NOT LISTED FOR SALE

174 Chestnut St Salem, NJ 08079

Estimated Value: $156,209 - $232,000

3 Beds
2 Baths
1,305 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $140,000 $107 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,377/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Porch
  • Deck
  • 1 Car Detached Garage
  • Oversized Parking

About This Home

As of December 2023

Offer accepted and contracts have been signed. Attorney review ends 10/26. Welcome to this cozy Cape Cod gem nestled in the heart of historic Salem, New Jersey! If you've been searching for a property with character and potential, this is your golden opportunity!
Cape Cod Charm from the moment you step onto the property, you'll be greeted by the classic appeal of a Cape Cod-style home with marble window sills, plank flooring and typical cape cod layout. The timeless architecture exudes warmth and character.
Spacious Interior with 3 bedrooms and 2 bathrooms, there's room to accommodate your family's needs and aspirations. Update to Your Heart's Desire: This property is a canvas ready for your creative touch. Customize and update the interior to reflect your personal style and modern amenities. Detached 1-Car Garage offers secure parking and additional storage space – perfect for DIY enthusiasts or car aficionados. Step outside onto the back deck, where you can unwind, entertain, and enjoy your morning coffee while overlooking the backyard. Whether you're looking for a place to call home or an investment property, this home offers both options. Don't miss the chance to transform this classic Cape Cod into your dream home! Property is being sold as is.

Last Agent to Sell the Property

Bryan Jacobs

(609) 501-3375 Bryanjacobs@collinirealestate.com Collini Real Estate LLC Listed on: 09/29/2023

Collini Real Estate LLC

Last Buyer's Agent

Jake Gomeringer

(856) 279-1903 jgom02@gmail.com Better Homes and Gardens Real Estate Maturo

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,893

Year Built

  • Built in 1948

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 60.00 x 130.00

Parking

  • 1 Car Detached Garage
  • Oversized Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,305 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Chestnut Terrace Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 13-00108-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,893

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Property of the seller
  • Inclusions: All appliances in home
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stove
  • Flooring Type: Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1305
  • Living Area Sq Ft: 1305
  • Price Per Sq Ft: 111.11
  • Above Grade Finished Sq Ft: 1305
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 60.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7802.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3893.00
  • Assessor Parcel Number: 13-00108-00012
  • Tax Lot: 00012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2005
Sold by
Hud
Bought by
Green Anthony and Green Diane
Current Estimated Value
$195,552

Purchase Details

Closed on
Jul 23, 2004
Sold by
Smith Edwin V and Smith Elaine
Bought by
Hud

Purchase Details

Closed on
Jul 22, 1996
Sold by
Millenet Elisabeth and Piehler Elisabeth
Bought by
Smith Edwin and Smith Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,853
Interest Rate
8.27%
Mortgage Type
FHA
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
Green Anthony $80,000 --
Hud -- First American Title Ins Co
Smith Edwin $73,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Edwin $72,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $140,000 -3.4% $107 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $145,000 -- $111 / Sq Ft
Source: Bright MLS

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
2025 $4,259 $51,800 $15,900 $35,900
2024 $4,072 $51,800 $15,900 $35,900
2023 $4,072 $51,800 $15,900 $35,900
2022 $3,894 $51,800 $15,900 $35,900
2021 $2,959 $51,800 $15,900 $35,900
2020 $3,684 $51,800 $15,900 $35,900
2019 $3,662 $51,800 $15,900 $35,900
2018 $3,581 $51,800 $15,900 $35,900
2017 $3,538 $51,800 $15,900 $35,900
2016 $4,276 $109,200 $42,100 $67,100
2015 $4,222 $109,200 $42,100 $67,100
2014 $4,200 $109,200 $42,100 $67,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2008992

Bright MLS

APN: 13-00108-0000-00012