$235,000
●
House -
For Sale
50 WALNUT STREET
SALEM, NJ 08079
5 Beds
2 Baths,
1
Half Bath
1,460 Ft²
$1,526
Est. Monthly
About This Property
Welcome home to 50 Walnut St, Salem! This spacious 5-bedroom,
2.5-bath home is truly move-in ready and features HUGE bedrooms
with plenty of space for everyone! Enjoy the flexibility of
off-street parking right in front of the house, or pull around to
the back entrance and park directly into your 3 car your garage! As
you enter the home you will notice sunlight pouring in through
oversized windows, highlighting beautiful new porcelain tile
flooring throughout. The kitchen features dark wood cabinetry
paired with stainless steel appliances - perfect for cooking and
entertaining! Head toward the back of the home to find a convenient
laundry room that has a utility sink and folding table, plus a full
bathroom with a shower and a relaxing jacuzzi tub! This home also
has a brand new roof and a new boiler! Step outside to a fully
fenced-in backyard offering privacy and space to unwind. The
oversized 3-car garage is a standout, with additional storage space
upstairs for all your extra belongings! Close to I-295 for easy
commute and within a short walking distance of the Amazing BNS Deli
and other local favorites, Bravos Pizza, Pats Pizza, and Welcome
Chinese! Schedule an appointment to view today!!
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$161
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1890
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 #NJSA2020310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by Real Broker, LLC | $235,000 | |
| Listed by Real Broker, LLC | |||
| Oct 31, 2014 | Sold | ||
| Sold | |||
| Jun 9, 2014 | Listed by American Dream Realty of South Jersey | $30,000 | |
| Listed by American Dream Realty of South Jersey | |||
| | |||
|
Vintage Victorian located in an area that is going to have an uplift by the city. This house has its original ginger bread and wood exterior. Inside has 4 inch pine flooring that will be beautiful once refinished. A new gas heater and hot water heater were installed in 2008. Schools are within walking distance as are many other amenities. Enjoy Sitting on the front porch.Owner very interested in selling. Public bus service is available as is easy access to major highways.Interstate 295, NJ Turnpike and Delaware. Back yard has a covered patio with a fenced in yard. Also there is a carport on side of house. This piece of the past is waiting for you. For the handyman there is a very large garage-workshop with easy access from the alley in back of property. Owner will consider all offers. Being sold as is. No known major repairs.
| |||
Property Highlights
Parking Details
Parking Features: Other
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Skylight(s)
Basement: Full
Exterior Details
Square Footage: 1460
Square Footage Source: $0
Architectural Style: Victorian
Year Built Source: Estimated
Year Built: 1924
Levels: 2
Other Structures: Above Grade
Construction Materials: Wood Siding
Lot Size Area: 5400
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5400
Tax Lot: 00006
Water Source: Public
Financial Details
Tax Assessed Value: $116,000
Tax Annual Amount: $4,461
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
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: Bradley Perez
Real Broker, LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJSA2020310
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# NJSA2020310
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