South Jersey Real Estate Investors Association


99 Chestnut St, Salem, NJ 08079

Single Family / 2 Bedroom(s)

Property Status:  For Sale | $80,000.00 | 


Property Photos


**Investor Opportunity in Salem, NJ – 99 Chestnut St**


Property Status:
For Sale | $80,000.00
Property Details:
Single Family / 2 BR
Property Style:
Duplex
Finished Sq Ft:
1,032
Basement:
Unfinished Basement
Owner / Agent:
Real Estate Agent
Property Features:
No Property Features Listed.
Contact Info
Marty Moves You
(732) 259-2950

View on Individual's Website
Property Description:

🔑 **Investor Opportunity!** 🔑


Welcome to 99 Chestnut St, Salem, NJ – the perfect addition to your investment portfolio! This 2-bedroom, 1-bath home offers 1,032 square feet of potential, with an attic that could be easily converted into a 3rd bedroom. Situated on a .05-acre lot, this property needs some TLC but has all the right features to become a high-yield rental or a profitable flip.


🏠 **Key Features:**

- **2 Beds, 1 Bath** with space to expand

- **Attic** – perfect for adding a 3rd bedroom

- **Public Water & Sewer** – no hassle with private utilities

- **Oil Heating** – efficient and reliable

- **ARV: $150K** – strong after-repair value in the area

- **Repair Estimate: $50K** – budget-friendly rehab project

- **Potential Rents: $1,750/month** – excellent rental income

- **Taxes Under $2,000/year** – low carrying costs

- **Investor-Friendly** – great for landlords and flippers alike


With its solid bones and desirable location, 99 Chestnut St is a 'landlord special' that won’t last long. Whether you're a seasoned investor or just getting started, this property offers incredible value and potential for growth. Don't miss out on this golden opportunity!

 

Comps 

14 Church St Salem, NJ 08079 $149.9K

31 Eighth St Salem, NJ 08079 $154.4K
118 8Th St, Salem, NJ 08079-1013 $150K


📞 **Contact me today to schedule a viewing and explore the possibilities!**


Martin Dunlap, Realtor  

HomeSmart First Advantage  

Office: 856.666.3000  

Mobile: 732.259.2950  

Email: MartyMovesYou@gmail.com  

Website: martindunlapjr.homesmartnewjersey.com



Legal Disclaimer:
South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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