NJ
GLOUCESTER
NEWFIELD
08344
6 SALEM AVENUE
6 SALEM AVENUE, NEWFIELD, NJ 08344
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Listing Type
Multi Family
Listing Status
Active
32
$315,000

Home Details for 6 SALEM AVENUE

Price
$315,000
Type
Residential Income
Bedrooms
4
Square feet
1440
Year built
1904
Lot size acres
0.19
County
GLOUCESTER
Garage
2
Basement
Full, Unfinished
MLS Listing#
NJGL2074554
Property Description

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 $2,706.00 per month, which comes to $32,472.00 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 property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!

Property Features
  • Parking
    • Garage
    • Driveway
    • Detached
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: DePalma Realty - 856-825-5500
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Last Updated: 2026-06-13 09:02:52
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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