Pending Duplex MLS# NJGL2078604

300 SALEM AVE

NEWFIELD, NJ 08344

$250,000

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About 300 SALEM AVE

Investor opportunity in Newfield! 300 Salem Ave is a duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently occupied by long-standing tenants on month-to-month leases who would like to remain, making this a great opportunity for an investor looking to add an income-producing property to their portfolio. Includes adjoining land lot at 364 Salem Ave, Vineland (#NJCB2033252) for a total of 1.18 acres.

With tenants already in place, the property offers immediate rental potential along with the opportunity to make updates and improvements over time. The asking price reflects the current condition, giving the next owner room to add value and maximize the property's potential.

Property is being sold strictly AS IS, with the seller making no repairs or improvements. Buyer is responsible for all inspections, certifications, and lender or municipal requirements. Seller is motivated and welcomes serious offers. Whether you're expanding an existing portfolio or looking for your next investment property, 300 Salem Ave is one to check out!

Please DO NOT approach property with confirmed appointment with agent.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Pending
Year built
1920
Living area
1,632 sqft
Price / sqft
$153
Lot
0.58
Original price
$250,000
MLS #
NJGL2078604

Interior

Features
true, Radiator, Forced Air, Natural Gas, Oil, Full, Outside entrance
Heating
true, Radiator, Forced Air

Exterior & lot

Features
Other, Above Grade, Below Grade
Construction
Frame, Block
Foundation
Block
Lot
R2, 13-00105-00016

Schools

District
Newfield Elementary School District

Utilities

Utilities
On Site Septic, Public
Water
Public
Sewer
On Site Septic

Financial

Financial
BRIGHT_MAIN, As Is
Annual tax
$4,618
Tax year
2025
Parcel
13-00105-00016

Location

Area
Newfield Boro (20813)
County
GLOUCESTER-NJ
Community
GLOUCESTER-NJ, BRIGHT_MAIN, BUENA REGIONAL SCHOOLS
Directions
Located on corner of Salem Ave & Oakland Ave.

Location

School district
Newfield Elementary School District

Ask about this property

Questions on 300 SALEM AVE, NEWFIELD, NJ 08344, or want to see it in person?

Listed by Jill Santandrea, EXIT Realty Defined

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.