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6 Salem Ave, Newfield, NJ 08344

Newfield
Local realty services provided by:CENTURY 21 Alliance
6 Salem Ave,Newfield, NJ 08344
$315,000
  • 4 Beds
  • - Baths
  • 1,440 sq. ft.
  • Multi-family
  • Active
Listed by: michael depalma
Office: depalma realty
MLS#:NJGL2074554
Source:BRIGHTMLS

Price summary

  • Price:$315,000
  • Price per sq. ft.:$218.75

About this home

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...

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Home facts

  • Year built:1904
  • Listing ID #:NJGL2074554
  • Added:1 day(s) ago
  • Updated:June 14, 2026 at 10:20 AM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:1,440 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1904
  • Building area:1,440 sq. ft.
  • Lot area:0.19 Acres
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:On Site Septic

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$218.75
  • Tax amount:$5,154 (2025)

Parking

  • Parking description:Detached Garage, Garage - Front Entry
  • Garage:Yes
  • Garage spaces:2

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