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Marjorie Dick Stuart

  • Cell 240-731-8079
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14-16 Chestnut St, SALEM, NJ – $400,000

  • $400k Price
  • 4,000 Sqft
  • .24 Acres
  • 59 DOM
  • $400k Price
  • 4,000 Sqft
  • .24 Acres
  • 59 DOM

14-16 Chestnut St

*** 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 FIVE 2-bedroom units and ONE 1-bedroom unit. 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.

Essential Information

  • MLS® #NJSA2012616
  • Price$400,000
  • Bathrooms0.00
  • Square Footage4,000
  • Acres0.24
  • Year Built1940
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusPending

Community Information

  • Address14-16 Chestnut St
  • AreaSalem City (21713)
  • CitySALEM
  • CountySALEM-NJ
  • StateNJ
  • MunicipalitySALEM CITY
  • Zip Code08079

Interior

  • HeatingBaseboard - Electric
  • CoolingNone

School Information

  • DistrictSALEM CITY SCHOOLS

Additional Information

  • Date ListedOctober 15th, 2024
  • Days on Market59
  • ZoningR

Listing Details

  • OfficeEXP Realty, LLC
  • Office Contact(866) 201-6210
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Price Change History for 14-16 Chestnut St, SALEM, NJ (MLS® #NJSA2012616)

Date Details Price Change
Pending (from Active)
Price Reduced $400,000 $75,000 (15.79%)
Price Reduced (from $550,000) $475,000 $75,000 (13.64%)

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Listing information last updated on January 19th, 2025 at 2:30pm CST.