83 Union St & 56 Olive

SALEM, NJ 08079

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,372 Sqft
$275,000

Description

Welcome to 83 union & 56 olive – a rare investment opportunity!
this unique offering includes two duplexes on one parcel, effectively giving you a quadplex with strong income potential. all units are currently occupied by long-term tenants, providing immediate cash flow with plenty of room for future upside.

56 olive features one 1-bedroom unit and one 2-bedroom unit.

83 union includes two 1-bedroom units.

each unit is separately metered for gas and electric, making management simple and expenses transparent. whether you're looking to expand your portfolio or begin your real estate investment journey, this is a prime opportunity you don't want to miss.

check agent remarks for the rent roll.
schedule your showing today!

  • Property Type

    Multi-Family

  • County

    SALEM

  • Style

    A-Frame

  • AD ID

    50135703

Sell a home like this and save $16,001 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas,Electric

  • Building Information

    • Year Built: 1920
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1920
    • Construction Material: Frame
    • Foundation/Basement: Block
    • Architecture: A-Frame
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric,Natural Gas

  • Lot Information

    • Lot Size: 0
    • Dimensions: 40.00 x 0.00
    • Lot Size (Acres): 0.00
    • Architectural Style: A-Frame
    • Main Square Feet: 0

    Property Information

    • SQ ft: 2,172
    • SQ ft (Living Area): 2,172
    • Total Lot SQ ft: 0
    • Financing: Cash,Conventional,FHA,Private
    • Appx. Lot Dimensions: 40.00 x 0.00
    • Total Acreage: 0.00
    • New Construction: No
    • Type: A-Frame

  • Listing Information

    • Possession: 0-30 Days CD
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $4,579
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD

    Assessment Information

    • Taxes Assessment Amount: $55,700

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA,Private

    Homeowners Association Information

    • Direction: gps

  • School Information

    • School District: SALEM CITY SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas,Electric
    • Hot Water: Electric,Natural Gas

    Location Information

    • Direction: gps
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 06/19/2025 @ 22:45

  • MLS: NJSA2015240
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,372 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.