83 Union St & 56 Olive, SALEM, NJ 08079
Local realty services provided by:Better Homes and Gardens Real Estate Capital Area
83 Union St & 56 Olive,SALEM, NJ 08079
$259,000
- 5 Beds
- - Baths
- 2,172 sq. ft.
- Multi-family
- Active
Listed by:john rinick
Office:prime realty partners
MLS#:NJSA2015240
Source:BRIGHTMLS
Price summary
- Price:$259,000
- Price per sq. ft.:$119.24
About this home
Welcome to 83 Union & 56 Olive – A Rare Investment Opportunity!
This unique offering includes two duplexes on one parcel, effectively giving you a quadplex with strong income potential. All units are currently occupied by long-term tenants, providing immediate cash flow with plenty of room for future upside.
56 Olive features one 1-bedroom unit and one 2-bedroom unit.
83 Union includes two 1-bedroom units.
Each unit is separately metered for gas and electric, making management simple and expenses transparent. Whether you're looking to expand your portfolio or begin your real estate investment journey, this is a prime opportunity you don't want to miss.
Check agent remarks for the rent roll.
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Home facts
- Year built:1920
- Listing Id #:NJSA2015240
- Added:63 day(s) ago
- Updated:August 14, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:5
- Living area:2,172 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric, Natural Gas
Structure and exterior
- Year built:1920
- Building area:2,172 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$259,000
- Price per sq. ft.:$119.24
- Tax amount:$4,579 (2024)
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