Property summary
This Salem, NJ multifamily property presents a compelling investment opportunity. Priced at $150,000, this fee-simple twin home boasts a 9.95% cap rate and a strong net operating income (NOI) of $14,920. Currently 100% occupied since May 3, 2023, the property generates a monthly rental income of $1,850. The 1,454 square foot building, constructed in 1900 and extensively renovated in 2023, features four bedrooms and one bathroom. Situated on a 3,258 square foot lot, the property is zoned… residential. Recent improvements include a new roof (2022-2023) and new windows. The tenant is currently under a Section 8 subsidy program, ensuring consistent rental income. While the property is sold "as is," the current Certificate of Occupancy is valid. Should the city require a new CO, the buyer will be responsible for any necessary repairs. Note that all inspections are for informational purposes only, and interior photos reflect the property's condition prior to the tenant's move-in to respect their privacy. This turnkey investment offers immediate cash flow and significant potential for future appreciation in the desirable Salem, NJ market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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