$150,000

162 Seventh St Salem, NJ 08079

$1,781
Closing credit¹
2,061 sqft
0.10 acres
$73 / sqft
Multi-Family

Property details

About 162 Seventh St

Discover an excellent investment opportunity in Salem, NJ! This duplex offers a perfect balance of immediate income and future potential. The lower unit consists of a well-maintained 2-bedroom, 1-bathroom apartment with reliable tenants already in place, while the upper level features a roomy 3-bedroom, 1-bathroom unit. With more than 2,000 sq ft of space, this property is a great for various investment strategies.

Highlights

Home typeDuplex
HeatingBaseboard
StatusActive
(ACTIVE)
Size2,061 sqft
BasementYes
Lot size0.1 Acres
Year built1906
ParkingOn Street
MLS #NJSA2014210

Summary

  • MLS Number: NJSA2014210
  • MLS Name: BRIGHT
  • Office Name: Society
  • Office Phone: (856) 229-7094
  • Listing Agent: Alexander Torres
  • Agent Phone: (267) 453-7919
  • Agent Email: altorealtor1@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front yard

$150,000

162 Seventh St

$1,781

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 23, 2024
Home Sold
$115,000
Mar 31, 2009
Home Sold
$65,000
Apr 18, 2006
Home Sold
$104,000
Jul 02, 2004
Home Sold
$48,000
Jun 07, 2001
Home Sold
$30,000

Tax history

YearAssessmentProperty Tax
2024$37,900$2,979
2022$37,900$2,884
2021$37,900$2,750
2020$37,900$2,695
2019$37,900$2,620

History based on county public records data.

Nearby schools

4

Penn Beach Elementary School

Public District 4-5

5.9 mi

96 Kansas Rd

5

Central Park Elementary School

Public District 2-3

6.6 mi

43 Oliver Ave

3

New Castle Elementary School

Public District KG-5

8.6 mi

903 Delaware St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,200. The majority of Salem, NJ residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

48%
<35k
34%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 162 Seventh St in Salem, NJ and zip code 08079. This 2,061 square foot home, which was built in 1906, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $150,000.

In March 2025 more than 3 listings in Salem, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Salem, NJ increased by 27.5% between February and March 2025. In March 2025 median list price was $195,000 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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