$200,000
●
House -
Off Market
26 OLIVE STREET
SALEM, NJ 08079
4 Beds
1 Bath
2,164 Ft²
$929
Est. Monthly
About This Property
Welcome home to 26 Olive Street! This beautiful 4 bedroom 1 bath
home is ready for you to move right in! As you enter you will
notice hardwood oak floors throughout leading you into the spacious
living room that has plenty of windows for natural lighting. Once
you enter the kitchen you will notice all new cabinetry and brand
new stainless steel appliances! There is a New Fridge, New Stove,
and a New Microwave! Upstairs you will find 4 bedrooms and a
bathroom with a walk in shower that has porcelain tiles. This home
has New Plumbing, New Heating and Cooling with 2 zones (One
upstairs and One Downstairs) New Water Heater, New Vents and
Ductworks, New Siding and a New Roof! Walking distance from the
Olive Street Community Garden where you can learn how to grow fresh
vegetables and how to garden! Close to developing downtown Salem
and highway 295 and the Delaware Memorial Bridge for convenient
travel! Schedule an appointment to view today!
Unit Size
2,164 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$87
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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: 8 months ago (Bright MLS #NJSA2017776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by Real Broker, LLC | $189,000 | |
| Listed by Real Broker, LLC | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Salem
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Listed by: Bradley Perez
Real Broker, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJSA2017776
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.
Real Broker, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJSA2017776
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