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78 Walnut Street

SALEM, NJ 08079
  • $205,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: NJSA2019582
Price Reduced
UPDATED: 73 min ago
$205,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,473
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:

School Ratings & Info

School District:

Description

Welcome to 78 Walnut Street, Salem, NJ, a spacious and versatile property offering exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living.If you’re searching for a home with space, interchangeable layout, and opportunity…this property is worth exploring. The home can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use.Investors will appreciate the property’s floor plan and rental potential, with estimated combined rental income potential of approximately $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals.Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park.Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today and discover all that 78 Walnut Street has to offer!Property is being sold As-Is.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. 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. Data last updated: 2026-08-11T14:56:17.087.
www.nesbitt.realestate/homes/178965224
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78 Walnut Street SALEM, NJ 08079

  • Price: $205,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 73 min ago
  • ID#: NJSA2019582
5
Beds
2
Baths
0
½ Baths
0.11
Acres
2,473
SQFT
$83
$/SQFT
1910
Built
Neighborhood:
None Available
County:
Salem
Area:
Salem City (21713)
School District:
Salem City Schools
Property Description
Welcome to 78 Walnut Street, Salem, NJ, a spacious and versatile property offering exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living.If you’re searching for a home with space, interchangeable layout, and opportunity…this property is worth exploring. The home can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use.Investors will appreciate the property’s floor plan and rental potential, with estimated combined rental income potential of approximately $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals.Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park.Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today and discover all that 78 Walnut Street has to offer!Property is being sold As-Is.
Exterior Features

Architectural Style Colonial Construction Materials Frame Garage YN No Parking Types Off Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2473 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Seller’s personal itemsmicrowave and window air conditioning units Fireplace YN No Heating Other Heating YN Yes Inclusions StoverefrigeratorHVAC and solar panels Levels 2 Main Level Bedrooms 5

Property Features

Acceptable Financing CashConventionalFHA Accessibility Features None Association YN No Central Air YN No Condo YN No Cooling Fuel None Cross Street Smith Street Federal Flood Zone YN No Foundation Details Permanent Heating Fuel Other Hot Water Instant Hot Water Municipality SALEM CITY Navigable Water YN N New Construction YN No Original MLSNumber 805169862476 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5194.00 Tax Lot 00004 Vacation Rental YN No Water Source Public Zoning R-2

Listing courtesy of Hi-Level Real Estate LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. 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. Data last updated: 2026-08-11T14:56:17.087.
 
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