5 Olive St, SALEM, NJ 08079

Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
5 Olive St,SALEM, NJ 08079
$115,000
  • 2 Beds
  • 1 Baths
  • 884 sq. ft.
  • Single family
  • Active
Listed by:christine boysen
Office:vylla home
MLS#:NJSA2016204
Source:BRIGHTMLS

Price summary

  • Price:$115,000
  • Price per sq. ft.:$130.09

About this home

Investor's Dream – Immediate Income with Strong ROI! Welcome to 5 Olive, a fully rented and well-maintained single-family rental property offering strong monthly cash flow and minimal maintenance. This is a turnkey investment opportunity with cash-paying tenants already in place, making it perfect for both new and seasoned investors. New Furnace • Mini-Split A/C System Added • New floors + Fresh Paint • Newer Roof – No major capital improvements needed This property is ideal for buy-and-hold investors looking for a low-risk, income-producing asset. The home is in solid condition, with updated mechanicals and consistent rental income, offering hassle-free ownership. With a tenant already in place, you’ll start seeing returns immediately. Contact Listing agent to schedule your showing today!

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Home facts

  • Year built:1920
  • Listing ID #:NJSA2016204
  • Added:6 day(s) ago
  • Updated:September 15, 2025 at 02:13 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:884 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Building area:884 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$130.09
  • Tax amount:$2,787 (2024)