$150,000
↓ $5K (3.2%)
●
House -
For Sale
256-258 SINNICKSON STREET
SALEM, NJ 08079
6 Beds
2 Baths
1,898 Ft²
$1,065
Est. Monthly
About This Property
Prime investment opportunity in the heart of Salem! This
side-by-side duplex at 256–258 Sinnickson St offers two generously
sized units, each with strong income potential and versatility for
both investors and owner-occupants alike. Recently renovated
throughout, both units showcase modern upgrades, updated finishes,
and are completely move-in ready.
Each side features a practical layout with its own private entrance, providing the perfect setup to generate rental income or occupy one unit while leasing the other. Conveniently situated near schools, shopping, public transportation, and major highways, the location supports steady rental demand and future appreciation.
Whether you're adding to your investment portfolio or searching for a turnkey multi-family property, this updated duplex presents a solid combination of value, reliability, and long-term potential.
Each side features a practical layout with its own private entrance, providing the perfect setup to generate rental income or occupy one unit while leasing the other. Conveniently situated near schools, shopping, public transportation, and major highways, the location supports steady rental demand and future appreciation.
Whether you're adding to your investment portfolio or searching for a turnkey multi-family property, this updated duplex presents a solid combination of value, reliability, and long-term potential.
Unit Size
1,898 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$79
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1920
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Bright MLS #NJSA2018872)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$150,000
↓ $5K
(3.2%) | |
| Price Decreased | |||
| Aug 29, 2026 | Relisted | $155,000 | |
| Relisted | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$155,000
↓ $3K
(2.1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$158,250
↓ $2K
(1.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 2
Basement: Full
Exterior Details
Square Footage: 1898
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Estimated
Year Built: 1920
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Wood Siding
Lot Size Area: 2613.6
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Lot Size Dimensions: 35.00 x 72.00
Tax Lot: 00017
Water Source: Public
Financial Details
Tax Assessed Value: $45,600
Tax Annual Amount: $3,934
Utilities Details
Cooling Type: None
Heating Type: 90% Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
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HOA + Taxes
About Salem
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Listed by: Allegra D. Lyndell
Keller Williams - Main Street
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJSA2018872
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams - Main Street
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJSA2018872
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