$159,000
SOLD OCT 4, 2023
8 Beds
3 Baths
1,200 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

9 Days on Market

About This Home

As of April 2025

This home is located at 118 8th St, Salem, NJ 08079 and is currently priced at $159,000, approximately $132 per square foot. 118 8th St is a home located in Salem County with nearby schools including John Fenwick Elementary School, Salem Middle School, and Salem High School.

Last Agent to Sell the Property

David Joslin

BLUE HOMES REAL ESTATE LLC Listed on: 08/14/2023

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,593

Home Design

  • Duplex

Interior Spaces

  • Living Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 8 & 9 / 25

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,593

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • District Township: 17-Out Of County
  • New Construction: No
  • Second Address Number: 118-120
  • Lot Size2: 4465 sf
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Other Rooms: Living Room, Kitchen

Utilities

  • Cooling: Central Air, Electric, Other
  • Heating: Oil
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 8 & 9
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 5593
  • Tax Year: 2022

Multi Family

  • Number Of Units: 2
  • Total Rent: 28800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
May 14, 2025
Sold by
Delaware Valley Opportunity Fund 231 Llc
Bought by
Villafane Roberto and Vazquez Kamile
Seller's Agent
Alexander Torres
Society
Buyer's Agent
Jessica Mashburn
Exit Homestead Realty Professi
List Price
$150,000
Sold Price
$150,000
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.30%
Original Mortgage
$147,283
Outstanding Balance
$147,283
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$836

Purchase Details

Closed on
Apr 25, 2024
Sold by
Delaware Vly Opportunity Fund
Bought by
Delaware Valley Opportunity Fund 231 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 3, 2023
Sold by
Chambers Joseph
Bought by
Delaware Vly Opportunity Fund
Seller's Agent
David Joslin
BLUE HOMES REAL ESTATE LLC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$159,000
Sold Price
$159,000
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.70%
Original Mortgage
$82,575
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2020
Closed on
Oct 14, 2020
Sold by
Niblock Carolyn
Bought by
Chambers Joseph
Seller's Agent
Vincent Grova
Pino Agency
Buyer's Agent
Vincent Grova
Pino Agency
List Price
$129,999
Sold Price
$120,000
Premium/Discount to List
-$9,999
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$106,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1997
Sold by
Dehart John W and Dehart Eileen N
Bought by
Niblock David A and Niblock Carolyn P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $150,000 Foundation Title
Deed -- Foundation Title
Deed $79,500 Foundation Title
Deed $120,000 Shore Title
Interfamily Deed Transfer $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 New Conventional
Previous Owner $91,700 New Conventional
Previous Owner $82,575 New Conventional
Previous Owner $106,000 New Conventional
Previous Owner $33,600 Unknown
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $150,000 0.0% $125 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $150,000 -5.7% $125 / Sq Ft
10/04/2023 10/04/23 Sold $159,000 0.0% $133 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $159,000 +32.5% $133 / Sq Ft
10/14/2020 10/14/20 Sold $120,000 -7.7% $75 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $129,999 -- $81 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $3,011 $38,300 $7,400 $30,900
2023 $3,011 $38,300 $7,400 $30,900
2022 $2,879 $38,300 $7,400 $30,900
2021 $2,780 $38,300 $7,400 $30,900
2020 $2,724 $38,300 $7,400 $30,900
2019 $2,707 $38,300 $7,400 $30,900
2018 $2,648 $38,300 $7,400 $30,900
2017 $2,616 $38,300 $7,400 $30,900
2016 $2,651 $67,700 $14,400 $53,300
2015 $2,617 $67,700 $14,400 $53,300
2014 $2,604 $67,700 $14,400 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232146

Cape May County Association of REALTORS®

APN: 13-00025-0000-00009