistrictSource: Listing Agent
- County: SALEM
- MLS Area: Salem City (21713)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $33,700
- Clean Green Assessed: No
- Land Use Code: 0
- Agricultural Tax Due: No
- Historic: No
- Zoning: RESIDENTIAL
- Zoning Dscrp: Residential
- Tax Lot: 17
- Automatically Update Tax Values Y/N: No
- Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer, Taxes - Real Estate, Water
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2
- Units Leased Count: 2
- Number Of Units Vacant: 0
- Vacancy Allowance Rate: 100.00%
- Number Of Units Month To Month: 1
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Lease Type: Yearly
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 5
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Lease Type: Month to Month
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 6
- Operating Expense: $8,283
- Insurance Expense: $1,200
- Trash Expense: $0
- Pest Control Expense: $100
- Maintenance Expense: $1,000
- Pool Expense: $0
- Professional Management Expense: $2,340
- Gross Income: $23,400
- Gross Scheduled Income: $30,000
- Net Operating Income: $15,117
- Annual Rental Income: $23,400
- Income Includes: Apartment Rentals
- Existing Lease Type: Month to Month, Yearly
- Building Level Count: 2
- Building Units Total: 2
- Total Finished SQFT: 1,809.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 1,809.00
- Total SQFT Source: Estimated
- Construction Materials: Frame
- Roof: Architectural Shingle
- Flooring Type: Hardwood, Ceramic Tile, Laminate Plank
- Foundation Details: Brick/Mortar
- Lot Size Source: Estimated
- Lot Size Dimensions: 50.00 x 137.00
- Lot Dimensions Source: Estimated
- Parcel ID: 21905896
- Ground Rent Exists: No
- Type Of Parking: On Street, Driveway
- Driveway - # of Spaces: 4
- Parking Features: Dirt Driveway
- Fireplace: No
- Appliances: Oven/Range - Electric, Refrigerator
- Accessibility Features: 2+ Access Exits
- Window Features: Replacement
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Cable TV Available
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Oil
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service
- List Agent AOR: Gloucester Salem Counties Board of REALTORS
- List Agent URL: www.homedreamsbyrichard.com
Property History for 91 7th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 91 7th Street
Schools near 91 7th Street
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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Listing Courtesy of Exit Homestead Realty Professionals
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.