3-Unit
For Sale
$225,000
59 MARKET Street, Salem, NJ 08079
Multi-Family, SALEM, NJ
Property Size3,437 SF
Lot Size0.28 Acres
Price / SF$65.46
Days on Market362
Property Features for 59 MARKET Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
3
Parking features
Driveway, On Street
Elementary school district
SALEM CITY SCHOOLS
Middle school district
SALEM CITY SCHOOLS
High school district
SALEM CITY SCHOOLS
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 Agency:
Keller Williams Hometown · Keller Williams Realty
(856) 241-4343
Listed By:
Richard Eber · License #449857
(856) 430-1320
Added: Oct 10, 2025
Changed: Sep 30
Last Checked: Oct 6 at 2:06PM
MLS# NJSA2016616
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 3,437-square-foot, frame-construction triplex dates to 1820 and contains three apartments. Two units each have one bedroom and one bathroom; the third offers three bedrooms, one full bathroom, and one half bathroom. A basement, window-unit cooling, and driveway and on-street parking are among the property’s features. The lot measures 0.2752 acres.
All certificates of occupancy are in place, and lead-based paint inspections are current. The long-term occupants pay their electric costs, with each unit served by a separate meter. Showings require advance notice to tenants; proof of funds or current mortgage approval is required before a showing request can be approved.
All certificates of occupancy are in place, and lead-based paint inspections are current. The long-term occupants pay their electric costs, with each unit served by a separate meter. Showings require advance notice to tenants; proof of funds or current mortgage approval is required before a showing request can be approved.
Key Highlights
- Three apartments: two 1‑bedroom/1‑bath units and one 3‑bedroom unit with 1 full and 1 half bathroom
- 3,437 square feet of building area on a 0.2752‑acre lot
- Built in 1820; frame construction
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The three apartments have a varied bedroom mix, and occupants pay electric through separate 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: Three apartments: two 1‑bedroom/1‑bath units and one 3‑bedroom unit with 1 full and 1 half bathroom; 3,437 square feet of building area on a 0.2752‑acre lot; Built in 1820; frame construction
