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$225,000 -$25,000 (-10%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3,437 Sq. Ft.
  • Updated 4 days ago
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Great tri-plex in Salem. Three units with long-term tenants, all CO's in place, LBP inspections are current. Two of the units are one bedroom/one bathroom, and one unit has three bedrooms with one full bathroom, one half bathroom. Tenants pay electric on seperate meters. Tenants will need ample notice for showings. All prospective buyers will need to provide proof of funds or an updated mortgage approval letter prior to any showing requests being approved.

Full Property Details for 59 Market St

General

  • Price: $225,000
  • Taxes: $5,903 (2024)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: NJSA2016616
  • Updated: 1/13/2026
  • Added to Site: 100 day(s) ago

Parking

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

Location

  • Area: Salem City (21713)
  • Municipality: SALEM CITY
  • County: SALEM
  • Cross Streets: Grant St
  • Driving Directions: From Rt. 45 into Salem, PIQ on the right

School Information

  • School District: Salem City Schools

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Oil
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Private

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Square Feet: 3,437
  • Sq. Ft. Source: Assessor
  • Living Area: 3,437 Sq. Ft.
  • Finished Above Grnd: 3,437 Sq. Ft.
  • Year Built: 1820
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 11,988
  • Lot Size Source: Assessor
  • Lot Dimensions: 54.00 x 222.00
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $65.46
  • Assessment Year: 2024
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $71,800
  • Tax Amount: $5,903
  • Tax Year: 2024
  • Owner Pays: Heat
  • Tax Total Finished Sq. Ft.: 3437

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 17

Listed by Keller Williams Hometown, Richard Eber

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Listing agent

— 59 Market St —

  • Richard Eber

    Keller Williams Hometown

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 59 Market St

School District:Salem City School District
NameGradesDistance
Salem Middle School
51 New Market Street, Salem, NJ 08079
3-80.4 mi
John Fenwick Elementary School
183 Smith Street, Salem, NJ 08079
PK-20.6 mi
Salem High School
219 Walnut Street, Salem, NJ 08079
9-121.2 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 59 Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$225,000
-10%
MLS
10/10/2025
Listed
$250,000
56.99%
MLS
1/21/2011
Sold
$159,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 59 Market St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,903
9%
$71,800
—
2022
$5,397
-1%
$71,800
—
2022
$5,464
5%
$71,800
—
2021
$5,211
5%
$71,800
—
2018
$4,964
1%
$71,800
—
2017
$4,904
-17%
$71,800
-52%
2016
$5,874
1%
$150,000
—
2015
$5,799
14%
$150,000
109%
2019
$5,076
-30%
$71,800
-62%
2013
$7,252
—
$189,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 59 Market St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Hometown, Richard Eber

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59 Market Street, Salem, NJ 08079 (MLS# NJSA2016616) is a Single Family property with 0 bedrooms and 0 full bathrooms. 59 Market Street is currently listed for $225,000 and was received on October 10, 2025. Want to learn more about 59 Market Street? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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