229 SINNICKSON ST Active Save Request In-Person Tour Request Virtual Tour
Salem,NJ 08079
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 888 sqft
Price per Sqft $129
Subdivision None Available
MLS Listing ID NJSA2016572
Style Side-by-Side,Colonial
Bedrooms 3
Full Baths 1
Year Built 1890
Annual Tax Amount $1,866
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Twin/Semi-Detached
Property Description
Welcome to 229 Sinnickson Street, where history meets opportunity in the heart of Salem. This beautifully updated home offers the perfect blend of character and modern comfort, making it an ideal choice whether you're searching for your first home or your next investment property. This property offers excellent investment potential with a projected 13.6%, cap rate at list price. Previously rented for $1,600/month and now vacant, making it easy to show and ready for a new tenant or owner-occupant. Low annual expenses (approx. $3,500 for taxes and insurance) and updated condition make this a strong addition to any rental portfolio. Cap rate and income figures are estimates for informational purposes and should be verified by the buyer. Easy to show! Renovated in February 2025, it has been thoughtfully refreshed—from the updated kitchen and bath to the modern flooring and finishes throughout. Located in Salem's historic district just minutes from the riverfront and local conveniences, this move-in-ready property delivers charm, functionality, and lasting value at an affordable price point. Schedule your showing today and see all that this Salem gem has to offer.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning RES
Rooms
Other Rooms Bedroom 2,Bedroom 3,Bedroom 1,Bathroom 1
Interior
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s)
Inclusions All current appliances (stove, washer, dryer, fridge, microwave - all in as is condition)
Equipment Microwave,Refrigerator,Oven - Single,Washer,Dryer
Laundry Main Floor
Exterior
Utilities Available Cable TV Available,Natural Gas Available,Electric Available
Water Access N
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Salem City Schools
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard