Investor opportunity in Newfield! 300 Salem Ave is a duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently occupied by long-standing tenants on month-to-month leases who would like to remain, making this a great opportunity for an investor looking to add an income-producing property to their portfolio.
With tenants already in place, the property offers immediate rental potential along with the opportunity to make updates and improvements over time. The asking price reflects the current condition, giving the next owner room to add value and maximize the property's potential.
Property is being sold strictly AS IS, with the seller making no repairs or improvements. Buyer is responsible for all inspections, certifications, and lender or municipal requirements. Seller is motivated and welcomes serious offers. Whether you're expanding an existing portfolio or looking for your next investment property, 300 Salem Ave is one to check out!
Please DO NOT approach property with confirmed appointment with agent.
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Listing Snapshot
Price
$250,000
Days On Site
2 Days
Bedrooms
4
Inside Area (SqFt)
1,632 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.58 Acres
Year Built
1920
MLS® Number
NJGL2078604
Status
Active
Property Tax
$4,618
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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