About This Home

This 3-bedroom, 1-bathroom single family at 24 ELM Street in Salem, NJ is listed for $70,000 ($67 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

Welcome to 24 Elm Street - an investor special and a great opportunity in the heart of Salem! This 3-bedroom, 1-bath home is being sold strictly as-is, making it ideal for investors or buyers looking for a value-add project with strong upside potential.

The property offers a traditional, functional layout with comfortable living space and a natural flow throughout the main areas. It includes three well-sized bedrooms and a full bathroom, providing a solid foundation for renovation, rental income, or future resale potential.

Located on a quiet residential street, the home is conveniently close to local schools, shopping, dining, and major roadways for easy commuting and everyday convenience. With its location and potential, this property is well-suited for those looking to renovate and build equity.

Monthly Cost Estimate

$374/mo

20% down · 6.5% · 30 years

Principal$51
Interest$303
Insurance$20

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 $70,000 ($67/sqft). The estimated monthly payment is $374 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 Allegra D. Lyndell.

AL

Allegra D. Lyndell

License 1754327

Agent at Please Contact Listing Office

Listed by Please Contact Listing Office · Broker phone: (856) 547-5678 · View on Broker Site · Broker website

MLS# NJSA2018882· Source: Bright MLS· 174 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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