Salem Triplex with Long-Term Tenants

59 MARKET Street Salem, NJ 08079

Claim this Listing
For Sale
$225,000

MULTI_FAMILY - Other - SALEM, NJ

Property size:
3,437 SF
Lot size:
0.28 Acres
Price / SF:
$65/SF
Added:
Oct 10, 2025
Days on Market:
276
Last Refresh:
Jul 12 at 4:06 am

Property Features for 59 MARKET Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
3
Parking features
On Street, Driveway
Standard status
Active
Size
3,437 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Annual Amount
5903

Utilities

Heating system
Other (Heating)
Cooling system
Window Unit(s)

Building Details

Year built
1820
Number of units
1
Building materials
Frame
Architectural style
Other

Listing agent Richard Eber License #449857

Listing office Keller Williams Hometown 120 Center Square Road unit: 203, Swedesboro, NJ

Listing date Oct 10, 2025

MLS# NJSA2016616 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This triplex is located in Salem, New Jersey. It features three units with long-term tenants. All Certificates of Occupancy are in place, and Lead-Based Paint inspections are current. Two of the units have one bedroom and one bathroom each. The third unit includes three bedrooms, one full bathroom, and one half bathroom. Each unit has a separate electric meter, with tenants responsible for their electric bills. The property is situated on a lot measuring 0.2752 acres and the building size is 3,437 square feet.

Key Highlights

  • Tri‑plex with 3 units and long‑term tenants
  • Unit mix: two 1 bed/1 bath units and one 3 bed/1 full bath and 1 half bath unit
  • COs are in place; LBP inspections are current

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Baked by Bay Bakery

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage Electrical Service Kitchen & Bath Showroom HVAC Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex in Salem with long-term tenants and separate electric meters.
Where is this triplex located?
The property is located at 59 MARKET Street Salem, NJ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Tri‑plex with 3 units and long‑term tenants; Unit mix: two 1 bed/1 bath units and one 3 bed/1 full bath and 1 half bath unit; COs are in place; LBP inspections are current
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