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78 Walnut St, Salem, NJ, 08079

5beds
2baths
2,473sqft
$215,000
$87price/sqft
$1,914/moest. monthly cost
$76,560/yrincome needed

About This Home

78 Walnut presents an exceptional opportunity for homeowners and investors alike, offering both versatility and strong potential. This fully renovated property features a spacious layout, solid structure, and a true turnkey opportunity. The home includes two full bathrooms and a kitchen on each level, making it ideal for flexible living arrangements. It can be configured as a two-family residence with two bedrooms per unit, or enjoyed as a single-family home with up to FIVE bedrooms plus a dedicated office/den or recreation room, accommodating a variety of lifestyle needs. Heating is provided via forced air on one level and baseboard heating on the other, and window A/C units are utilized for cooling. Enjoy outdoor living with a sundeck, inviting porch, and a large backyard, perfect for hosting gatherings and entertaining. Inside, a full, unfinished basement and attic provide ample storage space and potential for future expansion. Conveniently located near local shops, schools, public transportation, and major roadways, 78 Walnut combines everyday accessibility with small-town charm. Whether you’re seeking a primary residence, multi-generational living, or an income-producing investment, this property offers significant upside potential.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

3/10
Salem Middle SchoolGrades 3-80.2 mi
5/10
Salem High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Refrigerator,Range Hood,Electric Water Heater
  • Laundry features: Main Level,Hookup

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom1

  • Level: Upper

Bedroom1

  • Level: Main
  • Area: 143
  • Dimensions: 11 X 13

Bedroom2

  • Level: Main
  • Area: 130
  • Dimensions: 10 X 13

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12 X 12

Features

  • 2nd Kitchen,Floor Plan - Traditional,Kitchen - Country,Additional Stairway,Attic,Built-in Features,Ceiling Fan(s),Formal/Separate Dining Room,Bathroom - Tub Shower
  • Flooring: Vinyl,Wood,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 2,473

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: None

Interior Area

  • Total structure area: 2,473
  • Total interior livable area: 2,473 sqft

Kitchen

  • Features: Flooring - Vinyl,Kitchen - Electric Cooking
  • Level: Main
  • Area: 108
  • Dimensions: 9 X 12

Kitchen

  • Level: Upper

Living Room

  • Level: Main
  • Area: 169
  • Dimensions: 13 X 13

Living Room

  • Level: Upper

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 130008600004
  • Zoning: RES
  • Special condition: Standard
  • Exclusions: Personal Belongings

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Sidewalks,Street Lights,Lighting
  • Fencing: Chain Link

Lot

  • Lot size: 4,995 sqft
  • Features: Corner Lot,Corner Lot/Unit
  • Lot size dimensions: 45.00 x 111.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes