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Duplex with Three-Bedroom Units
For Sale
$130,000

118-120 Hubbell Avenue, Salem, NJ 08001

Each residence includes three bedrooms and one bathroom.

Property Size2,363 SF
Price / SF$55.01
Days on Market15

Property Features for 118-120 Hubbell Avenue

General Information

Standard status Active
Size 2,363 SF
Property subtype Multi Family Home
Zoning R-1

Property Condition

Severity Repairs Needed
Evidence in need of some TLC!

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,460

Building Details

Building Size 2,363 SF
Year Built 1946
Units 2
Listing Agency: Keller Williams Realty
Listed By: Aidan Dane Williamson · License #2192512
Source: Allfirstrealty
Added: Oct 9 Changed: Oct 22 Last Checked: Oct 22 at 2:26PM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

Built in 1946, this 2,363-square-foot duplex contains two residences, each arranged with three bedrooms and one bathroom. The property is zoned R-1.

One residence is occupied under a yearly lease, while the other is vacant and needs some work. The occupied unit can be viewed with advance notice; appointments are available for the vacant unit.

Key Highlights

  • Two residences, each with 3 bedrooms and 1 bathroom
  • 2,363 square feet; built in 1946
  • R‑1 zoning

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 08001, NJ

858
Population
359
Households
2.4
Avg Household Size
46
Median Age
16%
College-Educated
100%
High-School Grad
3.3 sq mi
ZIP Area
260
Density / Sq Mi
$138,799
Median Household Income
$40,871
Median Earnings
$282,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence includes three bedrooms and one bathroom.
Where is this duplex located?
The property is located at 118-120 Hubbell Avenue Salem, NJ.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 2,363 square feet; built in 1946; R‑1 zoning
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