About This Home

This 3-bedroom, 1-bathroom single family at 24 ELM Street in Salem, NJ is listed for $65,000 ($62 per sqft). Built in 1938, the home offers 1,044 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1938
  • 0.08 acre lot

Property Details

1 story
1 full
1938
Listing Description

Discover the incredible upside potential waiting inside this detached Salem rancher. Offering 3 well-sized bedrooms, 1 full bathroom, and a spacious living and dining area combo, the structural bones provide an effortless natural flow. The exterior features a newer roof and solid siding, meaning you can focus your renovation budget entirely on customizing the interior to your exact taste.

Selling strictly as-is, this property is the perfect match for a savvy contractor or local portfolio builder looking for a solid foundation to generate premium rental income or future resale value. Conveniently located near major commuting routes and community schools. Properties with this much built-in equity do not last-bring your hammer and seize this project today!

Monthly Cost Estimate

$348/mo

20% down · 6.5% · 30 years

Principal$47
Interest$282
Insurance$19

Estimates only. Actual payments may vary.

Location

24 ELM Street

Salem, NJ 08079

NONE AVAILABLE

Property Details

Construction

Frame

Questions & Answers

This 3-bedroom, 1-bathroom single family at 24 ELM Street is listed at $65,000 ($62/sqft). The estimated monthly payment is $348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.08 acre lot.

This property is listed by John Rinick.

JR

John Rinick

License 1865546

Agent at Prime Realty Partners

Listed by Prime Realty Partners · Broker phone: (856) 906-5885 · View on Broker Site · Broker website

MLS# NJSA2020402· Source: Bright MLS· 18 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

24 ELM Street, Salem, NJ 08079

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