*SALEM SHELL PROJECT WITH LOCKBOX ACCESS DEMO COMPLETE & READY TO BUILD!* For Sale

🔥 SALEM SHELL PROJECT WITH LOCKBOX ACCESS DEMO COMPLETE & READY TO BUILD! 🔑

148 7th St, Salem, NJ 08079

💰 PRICE STARTING AT: $60,000

💰 BUY-IT-NOW PRICE: $65,000

💰 EST. RENOVATED ARV: $185,000–$210,000+

💰 FY2026 3-BEDROOM FMR: APPROX. $2,170/MO

💰 FY2026 4-BEDROOM FMR: APPROX. $2,423/MO

This three-story SALEM FIX-AND-FLIP OR RENTAL PROJECT offers approximately 1,503 square feet and has already been demoed to shell condition, allowing the next buyer to move directly into the renovation phase. Some electrical and plumbing work has been started, the majority of the windows have been replaced, and the third floor may offer an opportunity to create an additional bedroom and expand the finished layout.

✅ Semi-Detached Twin Home

✅ Previous Layout: 3 Bedrooms | 1 Full Bathroom

✅ Potential 4-Bedroom Layout

✅ Potential to Add a Second Bathroom

✅ Approximately 1,503 Sq. Ft.

✅ Three-Story Layout

✅ Built in 1911

✅ Approximately 2,780 Sq. Ft. Lot

✅ Property Already Demoed to Shell Condition

✅ Some PEX Plumbing Already Installed

✅ PVC Drain Line Reportedly Runs to the Street

✅ Gas Available at the Street but Not Plumbed into the Property

✅ Oil-Fired Furnace

✅ Basement Appeared Dry During the Visual Walkthrough

✅ Majority of Windows Appear to Be Vinyl Replacements

✅ Older Wooden Windows Remain on the Third Floor

✅ Third Floor May Offer Additional Finished Living-Space Potential

✅ Good Bones Reported from the Visual Walkthrough

✅ 2025 Property Taxes: Approximately $2,691

✅ Lockbox Access

✅ Strong Renovation-and-Resale or Long-Term Rental Potential

📈 RENOVATED AND RETAIL MARKET SUPPORT:

155 Seventh St, Salem, NJ 08079
5 Beds | 2 Baths | Approximately 1,524 Sq. Ft.
Renovated three-story home with a new roof, new flooring and additional improvements.
SOLD: $190,000 — June 2026

View Comparable Sale

146 Seventh St, Salem, NJ 08079
5 Beds | 2 Baths | Approximately 1,688 Sq. Ft. | Attached Neighbor
Move-in-ready property with an updated kitchen, granite countertops, stainless-steel appliances and finished third-floor bedrooms.
PENDING AT: $178,000

View Market Support

77 Seventh St, Salem, NJ 08079
4 Beds | 1 Bath | Approximately 1,386 Sq. Ft.
Renovated with a new kitchen, appliances, roof, windows and vinyl-plank flooring.
SOLD: $145,000 — June 2026

View Comparable Sale

318 Fenwick Ave, Salem, NJ 08079
3 Beds | 1 Bath | Approximately 1,344 Sq. Ft.
Updated home with newer HVAC, water heater, roof and appliances.
SOLD: $191,250 — March 2026

View Comparable Sale

207 9th St, Salem, NJ 08079
3 Beds | 1.5 Baths | Approximately 1,562 Sq. Ft.
Superior supporting sale with a newer roof, larger lot and detached two-car garage.
SOLD: $230,000 — October 2025

View Comparable Sale

📊 SAME-STREET SHELL-CONDITION SALE:

52 Seventh St, Salem, NJ 08079
Semi-Detached Twin | 4 Beds | 2 Baths | Approximately 1,672 Sq. Ft.
Three-story property sold in fully gutted shell condition.
SOLD: $75,000 — August 2026

View Comparable Sale

📞 NEXT STEPS:

The property is available through lockbox access. Call or text Harshil directly at 856-388-5669 for additional information and the lockbox code.

Submit all offers with proof of funds to:

HARSHIL@HOFHOMEBUYERS.NET