6 East Avenue Salem, NJ ^$ 550,000

6 East Avenue

^$ 550,000

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6 East Avenue

Salem, NJ, 08079

^$ 550,000

Studio Baths0.0 Sq 4,500

Monthly Estimate*

^$ 3,655

6 East Avenue, Salem, NJ 08079 - Image 1

Studio

Commercial Property for sale in Salem, NJ

for $550,000. This 4,500 square foot building was built in 1920 on a lot size of 0.16.

5 units all residential for sale. Gross rents of $6200 per month. Two bedroom 26 unit A - $1250, Two bedroom 26 unit B - $1500 , three bedroom 28 unit 1 - $1535, one bedroom 6 east unit A - $1025, one bedroom 6 east unit B - $897.50. Unit 26 B is completely new with the unit being taken down to the studs prior to renting. Proof of funds or prequel letter must be sent prior to requesting a showing.

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,278

Style

Apartment Building

Lot Size

0.16

Year Built

1920

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2010028

Features

Interior

Heating Fuel Oil

Hot Water Electric

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central Radiant

Cooling Central A/C Window Unit(s)

Possession 0-30 Days CD 120-180 Days 31-60 Days CD 61-90 Days CD Immediate

Zoning 4A

Construction Materials Frame

Year Built 1920

Property SubType Five Or More Units

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality QUINTON TWP

Business Type Apartment Building

Accessibility 2+ Access Exits

County SALEM

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions gps corner of main and east

City SALEM

Buyer Agent Compensation 2.5

Total Units 0

MLS Area Quinton Twp (21712)

Lot Size Square Feet 6752.00

Waterfront Y/N N

Street Name EAST

Tax Annual Amount 10278.0

Price Per Sq Ft 122.22

Vacation Rental Y/N N

Days on Market 80

Standard Status Active

Year Built Source Assessor

Tax Lot 00001

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Well

Type of Parking On Street

Water View Y/N N

Building Area Total 4500.00

Lot Dimensions 50.00 x 135.00

Lot Size Acres 0.16

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 14800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 6

* Excluded Features

List By

Keller Williams Hometown

Broker

realestatekate856@gmail.com

Affordability Calculator

$4,512

Per Month

Monthly Principal & Interest: $3,655
Monthly Property Taxes: $857
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Salem, NJ

Average List Price ^$554,083

Percent of Sale Price 1%

About Salem, NJ

4,893 Population

-16% Since 2002

^$26,747 Median Income

35.33 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/11/2024	$550,000		Listed Price

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6 East Avenue, Salem, NJ, 08079 is a Commercial Property for sale at $550,000 with 4,500 sqft and a lot size of 0.16. 6 East Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 08079 which is in Salem, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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6 East Avenue

Commercial Property for sale in Salem, NJ

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