tomo logo

$300,000

Beds
4
Baths
1.0
sq ft
2,816

43 Chestnut St, Salem, NJ 08079

43 Chestnut St

SALEM, NJ 08079

  • 64 days on market
Fully Remodeled Side-by-Side Duplex – Investor's Dream or Multi-Generational Living Opportunity Welcome to this beautifully remodeled (2022) side-by-side duplex, offering the perfect blend of modern upgrades and timeless charm. With a single deed and 4 spacious bedrooms and 1 full bath per side, this property is an ideal investment or a fantastic option for multi-generational living. Each side features 1,850 square feet of living space, providing plenty of room for everyone. Completely remodeled in 2022 with modern updates throughout, including new basement windows, a replaced front porch, and keyless entry for added convenience and security. New heat pumps installed on the third floor of both units for efficient heating and cooling. Full, unfinished basements with Bilco doors for exterior access, offering storage or additional use potential. Off-street parking for both units, with additional street parking available. Both units are fully rented through July 2025, providing immediate rental income. The front porch adds charm and serves as a welcoming outdoor space. Whether you're seeking to expand your investment portfolio or secure a spacious home with rental income, this property offers tremendous opportunity. Conveniently located with thoughtful upgrades and ample living space, it’s a rare find. Contact us today to schedule your private tour and explore all this exceptional duplex has to offer.

Details

Property type

Single Family Residence

Est. home value

$223,753

Lot size

Unknown

Price per sq ft

$107

Year built

1915

HOA

No

Price History

12/30/2024
Bright

Bright #NJSA2013284

Listed
$300,000
+33.33%
04/28/2023
Bright

Bright #NJSA2007004

Sold
$225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

SALEM CITY SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$64,463
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$211,537
Cash to seller
$64,463

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nfm Inc

Loan start date

May 2023

Original loan amount

$216,015

Est. remaining balance

$211,537

Interest rate

6.32%

Loan type

FHA, 30 year

Seller

Gabriel Sastre

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 11:40 PM

Listing updated: 12/30/2024 at 6:34 AM

Listed by: Heather M Bosco, Weichert Realtors-Mullica Hill Phone #: (856) 223-2600

MLS: Bright #NJSA2013284

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