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Listed price in listed location currency (USD).
$220,000

520

MLS® NJSA2019252

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2473 sqft
Garage 
Taxes $5,194
Days Active 2
Lot Size 0.11 Acres
Approx. Age 1910
Avg. Price Per Sqft $88
MLS® Number NJSA2019252

Property Address: 78 Walnut St, SALEM, NJ, 08079-1747

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

Description

78 Walnut Street, Salem, NJ offers exceptional flexibility and value with plenty of room to grow. This spacious home features 5 bedrooms and 2 full bathrooms, making it an excellent opportunity for a growing household, multigenerational living arrangement, or savvy investor seeking rental potential. The property can be enjoyed as a traditional single-family residence or utilized as a two-unit setup, thanks to the separate stairwell providing direct access to the second floor. Whether you're searching for extra living space or an income-producing opportunity, this home provides options to fit your needs. Additional features include a walk-up attic and full basement offering abundant storage space, a newer roof, and leased solar panels to help offset utility costs. The first floor is heated by propane forced air, while the second floor is equipped with electric baseboard heat, allowing for independent comfort throughout the home. Alternatively, the property can be enjoyed as a spacious single-family residence offering up to 5 bedrooms and 2 full bathrooms, ideal for those in need of extra space. As a single-family rental, estimated market rents may range from $1, 900 to $2, 200 per month, subject to condition and amenities. Conveniently located in the heart of Salem City, this property is close to local shops, dining, parks, and major commuting routes. Whether you're an investor looking to expand your portfolio or a homeowner in need of more space, 78 Walnut Street is a property full of possibilities. Salem City students may also benefit from opportunities offered through the Forman S. Acton Educational Foundation, which provides scholarships, educational programming, and college support for eligible Salem City students. Don't miss your chance to explore all that this versatile Salem City property has to offer! Schedule your private tour today.
MLS® NumberNJSA2019252
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementPartial, Unfinished
DrivewayOn Street
Garage Spaces
HeatForced Air, Baseboard - Electric, Propane - Leased
A/CNone

Extras

Rooms

Other:Not available
Basement:Not available
Other:Not available
Kitchen:9 × 12 ft
Bedroom 3:11 × 13 ft
Living Room:13 × 13 ft
Dining Room:12 × 12 ft
Bedroom 2:10 × 13 ft
Bedroom 1:Not available
Bathroom 2:Not available
Bathroom 3:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$220,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 21, 2026List Date
$215,000List Price

Home Appraisal

This property is estimated to sell between: $169,000 and $246,000.
Similar properties in this area sold on average for: $169,571
Expected to sell in 110 days. Similar properties sold in 112 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
78 Walnut St, Salem, NJ

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