$140,000

159 Grant St Salem, NJ 08079

Salem Area

Estimated payment $888/month

Total Views 3,240
Studio
-- Bath
1,644 Sq Ft
$85 Price per Sq Ft

About This Home

Attention investors, builders, and value-add buyers — opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers multiple paths for upside. The home features spacious layouts, a full basement for storage or additional utility space, and a large footprint with room to bring your vision to life. Septic improvements are currently underway, creating additional long-term value for the next owner. Conveniently located near downtown Salem, major commuting routes, shopping, and public transportation. Ideal for investors seeking their next project or buyers looking to capitalize on a growing value-add opportunity. Property being sold strictly as-is. Buyer responsible for all inspections, certifications, and due diligence.

Listing Agent

Allegra Lyndell

(856) 858-2200 njrealtortara@gmail.com Keller Williams - Main Street Brokerage Phone: 8568582200 Listed on: 05/08/2026

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1920

Lot Details

  • 3,999 Sq Ft Lot
  • Lot Dimensions are 25.00 x 160.00

Parking

  • Parking Lot

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,644 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • John Fenwick Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Well Permit Applied For
  • Electric Water Heater
  • Applied For Permit

Listing and Financial Details

  • Tax Lot 00059
  • Assessor Parcel Number 13-00028-00059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 1920

Lot Details

3,999 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1644
  • Living Area Sq Ft: 1644
  • Price Per Sq Ft: 85.16
  • Above Grade Finished Sq Ft: 1644
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Applied For Permit
  • Water Source: Well, Well Permit Applied For

Schools

  • Elementary School: JOHN FENWICK E.S.
  • High School: SALEM H.S.
  • Middle Or Junior School: SALEM M.S.

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 25.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3999.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 1

Tax Info

  • Tax Annual Amount: 1500.00
  • Assessor Parcel Number: 13-00028-00059
  • Tax Lot: 00059
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,208 $14,000 $6,200 $7,800
2025 $1,208 $14,000 $6,200 $7,800
2024 $1,101 $14,000 $6,200 $7,800
2023 $1,101 $14,000 $6,200 $7,800
2022 $1,052 $14,000 $6,200 $7,800
2021 $1,010 $14,000 $6,200 $7,800
2020 $996 $14,000 $6,200 $7,800
2019 $990 $14,000 $6,200 $7,800
2018 $968 $14,000 $6,200 $7,800
2017 $956 $14,000 $6,200 $7,800
2016 $2,256 $57,600 $14,200 $43,400
2015 $2,227 $57,600 $14,200 $43,400
2014 $2,215 $57,600 $14,200 $43,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2026 05/08/26 For Sale $140,000 +2700.0% $85 / Sq Ft
02/15/2017 02/15/17 Sold $5,000 -75.0% $3 / Sq Ft View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $20,000 -- $13 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $65,000 Land Services Usa
Deed $65,000 New Title Company Name
Deed $40,000 Salem Oak Title Agency Inc
Deed $5,000 Salem Oak Title Agency Llc
Deed $6,000 Salem Oak Title Agency Inc
Bargain Sale Deed $35,000 --
Deed $26,500 --
Source: Public Records

Source: Bright MLS

MLS Number: NJSA2018900

Bright MLS

APN: 13-00028-0000-00059

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