CCertihomes
297 Keasbey Street, Salem City, NJ 08079

$139,900

4 beds 2 baths 1,382 sqft Built 195254 days on marketActive

About this home

Investor Special! Fixer-upper on this home that is on a rare double lot (60x125) with R-2 zoning. Huge value-add potential for rehab, expansion, or redevelopment. Ideal opportunity for investors or developers seeking strong upside and solid returns. Key location access to major markets like Philadelphia, New York City, Baltimore, and DC, supported by key highways (NJ Turnpike, I-295, US-40), making it attractive for both residential demand and business growth. Sold strictly as-is. Buyer is responsible for all city inspections and certifications. Buyer to perform their own due diligence. Bring your vision and unlock the potential!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$1,765/mo

Real estate (PITI + HOA + PMI)
$1,393
Principal + interest$901
Property tax + insurance$440
PMI / 2nd mortgage$52
Utilities
$450
Heating + cooling$88
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$1,765/mo TLC
Budget$5,000/mo
Remaining after TLC$3,235/mo
Purchase price
$139,900
Down payment
$6,995 (5%)
Loan amount
$132,905
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Colonial
Year built
1952
Lot size
Stories
3
Heating
Baseboard
Cooling
Window Unit(s)
Water
Public
HOA
Annual tax
$3,083
MLS #
2611305R
County
Salem

At a glance

Basement

Home features

Appliances
Gas Water Heater
Interior
KitchenLiving RoomBath FullDining Room3 Bedrooms1 Bedroom
Exterior
Enclosed Porch(es)
Parking
1 Car Width
Patio & porch
Enclosed
Kitchen
Separate Dining Area
Dining
Formal Dining Room
Flooring
Vinyl-Linoleum
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Near Public Transit

Neighborhood — 08079

MetricThis ZIPCountyUSA
Population11,6408,832,837299,088,112
Population Change Since1990-4.00%14.00%20.00%
Population Density991,137
Male5,4474,307,827147,432,321
Female6,1934,525,010151,655,844
Never Married2,8041,965,81163,775,926
Married4,2603,647,435123,120,365
Separated573391,23912,639,686
Widowed790515,17215,467,586
Divorced765529,39323,075,029
Number Of House Hold3,8613,167,345111,826,380
Average House Hold Size2.982.732.60
Medial Age37.1737.1535.46
Median House Hold Income$39,869$63,392$48,276
Average House Hold Income$50,396$83,312$63,629
P C I$17,111$30,662$24,529
M D I$34,870$52,505$41,133
A T H E$43,880$61,369$50,898
S T R3.50%7.00%
W C J75.87%81.02%77.74%
(Zip) Code
8079

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 2/25/2026. Provided courtesy of KELLER WILLIAMS CITY VIEWS RLT via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

297 Keasbey Street · Salem City — $139,900 · Certihomes