60 Walnut Street, Salem, NJ 08079 - Photo 1

1/1

$165,000

Sold
Closed
Single Family
2,476 Sq. Ft.

1/1

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

Sold For: $165,000
Taxes: $4,193 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2018904
Added to Site: 161 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: 60â€“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.: $70.68
Assessment Year: 2025
County Tax Freq: Annually
Tax w/Assessment: $48,600
Tax Amount: $4,193
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 2476

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 1

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Meet the selling agent

— 60 Walnut St —

Kenneth "Ken" LePosa

Email Me

(908) 309-1156 mobile

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NMLS#: 1598647

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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

9/11/2026

Sold

$165,000

-5.71%

MLS

8/10/2026

Price Reduced

$175,000

-2.78%

MLS

7/28/2026

Price Reduced

$180,000

-2.7%

MLS

7/15/2026

Price Reduced

$185,000

-2.63%

MLS

5/19/2026

Price Reduced

$190,000

-5%

MLS

5/11/2026

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.

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Active
Updated 2 hours ago

3
Beds
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Total Baths
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Just Listed

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Updated 6 days ago

3
Beds
2
Total Baths
1,401
Sq. Ft.

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Just Listed

$230,000

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Active
Updated 5 days ago

5
Beds
3
Total Baths
2,697
Sq. Ft.

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Just Listed

$249,900

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Single Family
Active
Updated 17 hours ago

3
Beds
2
Total Baths
1,456
Sq. Ft.

Listed by Mahoney Realty Pennsville, LLC, Tara K Puitz

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Price Reduced

-$10,000 (-4.26%)

$225,000

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Single Family
Active
Updated 5 days ago

3
Beds
1
Total Bath
1,076
Sq. Ft.

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Price Reduced

-$10,000 (-2.63%)

$369,900

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Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
2,000
Sq. Ft.

Listed by Patterson-Schwartz-Hockessin, Kenneth W DiAmbrosio

603 Liberty Blvd, New Castle, DE 19720 - Photo 1

Price Reduced

-$20,000 (-6.25%)

$300,000

603 Liberty Blvd New Castle, DE 19720

Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,025
Sq. Ft.

Listed by Easy List Solutions LLC, David Vetri

41 Holcomb Ln, New Castle, DE 19720 - Photo 1

Price Reduced

-$4,000 (-11.43%)

$31,000

41 Holcomb Ln New Castle, DE 19720

Lots/Land
Active
Updated 2 hours ago

0.11
Acres

Listed by Long & Foster Real Estate, Inc., Clark M Edouard

60 Walnut Street, Salem, NJ 08079 (MLS# NJSA2018904) is a Single Family property that was sold at $165,000 on September 11, 2026. This property was sold by Kenneth "Ken" LePosa from our Haddonfield Office.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.

60 Walnut St Salem, NJ 08079