SHANNON OBERMAN
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Sewell
(302) 208-5728
116 Total Sales
4 in Salem
$50K - $275K Price Range
162 7th St Salem, NJ 08079
Salem AreaEstimated Value: $128,000 - $152,000
Studio
--
Bath
2,061
Sq Ft
$70/Sq Ft
Est. Value
About This Home
As of August 2024Welcome to a great investment opportunity in Salem, NJ! This duplex epitomizes the perfect fusion of potential and immediate returns. The lower level features a stable 2-bedroom, 1-bathroom apartment already occupied by reliable tenants, while the upper level unveils a spacious 3-bedroom, 1-bathroom unit awaiting your vision. With over 2000 sq ft of versatile space, this property is primed to cater to a multitude of investment strategies. This is an as-is sale as the property needs some rehabbing.
Last Agent to Sell the Property
(973) 921-1111 info@signaturerealtynj.com Signature Realty NJ Listed on: 05/02/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,979
Year Built
- Built in 1906
Lot Details
- 4,373 Sq Ft Lot
- Lot Dimensions are 25.00 x 175.00
Parking
- On-Street Parking
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2,061 Sq Ft Home
- Crawl Space
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- 3-Story Building
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00035
- Assessor Parcel Number 13-00028-00035
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 24, 2025
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.46%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 2, 2024
Closed on
Aug 15, 2024
Sold by
Bought by
Seller's Agent
Anna Livits
Signature Realty NJ
Buyer's Agent
Drew Conlin
Society
List Price
$149,000
Sold Price
$115,000
Premium/Discount to List
-$34,000
-22.82%
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$93,800
Interest Rate
6.89%
Mortgage Type
Construction
Purchase Details
Closed on
May 16, 2023
Sold by
Bought by
Purchase Details
Closed on
Jan 26, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 30, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, NJ
-
SHANNON OBERMAN
-
Jill Leap
Jill Leap
Balsley-Losco Realtors
(609) 798-7218
90 Total Sales
1 in Salem
$156,000 Price
-
Nancy Casey
Nancy Casey
BHHS Fox & Roach-Mullica Hill South
(856) 830-6065
88 Total Sales
7 in Salem
$50K - $239K Price Range
-
Christy Myers
Christy Myers
American Dream Realty of South Jersey
(856) 878-2519
131 Total Sales
6 in Salem
$65K - $370K Price Range
-
Vincent Grova
Vincent Grova
Pino Agency
(484) 497-0303
224 Total Sales
6 in Salem
$92K - $200K Price Range
-
David Marcantuno
David Marcantuno
Responds QuicklyKeller Williams Hometown
(484) 978-8261
200 Total Sales
1 in Salem
$342,400 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $140,000 | Abc Title | ||
| $115,000 | Pittman Title | ||
| -- | None Listed On Document | ||
| $104,000 | American National Title Insu | ||
| $48,000 | -- | ||
| $30,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $105,000 | ||
| Previous Owner | $93,800 | ||
| Previous Owner | $5,200 | ||
| Previous Owner | $93,600 | ||
| Previous Owner | $47,000 | ||
| Previous Owner | $29,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $115,000 | -14.8% | $56 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 05/18/2024 05/18/24 | Price Changed | $135,000 | -9.4% | $66 / Sq Ft |
| 05/02/2024 05/02/24 | For Sale | $149,000 | -- | $72 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,270 | $37,900 | $8,100 | $29,800 |
| 2025 | $3,270 | $37,900 | $8,100 | $29,800 |
| 2024 | $2,979 | $37,900 | $8,100 | $29,800 |
| 2023 | $2,979 | $37,900 | $8,100 | $29,800 |
| 2022 | $2,849 | $37,900 | $8,100 | $29,800 |
| 2021 | $2,751 | $37,900 | $8,100 | $29,800 |
| 2020 | $2,695 | $37,900 | $8,100 | $29,800 |
| 2019 | $2,679 | $37,900 | $8,100 | $29,800 |
| 2018 | $2,620 | $37,900 | $8,100 | $29,800 |
| 2017 | $2,589 | $37,900 | $8,100 | $29,800 |
| 2016 | $4,214 | $107,600 | $14,300 | $93,300 |
| 2015 | $4,160 | $107,600 | $14,300 | $93,300 |
| 2014 | $4,138 | $107,600 | $14,300 | $93,300 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Livits
A
Seller's Agent in 2024
Anna Livits
Signature Realty NJ
(917) 962-6405
30 Total Sales
-
Drew Conlin
D
Buyer's Agent in 2024
Drew Conlin
Society
(609) 232-2056
52 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2010878
APN: 13-00028-0000-00035
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