NOT LISTED FOR SALE

159 Grant St Salem, NJ 08079

Estimated Value: $118,875 - $167,000

Studio
-- Bath
1,524 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $5,000 $3 Per Sq Ft

Est. 2,704% increase in value since last sale

Current estimated payment $826/month

177 Days on Market

About This Home

As of February 2017

Investment opportunity with this duplex featuring 3 bedroom and 1 bath on each side. Property is being sold "as is".

Last Agent to Sell the Property

Liz Ellsworth

lizellsworth@comcast.net American Dream Realty of South Jersey Listed on: 07/20/2016

Last Buyer's Agent

Rob Moussally

(856) 299-6444 kmurray@adrsj.com American Dream Realty of South Jersey License #893532

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 25x160

Parking

  • Parking Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,524 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,256

Listing and Financial Details

  • Tax Lot 00059
  • Assessor Parcel Number 13-00028-00059

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 1524
  • Living Area Sq Ft: 1524
  • Price Per Sq Ft: 13.12
  • Above Grade Finished Sq Ft: 1524
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 43400.00
  • Land Assessed Value: 14200.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 25X160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Attached Yn: Yes
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2215935
  • Tax Annual Amount: 2256.00
  • Assessor Parcel Number: 13-00028-00059
  • Tax Lot: 00059
  • Tax Year: 2016

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2026
Sold by
Gonzalez Reyes Joe Jose
Bought by
Delaware Valley Opportunity Fund Llc
Current Estimated Value
$140,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Outstanding Balance
$157,700
Interest Rate
6.21%
Mortgage Type
Construction
Estimated Equity
-$17,481

Purchase Details

Closed on
Dec 2, 2021
Sold by
Culture Blessed Properties Llc
Bought by
Reyes Joe Jose Gonzale

Purchase Details

Closed on
Jun 2, 2021
Sold by
Gul Khan Llc
Bought by
Culture Blessed Properties Llc

Purchase Details

Listed on
Jul 20, 2016
Closed on
Feb 15, 2017
Sold by
Edmi Salem Llc
Bought by
Gul Khan Llc
Seller's Agent
Liz Ellsworth
American Dream Realty of South Jersey
Buyer's Agent
Rob Moussally
American Dream Realty of South Jersey
List Price
$20,000
Sold Price
$5,000
Premium/Discount to List
-$15,000
-75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.36%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Walnut Investments Inc
Bought by
159-161 Grant Llc

Purchase Details

Closed on
Nov 17, 2010
Sold by
Eddis Gerald W
Bought by
Walnut Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Delaware Valley Opportunity Fund Llc $65,000 Land Services Usa
Reyes Joe Jose Gonzale $65,000 New Title Company Name
Culture Blessed Properties Llc $40,000 Salem Oak Title Agency Inc
Gul Khan Llc $6,000 Salem Oak Title Agency Inc
Edmi Salem Llc $5,000 Salem Oak Title Agency Llc
159-161 Grant Llc $35,000 --
Walnut Investments Inc $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaware Valley Opportunity Fund Llc $157,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $5,000 -75.0% $3 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $20,000 -- $13 / 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 $1,151 $14,000 $6,200 $7,800
2024 $1,101 $14,000 $6,200 $7,800
2023 $1,101 $14,000 $6,200 $7,800
2022 $1,052 $14,000 $6,200 $7,800
2021 $1,010 $14,000 $6,200 $7,800
2020 $996 $14,000 $6,200 $7,800
2019 $990 $14,000 $6,200 $7,800
2018 $968 $14,000 $6,200 $7,800
2017 $956 $14,000 $6,200 $7,800
2016 $2,256 $57,600 $14,200 $43,400
2015 $2,227 $57,600 $14,200 $43,400
2014 $2,215 $57,600 $14,200 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798687

Bright MLS

APN: 13-00028-0000-00059

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