NOT LISTED FOR SALE

103 Chestnut St Salem, NJ 08079

Estimated Value: $100,207 - $147,000

3 Beds
1 Bath
1,214 Sq Ft
$100/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $51,450 $42 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $857/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Butlers Pantry
  • Deck
  • No HOA
  • Living Room

About This Home

As of November 2021

Great property for investors. 3 bedrooms, 1 bath and a finished room on third floor/attic. Plenty of storage. Full basement (unfinished). Back deck, garage and fencing. Many renovations in recent years. Replaced carpet upstairs, installed new vinyl windows and doors, (with all new trim) laminate flooring on main floor & vinyl tile in kitchen. Recently replaced roof. Owner will combine this property with (101 Chestnut Street - Tax ID 13-00051-00005 01) as a package deal for $102,900.00.
Rent $850.00 per month. Expenses $420 per month. Good paying long term tenant in-place.

Last Agent to Sell the Property

Dennis Newton

(856) 678-4663 pinoagency1@gmail.com Pino Agency License #1540739 Listed on: 07/26/2021

Last Buyer's Agent

Dennis Newton

(856) 678-4663 pinoagency1@gmail.com Pino Agency License #1540739 Listed on: 07/26/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1906

Lot Details

  • 2,128 Sq Ft Lot
  • Lot Dimensions are 19.00 x 112.00
  • Southeast Facing Home
  • Chain Link Fence
  • Back Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Foundation
  • Plaster Walls
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 2.5 Levels
  • Vinyl Clad Windows
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Butlers Pantry
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Schools

  • John Fenwick Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 13-00051-00005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,206

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-26
  • Federal Flood Zone: Yes
  • Year Built: 1906
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric
  • Flooring Type: Carpet, Laminated, Vinyl
  • Interior Amenities: Attic, Butlers Pantry
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Brick/Mortar
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 51.81
  • Above Grade Finished Sq Ft: 1214
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JOHN FENWICK SCHOOL
  • High School: SALEM H.S.
  • Middle Or Junior School: SALEM M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.00 x 112.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2128.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RES
  • Zoning Description: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 10200.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2206.00
  • Assessor Parcel Number: 13-00051-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2004
Sold by
Headley William
Bought by
Guzman Edwin and Guzman Carmen A
Current Estimated Value
$121,302

Purchase Details

Closed on
Mar 7, 1996
Sold by
Emmons Russell C
Bought by
Headley William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
8%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guzman Edwin $40,000 Salem Oak Title Agency Inc
Headley William $26,000 West Jersey Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Headley William $18,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $51,450 -18.2% $42 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $62,900 -- $52 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,565 $31,200 $5,600 $25,600
2024 $2,453 $31,200 $5,600 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000504

Bright MLS

APN: 13-00051-0000-00005