78 Walnut Street, Salem, NJ 08079 - Photo 1

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$215,000 Just Listed

For Sale
Active
Single Family
2,473 Sq. Ft.
Updated 4 hours ago

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Property Description

PROPERTY IS IN USDA ELIGIBLE AREA - 0% down. - property is set up as a duplex but can be converted easily back into a single family. 78 Walnut presents an exceptional opportunity for homeowners and investors alike, offering both versatility and strong potential. This fully renovated property features a spacious layout, solid structure, and a true turnkey opportunity. The home includes two full bathrooms and a kitchen on each level, making it ideal for flexible living arrangements. It can be configured as a two-family residence with two bedrooms per unit, or enjoyed as a single-family home with up to FIVE bedrooms plus a dedicated office/den or recreation room, accommodating a variety of lifestyle needs. Heating is provided via forced air on one level and baseboard heating on the other, and window A/C units are utilized for cooling. Enjoy outdoor living with a sundeck, inviting porch, and a large backyard, perfect for hosting gatherings and entertaining. Inside, a full, unfinished basement and attic provide ample storage space and potential for future expansion. Conveniently located near local shops, schools, public transportation, and major roadways, 78 Walnut combines everyday accessibility with small-town charm. Whether you're seeking a primary residence, multi-generational living, or an income-producing investment, this property offers significant upside potential.

Full Property Details

Full Property Details for 78 Walnut St

General

Price: $215,000
Taxes: $5,194 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2019040
Updated: Today (5/22/2026)
Added to Site: Today

Interior

Number of Rooms: 6
Interior Features: 2nd Kitchen, Carpet, Floor Plan - Traditional, Kitchen - Country, Wood Floors, Additional Stairway, Attic, Built-Ins, Ceiling Fan(s), Formal/Separate Dining Room, Bathroom - Tub Shower
Appliances: Stove, Refrigerator, Range Hood
Flooring: Vinyl, Wood

Exterior

Exterior Features: Sidewalks, Street Lights, Exterior Lighting

Parking

Parking Type: On Street

Location

Area: Salem City (21713)
Municipality: SALEM CITY
County: SALEM
Cross Streets: Smith
Driving Directions: GPS
Location Details: Corner Lot/Unit

School Information

School District: Salem City Schools

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air
Heating Fuel: Propane - Leased
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV

Structural Information

Architectural Style: Colonial
Structure Type: Detached
Construction: Frame, Aluminum Siding
Basement: Yes
Basement Desc.: Partial, Unfinished
Foundation: Brick/Mortar
Roof: Shingle
Square Feet: 2,473
Sq. Ft. Source: Estimated
Living Area: 2,473 Sq. Ft.
Finished Above Grnd: 2,473 Sq. Ft.
Year Built: 1910
Year Built Source: Estimated

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,995
Lot Size Source: Estimated
Lot Dimensions: 45.00 x 111.00
Zoning: RES
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $86.94
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $60,200
Tax Amount: $5,194
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Exclusions: personal belongings
Lot Number: 4

Listed by Keller Williams Liberty Place, Alyce Gerhardt

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Listing agent

— 78 Walnut St —

Alyce Gerhardt

Keller Williams Liberty Place

Listing Office Email: klrw903@kw.com

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Schools

Schools serving 78 Walnut St

School District:Salem City School District

Name	Grades	Distance
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079	PK-2	0.1 mi
Salem Middle School 51 New Market Street, Salem, NJ 08079	3-8	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 78 Walnut St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/22/2026

Listed

$215,000

362.37%

MLS

9/15/2020

Sold

$46,500

—

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 78 Walnut St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,950

9%

$60,200

—

2022

$4,525

-1%

$60,200

—

2022

$4,581

—

$60,200

-5%

2021

$4,594

5%

$63,300

—

2018

$4,377

-2%

$63,300

—

2019

$4,475

4%

$63,300

—

2017

$4,323

4%

$63,300

-40%

2016

$4,155

1%

$106,100

—

2015

$4,102

-12%

$106,100

—

2013

$4,676

—

$106,100

—

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 78 Walnut St

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78 Walnut Street, Salem, NJ 08079 (MLS# NJSA2019040) is a Single Family property with 0 bedrooms and 0 full bathrooms. 78 Walnut Street is currently listed for $215,000 and was received on May 22, 2026. Want to learn more about 78 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.

78 Walnut St Salem, NJ 08079