6 Salem Ave | Image 1
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$315,000

For Sale

14 days ago

6 Salem Ave, Newfield, NJ

House

MLS® NJGL2074554

0 Bed

0 Bath

1440 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1440 sqft
Garage Yes
Taxes $5,154
Days Active 13
Lot Size 0.19 Acres
Approx. Age 1904
Avg. Price Per Sqft $218
MLS® Number NJGL2074554

Property Address: 6 Salem Ave, NEWFIELD, NJ, 08344-9008

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY CASHFLOWING DUPLEX in NEWFIELD! This well-kept Buena Regional School District duplex has 2 bedrooms, 1 bathroom downstairs and 2 bedrooms, 1 bathroom upstairs. The total current rent roll is $2, 956.00 per month, which comes to $35, 472.00 annually, making this a very strong investment with great rental history. The tenants both also pay $25 per month each in additional rent (not included in the rent roll) to cover the water bill. The tenants both keep their units clean and tidy, and one unit is on an annual lease that runs through the end of the calendar year, while the other is month-to-month. Both units have their own electric and gas meters for easy utility management. The landlord is responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. Moreover, the property also includes a detached garage that can be rented separately for even more income. If you've been looking for a strong and stable multi-family property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!
MLS® NumberNJGL2074554
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1904
BasementFull, Unfinished
DrivewayDriveway, Detached Garage
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$315,000List Price
  • Commute

Commute

Starting Address
Destination Address
6 Salem Ave, Newfield, NJ

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