$140,000
●
House -
For Sale
26 SEVENTH STREET
SALEM, NJ 08079
3 Beds
1 Bath
1,128 Ft²
$891
Est. Monthly
About This Property
Welcome to 26 7th St in Salem, NJ! This recently cosmetically
updated 3-bedroom, 1-bathroom home offers a great opportunity for
both homeowners and investors alike. The home features a refreshed
interior with updates that give the property a clean, inviting feel
while maintaining plenty of potential for you to make it your own.
With three bedrooms and a functional layout, there is ample space
for comfortable everyday living. For investors, the property also
offers attractive rental potential, with HUD rental data indicating
approximately $1,750 per month for a 3-bedroom home in the area;
buyers should verify current rents and program requirements
independently. Whether you're looking for an affordable place to
call home or an income-producing property, 26 7th St is worth a
look.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$124
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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: 16 days ago (Bright MLS #NJSA2020136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by Keller Williams - Main Street | $140,000 | |
| Listed by Keller Williams - Main Street | |||
| Aug 8, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2021 | Price Decreased |
$90,000
↓ $5K
(5.3%) | |
| Price Decreased | |||
| May 1, 2021 | Relisted | $95,000 | |
| Relisted | |||
| Apr 11, 2021 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Appliances: Refrigerator, Gas Oven
Flooring Type: Vinyl
Basement: Unfinished
Exterior Details
Square Footage: 1128
Square Footage Source: $0
Property Condition: Good, Very Good
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1925
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding
Lot Size Area: 9178
Lot Size Units: Square Feet
Lot Size Acres: 0.21
Lot Size Square Feet: 9178
Tax Lot: 00008
Water Source: Public
Financial Details
Tax Assessed Value: $28,200
Tax Annual Amount: $2,433
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salem
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Listed by: Austin Nicholas Wuest
Keller Williams - Main Street
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJSA2020136
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: 11 hours ago
Data Source: Bright MLS , MLS# NJSA2020136
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