78 Walnut St, Salem, NJ 08079
Local realty services provided by:CENTURY 21 New Millennium
78 Walnut St,Salem, NJ 08079
$220,000
- 5 Beds
- 2 Baths
- 2,473 sq. ft.
- Single family
- Active
Listed by: wendy sparks
Office: exp realty, llc.
MLS#:NJSA2019252
Source:BRIGHTMLS
Price summary
- Price:$220,000
- Price per sq. ft.:$88.96
About this home
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....
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Home facts
- Year built:1910
- Listing ID #:NJSA2019252
- Added:1 day(s) ago
- Updated:June 14, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Vinyl, Wood
- Dining Description:Dining Room, Formal/Separate Dining Room
- Bathrooms Description:Bathroom 2, Bathroom 3
- Kitchen Description:2nd Kitchen, Carpet, Range Hood, Refrigerator, Stove
- Bedroom Description:Carpet
- Basement:Yes
- Basement Description:Partial, Unfinished
- Living area:2,473 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Forced Air, Propane - Leased
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:2,473 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner, Corner Lot/Unit
- Architectural Style:Colonial
- Construction Materials:Aluminum Siding
- Exterior Features:Exterior Lighting, Sidewalks, Street Lights
- Foundation Description:Brick/Mortar
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$88.96
- Tax amount:$5,194 (2025)
Features and amenities
- Amenities:Attic, Cable TV, Carpet, Ceiling Fan(s)
Parking
- Parking description:On Street
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