🏠 Two-Family Home in NJ!

Gary Properties

30-32 7th St, Salem, NJ 08079

Asking Price: $160k

ARV: $185k

A turn-key Two-Family home in the heart of Salem, NJ. New Roof, New Paint and New Carpet. No central air, heat works perfectly. Has an attic and basement. Electric panels, heating unit and hot water unit for both units located in the basement.

Cash flows $2,000 monthly and has very low taxes and maintenance! Each unit has 3 bedrooms and one bathroom. Both tenants are in good standing. Brand new roof, painting and carpets. Everything in both units work/function perfectly.

• 6 bedroom

• 2 bathroom

• 4,000 sq ft

• Roof Replaced 2022

Comps:

1. 229-231 Gibbon St, Salem, NJ 08079

(2) 3 bed 1 bath units side-by-side 2,380 SqFt.

This home last sold for $185,000 on Apr 13, 2022.

2. 225-227 Gibbon St, Salem, NJ 08079

(2) 2 bed 1 bath units side-by-side 2,380 SqFt.

This home last sold for $185,000 on Apr 13, 2022.

3. 118-120 Hubbell Ave, Salem,NJ08079

(2) 3 bed 1 bath units side-by-side 2,363 SqFt

This home last sold for $110,000 on Apr 6, 2022.

Want to make an offer?

Please text message Mike at (856) 426-1166 or email [email protected]

Final price negotiable. If multiple offers are received, best and final will be accepted. Offer acceptance prioritized based on proof of funds.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.