159-161 GRANT Street, Salem, NJ 08079
MULTI_FAMILY - SALEM, NJ
Property Features for 159-161 GRANT Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Located in Salem, NJ, the property is described as being convenient to downtown Salem, major commuting routes, shopping, and public transportation. This makes the asset practical for investors and owner-operators focused on a straightforward residential income profile. Septic improvements are currently underway, which may factor into planning for the next owner.
For value-add buyers, builders, and investors, this duplex presents an opportunity to renovate and reposition a two-unit asset with multiple deeded lots included in the sale. With two full bathrooms across the units and a full basement for added function, the layout may support a range of tenant setups, subject to verification during due diligence. Given the as-is sale terms and active septic work, prospective buyers should plan accordingly for inspections and permitting.
Key Highlights
- Multi‑family duplex with 2 separate units, offering 6 bedrooms and 2 full bathrooms total
- Two separately deeded lots sold together with parking available in a parking lot
- Full basement provides additional storage and utility space
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 08079, NJ
Market
Vacancy Rate% for Multifamily in Northeast region