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Two-Unit Duplex with New Main Roof
For Sale
$155,000

107 Seventh St, Salem, NJ 08079

Two separate units require extensive rehabilitation and are offered strictly AS-IS.

Property Size3,900 SF
Price / SF$39.74
Days on Market65

Property Features for 107 Seventh St

General Information

Standard status Active
Size 3,900 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence requires extensive rehabilitation

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,291
Listing Agency: EXP Realty, LLC
Listed By: Amy M Sheldon · License #2079435
Source: Exprealty
Added: Aug 24 Changed: Oct 25 Last Checked: Oct 26 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this Salem duplex contains two separate residential units within approximately 3,900 square feet. The property requires extensive rehabilitation, giving the next owner the opportunity to rework the interiors and address deferred improvements. A main roof has been installed, while the front and rear porch roofs require further work.

Located at 107 7th Street in Salem, New Jersey, the property is being sold in its current condition. The transaction is limited to cash buyers, and the buyer will be responsible for inspections, certifications, repairs, and due diligence.

Key Highlights

  • Two separate residential units
  • Approximately 3,900 square feet
  • Built in 1920

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 08079, NJ

10,793
Population
5,213
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
88.7 sq mi
ZIP Area
122
Density / Sq Mi
$60,375
Median Household Income
$46,345
Median Earnings
$1,057
Median Rent
$180,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate units require extensive rehabilitation and are offered strictly AS-IS.
Where is this duplex located?
The property is located at 107 Seventh St Salem, NJ.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two separate residential units; Approximately 3,900 square feet; Built in 1920
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