159-161 GRANT ST, Salem, NJ 08079

• 1,644 sqft

Property Description

Attention investors, builders, and value-add buyers — opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers multiple paths for upside. The home features spacious layouts, a full basement for storage or additional utility space, and a large footprint with room to bring your vision to life. Septic improvements are currently underway, creating additional long-term value for the next owner. Conveniently located near downtown Salem, major commuting routes, shopping, and public transportation. Ideal for investors seeking their next project or buyers looking to capitalize on a growing value-add opportunity. Property being sold strictly as-is. Buyer responsible for all inspections, certifications, and due diligence.

Listing Status:

Active

Data Last Updated:

May 9, 2026 at 4:19PM

Listing Office:

Society : 8562297094

Listing Agent:

Justin David Pencook Sr. : 6095603964

MLS ID:

NJSA2018900

Interior

• Basement: Full
• A/C: None
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: Vinyl SidingStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: SALEM CITY SCHOOLS
• County: SALEM-NJ

Lot

• Zoning: RESID13-00028-00059

Utilities

• Water: WellWell Permit Applied For
• Sewer: Applied for Permit

Financial

• Source: BRIGHT_MAIN