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$200,000 Just Listed
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Property Description
Turnkey duplex opportunity in the heart of Salem with strong income-producing potential! 60-62 Walnut Street features two spacious units, each offering 3 bedrooms and 1 full bathroom, making this an ideal setup for investors or owner-occupants looking to offset living expenses with rental income. This well-maintained multi-family property offers updated interiors, generous living space, and layouts designed for comfortable everyday living. With renovations already completed, the property is positioned for immediate occupancy, steady cash flow, or long-term portfolio growth. Situated on a quiet residential street near schools, shopping, dining, and major commuting routes, this property combines convenience with investment upside. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this is a rare opportunity to secure a move-in-ready multi-family property with lasting potential.
Full Property Details
Full Property Details for 60 Walnut St
General
- Price: $200,000
- Taxes: $4,193 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2018904
- Updated: 5/13/2026
- Added to Site: 3 day(s) ago
Parking
- Parking Type: Driveway
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Driving Directions: From Route 49/Broadway in Salem, turn onto Walnut Street. Property will be located on the right-hand side. Conveniently accessible from Market Street and nearby major local roadways. Use GPS: 60–62 Walnut Street, Salem, NJ 08079.
School Information
- School District: Salem City Schools
- Elementary School: John Fenwick E.S.
- Middle School: Salem M.S.
- High School: Salem H.S.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well Permit Applied For
Structural Information
- Architectural Style: Side-by-Side
- Structure Type: Detached
- Construction: Aluminum Siding
- Foundation: Other
- Square Feet: 2,476
- Sq. Ft. Source: Assessor
- Living Area: 2,476 Sq. Ft.
- Finished Above Grnd: 2,476 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,519
- Lot Size Source: Estimated
- Lot Dimensions: 40.00 x 138.00
- Zoning: DUPLEX
Financial Considerations
- Price Per Sq. Ft.: $80.78
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $48,600
- Tax Amount: $4,193
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2476
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by Society, Allegra D. Lyndell
Get Pre-Approved Today
Schools
Schools serving 60 Walnut St
School District:Salem City School District
| Name | Grades | Distance |
|---|---|---|
Salem Middle School 51 New Market Street, Salem, NJ 08079 | 3-8 | 0.1 mi |
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079 | PK-2 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 60 Walnut St
Date
Details
Price
Change
Source
5/11/2026
Listed
$200,000
104.08%
MLS
6/26/2024
Sold
$98,000
—
Public Record
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 60 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,996
8%
$48,600
—
2023
$3,710
5%
$48,600
3%
2022
$3,548
-1%
$47,200
—
2022
$3,582
5%
$47,200
—
2021
$3,426
3%
$47,200
—
2019
$3,337
2%
$47,200
—
2018
$3,263
1%
$47,200
—
2017
$3,224
-1%
$47,200
-43%
2016
$3,250
-20%
$83,000
-21%
2015
$4,055
1%
$104,900
—
2013
$4,010
—
$104,900
—
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 60 Walnut St
60 Walnut Street, Salem, NJ 08079 (MLS# NJSA2018904) is a Single Family property with 0 bedrooms and 0 full bathrooms. 60 Walnut Street is currently listed for $200,000 and was received on May 11, 2026. Want to learn more about 60 Walnut 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.

