6 Salem Avenue, Newfield, NJ 08344
- $335,000
- 1,440
- SqFt
- Sold Price
- $335,000
- List Price
- $315,000
- Closing Date
- Jul 31, 2026
- Days on Market
- 17
- Status
- CLOSED
- MLS#
- NJGL2074554
- Living Area
- 1,440
- Lot Size (Acres)
- 0.19
- Style
- Traditional
- Year Built
- 1904
- County
- Gloucester
- School District
- Delsea Regional High Scho Schools
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 $2,956.00 per month, which comes to $35,472.00 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!
Additional Information
- Area
- Newfield Boro (20813)
- Subdivision
- None Available
- Taxes
- $5154
- Stories
- 2
- School District
- Delsea Regional High Scho Schools
- High School
- Delsea Regional H.S.
- Garage
- Yes
- Garage Spaces
- 2
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- On Site Septic
- Basement
- Yes
Mortgage Calculator
Listing courtesy of DePalma Realty. Contact:
Selling Office: .