78 Walnut St, Salem, NJ 08079

Property Description

Attention! The seller is requesting highest and best offers by Friday, Sept 25th no later than 5pm eastern standard time. This property offers exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. The floor plan is interchangeable with an open layout, which can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. The property will be delivered vacant, with both units available to be rented with an estimated rental income of potentially $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today!