Back 162 7th St
Off Market

162 7th St

Salem NJ 08079

5
2061 sq. ft.
4373 sq. ft.
Duplex
Last sold for $140,000
Drew ConlinDrew Conlin, last sold this property on 31 December 2025 after 286 days on market.

Overview

Discover an excellent investment opportunity in Salem, NJ! This duplex offers a perfect balance of immediate income and future potential. The lower unit consists of a well-maintained 2-bedroom, 1-bathroom apartment with reliable tenants already in place, while the upper level features a roomy 3-bedroom, 1-bathroom unit. With more than 2,000 sq ft of space, this property is a great for various investment strategies.

Features

5 bedrooms
2061 sq. ft. floor area
4373 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Salem over the last 12 months, the estimated median property value of 162 7th St is $205k.

Median value
$205k
Estimated value range
$140k - $238k
Median days on market
68
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 162 7th St

2025
Sold
$140,000
31 Dec 2025 by Drew Conlin, of Society
2024
Sold
$115,000
16 Aug 2024 by Anna Livits, of Signature Realty NJ

Happy sellers in Salem

90%
90% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Salem over the last 12 months.

Local market activity for 5 bedroom duplexes in Salem

In the last 12 months, 4 five-bedroom duplexes similar to 162 7th St, have been sold.

This represents a 66% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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