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43 Chestnut Street

Salem, NJ 08079

– beds
– baths
2,816 sqft
$106 per sqft
1915 build

Fully Remodeled Side-by-Side Duplex – Smart Investment or Ideal Multi-Generational Living home to this beautifully remodeled (2022) side-by-side duplex that seamlessly combines modern updates with classic charm. Each unit offers 4 spacious bedrooms, 1 full bath, and 1,850 square feet of living space—providing plenty of room for everyone. One side is currently vacant and move-in ready, while the other is tenant-occupied through July 2026, making this a smart investment for the savvy buyer who wants help with mortgage payments. Live in one side and let the rental income from the other cover your costs, or lease both units for strong cash flow. This property has been completely remodeled in 2022 with modern finishes throughout, including new basement windows, a replaced front porch that adds welcoming curb appeal, and keyless entry systems for added convenience and security. Both units feature new heat pumps installed on the third floor for efficient heating and cooling. Each side also includes a full, unfinished basement with Bilco doors for exterior access—offering excellent storage or future finishing potential. Off-street parking is available for both units, with additional street parking for guests. The charming front porch serves as an inviting outdoor space to relax and unwind. Whether you're looking to expand your investment portfolio or secure a spacious home with reliable rental income, this property offers tremendous opportunity. Conveniently located with thoughtful upgrades and generous living space, it’s truly a rare find. Contact us today to schedule your private tour and discover all this exceptional duplex has to offer!

Listing courtesy of BRIGHT / Keller Williams Hometown

Last checked: Checking… • Last updated Jul 3, 2025 •

MLS# NJSA2015430 —

The Building

Year Built:

1915
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Block
Building Units Total:

2
Structure Type:

Detached
Architectural Style:

Side-by-Side
Accessibility Features:

None
Foundation Details:

Brick/Mortar, Block
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Interior Features:

Attic, Bathroom - Tub Shower, Dining Area, Pantry, Wood Floors
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2816
Living Area SqFt:

2,816 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA, VA, USDA
Possession:

0-30 Days CD

Location

Directions:

located off Route 45 in Salem
Latitude:

39.57020000
Longitude:

-75.47017000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Very Good, Good
Lot Size Units:

Square Feet
Lot Size Source:

Estimated
Lot Size Dimensions:

40.00 x 0.00
Lot Dimensions Source:

Estimated
Lot SqFt:

0 Sqft
Inclusions:

Range, Refrigerator, Dishwasher, In both units
Zoning:

R1
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

13-00060-00006
Tax Year:

2024
Tax Lot:

00006
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

No Septic System
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dryer, Refrigerator, Stove, Washer, Water Heater

Schools

School District Name:

Salem City Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Pool:

No Pool
Spa:

No

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 2
Vacation Rental:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/2/25 Jul 2, 2025	Listed / Active	BRIGHT	$299,999

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This multifamily located in Salem, NJ 08079 is currently for sale for $299,999. 43 Chestnut Street is a 2,816 square foot multifamily with – beds and – baths.

Listing Courtesy of: BRIGHT and Keller Williams Hometown.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.