new - 2 days on rocket

3 S 3rd St, Salem, NJ, 08079

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
1,595 SqFt
$125/SqFt
Multi

Location

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3 S 3rd St, Salem$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1890
HeatingCentral
CoolingCeiling Fan(s), Window Unit(s)
MLS #NJSA2013218
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 3 S 3rd St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Side-by-Side
  • Year Built: 1890
  • Living Area: 1,595 SqFt

Listing Office:

  • Office Name: Keller Williams Realty - Washington Township
  • Office Phone: (856) 582-1200
  • Listing Agent: Colleen Dorrego

Interior Features

Interior Information:

  • Flooring Type: Laminate Plank
  • Interior: Attic, Ceiling Fan(s), Floor Plan - Traditional

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: 3rd St 3-5 on corner

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $125/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$170K

Med. Price/SqFt

$118

Avg. Days On Market

28

# of Sold Homes

11

3 S 3rd St vs Salem

2 DAYS ON ROCKET

-26 Days

$199,900

+$29.9K More

$125/SqFt

+$7 More

KEY TAKEAWAY

This property is $29.9K more than the Median Sold Price and $7/SqFt more than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2013218

Listing Office:

  • Office Name: Keller Williams Realty - Washington Township
  • Office Phone: (856) 582-1200
  • Listing Agent: Colleen Dorrego

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-784207
4
/10

  • Penn Beach Elementary School

  • 96 Kansas Rd

  • 5.56 miles

  • Public District Grades 4-5

school-card-donut-784208
5
/10

  • Central Park Elementary School

  • 43 Oliver Ave

  • 6.32 miles

  • Public District Grades 2-3

school-card-donut-784209
6
/10

  • Southern Elementary School

  • 795 Cox Neck Rd

  • 8.14 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,339. Typical income of Salem, NJ residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Salem›08079›3 S 3rd St

This home is located at 3 S 3rd St in Salem, NJ and zip code 08079. This 1,595 square foot home, which was built in 1890, sits on a 0.05 acre lot. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $199,900.

While more than 2 listings in Salem, NJ in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 4 were sold below. Between October 2024 and November 2024, Salem, NJ real estate market has seen increase in the number of listings by 8.8%. Listings spent 28 days on the market in November 2024, and had a median list price of $170,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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