5 Olive Street, Salem, NJ 08079

$105,000
2
BD
1
BA
884
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$105,000
List Price
$110,000
Closing Date
Feb 17, 2026
Days on Market
152
Status
CLOSED
MLS#
NJSA2016204
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
884
Lot Size (Acres)
0.06
Style
Colonial
Year Built
1920
County
Salem
School District
Salem City Schools

Property Description

**Motivated Seller** Investor's Dream – Immediate Income with Strong ROI! Welcome to 5 Olive, a fully rented and well-maintained single-family rental property offering strong monthly cash flow and minimal maintenance. This is a turnkey investment opportunity with cash-paying tenants already in place, making it perfect for both new and seasoned investors. *New Furnace • Mini-Split A/C System Added • New floors + Fresh Paint • Newer Roof – No major capital improvements needed This property is ideal for buy-and-hold investors looking for a low-risk, income-producing asset. The home is in solid condition, with updated mechanicals and consistent rental income, offering hassle-free ownership. With a tenant already in place, you’ll start seeing returns immediately. Contact Listing agent to schedule your showing today!

Additional Information

Area
Salem City (21713)
Subdivision
None Available
Taxes
$2787
School District
Salem City Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Ductless/Mini-Split
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Vylla Home. Contact:

Selling Office: .