97-99 Chestnut St, Salem, NJ 08079

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Premier
97-99 Chestnut St,Salem, NJ 08079
$235,000
  • 4 Beds
  • - Baths
  • 1,214 sq. ft.
  • Multi-family
  • Active
Listed by: amy marie thies
Office: real broker, llc.
MLS#:NJSA2018548
Source:BRIGHTMLS

Price summary

  • Price:$235,000
  • Price per sq. ft.:$193.57

About this home

Investor alert! Rare package deal opportunity to acquire two side-by-side properties at 96 Thompson St and 99 Thompson St in the heart of Salem. Each home offers 2 bedrooms and 1 full bath, providing strong rental potential and flexibility for investors or owner-occupants. Both properties feature traditional layouts with spacious living areas and solid bones, ready for cosmetic updates to maximize value. With room for improvements, this is an excellent opportunity to add equity and increase rental income. Located within Salem’s redevelopment area, this package presents strong upside potential as the area continues to grow and improve. Whether you’re looking to expand your portfolio, generate cash flow, or live in one and rent the other, this package deal offers versatility and long-term value. Properties are being sold strictly as-is, where-is. Don’t miss your chance to secure a dual-property investment—opportunities like this package deal don’t come often!

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Home facts

  • Year built:1925
  • Listing ID #:NJSA2018548
  • Added:1 day(s) ago
  • Updated:April 25, 2026 at 10:19 AM

Rooms and interior

  • Bedrooms:4
  • Flooring:Carpet, Vinyl, Wood
  • Kitchen Description:Carpet, Kitchen - Eat-In
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:1,214 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Oil, Radiator

Structure and exterior

  • Roof:Asbestos Shingle
  • Year built:1925
  • Building area:1,214 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Colonial
  • Construction Materials:Aluminum Siding
  • Exterior Features:Sidewalks, Street Lights
  • Foundation Description:Brick/Mortar

Schools

  • High school:SALEM H.S.
  • Middle school:SALEM M.S.
  • Elementary school:JOHN FENWICK E.S.

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$193.57
  • Tax amount:$2,648 (2025)

Features and amenities

  • Amenities:100 Amp Service, Attic, Carpet

Parking

  • Parking description:On Street, Shared Driveway

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