59 Market Street, Salem, NJ 08079 - Photo 1

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$225,000

For Sale
Active
Single Family
3,437 Sq. Ft.
Updated 4 days ago

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Property Description

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

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: 3/6/2026
Added to Site: 152 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

Listing Office Email: sold@rickeber.com

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Schools

Schools serving 59 Market St

School District:Salem City School District

Name	Grades	Distance
Salem Middle School 51 New Market Street, Salem, NJ 08079	3-8	0.4 mi
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079	PK-2	0.6 mi
Salem High School 219 Walnut Street, Salem, NJ 08079	9-12	1.2 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

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

Estimate the Cost for 59 Market St

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Price Reduced

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Beds
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Total Baths
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Listed by RE/MAX Associates-Wilmington, Ross Weiner

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.

59 Market St Salem, NJ 08079