Salem, NJ 08079 204 Wesley Street
$195,000
51 more
Presented By: Exit Homestead Realty Professionals
Beds • 3
Home Details
Duplex for Sale Great Investment or Owner-Occupant Opportunity!
Address: 204-206 Wesley St Salem NJ
Single Deed Both Units Included
This duplex is a fantastic opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a solid rental property. Property is being sold as is all inspection are for buyers information only this includes certificate of occupancy for 204 side. 206 Has current CO for tenant that is in place.
Property Details:
Unit 204: 3 Bedrooms | 1 Bathroom
Possible laundry room off kitchen
living room & dining room
Recently vacated
Unit 206: 4 Bedrooms | 1 Bathroom
Living room, kitchen, and dining room
Tenant-occupied (Section 8 tenant) Immediate rental income
Additional Features:
Both units have an unfinished basement
Pictures reflect pre-tenant occupancy
Great rental potential in a growing market
Whether youre looking for a place to call home with rental income potential or a turnkey investment, this duplex is a must-see! Schedule your viewing today.
Presented By: Exit Homestead Realty Professionals
Interior Features for 204 Wesley Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Laminate Plank
Furnished UnitsSome
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2
General for 204 Wesley Street
Acceptable FinancingCash, Conventional, FHA 203(k)
Accessibility2+ Access Exits
AppliancesOven/Range - Electric, Refrigerator
Architectural StyleA-Frame
Association Recreation FeeN
CitySALEM
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingNone
CountySALEM
DirectionsBroadway, turn onto Chestnut St. and left onto Wesley St.
DisclosuresNone
Electric100 Amp Service
ExclusionsAll items considered tenants personal property
Garage Y/NNo
Gross Income30480.00
HeatingBaseboard - Electric
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense1318.00
Lot Size Square Feet5040.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
MaintenanceExpense1000.00
ModificationTimestamp2025-04-15T13:32:59
MunicipalitySALEM CITY
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
NumberOfUnitsVacant1
One Bedroom Units Count
Operating Expense1400.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 2
OwnerPaysInsurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG75.82
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofArchitectural Shingle
School DistrictSALEM CITY SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount4423.0
Tax Assessed Value53800.0
Tax Lot00025
Tax Year2024
Total Actual Rent30480.00
Total Rooms16
Total SQFT2572
Two Bedroom0
UtilitiesNatural Gas Available, Cable TV
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRESIDENTIAL
Exterior for 204 Wesley Street
Foundation DetailsBrick/Mortar
InclusionsAll items not considered tenants personal property
Land Assessed Value8400.00
Land Use Code
Lot Dimensions35.00 x 144.00
Lot Size Acres0.12
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ramiro Garcia
Realtor