Property photo 1
Property photo 2
5 Beds
2 Baths
2,473 sqft

$177,000

78 WALNUT STREET, SALEM NJ, 08079

Price per sqft$71.57
Built in1910
Property size2,473 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Jul 17, 2026

Updated 3 days ago

Attention! The seller is requesting highest and best offers by Friday, Sept 25th no later than 5pm eastern standard time. This property offers exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. The floor plan is interchangeable with an open layout, which can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. The property will be delivered vacant, with both units available to be rented with an estimated rental income of potentially $3,000–$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem’s historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don’t miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today!

$1,178/mo

Est. mortgage payment based on a $177,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NJSA2019582

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$5,194
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Hi-Level Real Estate LLC
Listing Contact: 9146482418 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/5/2026 at 3:45 AM UTC

 

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