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$205,000

  • Sold
  • Closed
  • Duplex
  • 2,444 Sq. Ft.
See This Home
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Income-Producing Duplex in Salem, NJ! Great investment opportunity! This fully occupied duplex in Salem, NJ, offers steady rental income with long-term tenants already in place. The property features one 3-bedroom, 1-bathroom unit downstairs and one 2-bedroom, 1-bathroom unit upstairs, providing versatility and strong rental potential. Both units are well-maintained, offering comfortable living spaces for tenants. This property is ideal for investors looking to expand their portfolio with a reliable income-producing asset.

Full Property Details for 297 Pearl St

General

  • Sold For: $205,000
  • Taxes: $4,037 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSPhilly
  • MLS ID: NJSA2014016
  • Added to Site: 319 day(s) ago

Interior

  • Interior Features: Wood Floors, Carpet

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector

Parking

  • Total Spaces: 3
  • Parking Type: On Street, Driveway

Location

  • Area: Salem City (21713)
  • Municipality: SALEM CITY
  • County: Salem
  • Driving Directions: USE GPS

School Information

  • School District: Salem City Schools

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Gas BackUp
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Frame
  • Foundation: Block
  • Stories/Levels: 0
  • Square Feet: 2,444
  • Sq. Ft. Source: Assessor
  • Living Area: 2,444 Sq. Ft.
  • Finished Above Grnd: 2,444 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Assessor

Unit Information

  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,616
  • Lot Size Source: Assessor
  • Lot Dimensions: 73.00 x 118.00
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $81.83
  • Assessment Year: 2024
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $49,100
  • Tax Amount: $4,037
  • Tax Year: 2024
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 2444

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: All existing appliances
  • Lot Number: 12

Listed by Society, Joseph Patrick Polidoro
Sold by Tesla Realty Group LLC, Natalie S Tyson

Listing agent

— 297 Pearl St —

  • Joseph Patrick Polidoro

    Society

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 297 Pearl St

School District:Salem City School District
NameGradesDistance
Salem Middle School
51 New Market Street, Salem, NJ 08079
3-80.5 mi
John Fenwick Elementary School
183 Smith Street, Salem, NJ 08079
PK-20.7 mi
Salem High School
219 Walnut Street, Salem, NJ 08079
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 297 Pearl St

Date
Details
Price
Change
Source
10/09/2025
Sold
$205,000
2.5%
MLS
3/05/2025
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Society, Joseph Patrick Polidoro
Sold by Tesla Realty Group LLC, Natalie S Tyson

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297 Pearl Street, Salem, NJ 08079 (MLS# NJSA2014016) is a Duplex property that was sold at $205,000 on October 09, 2025. Want to learn more about 297 Pearl Street? Do you have questions about finding other Duplex real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.