NOT LISTED FOR SALE

21 8th St Salem, NJ 08079

Estimated Value: $173,000 - $216,000

3 Beds
1 Bath
1,284 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $180,000 $140 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,345/month

6 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Living Room
  • Corner Lot
  • Back, Front, and Side Yard
  • Bungalow

About This Home

As of March 2024

Beautifully large fenced in corner lot in Salem, NJ. This well-maintained 3 bedroom 1 bath home sits just across from the Salem River with direct access to the boat ramp. You will find 2 bedrooms are on the main level and 1 bedroom on the 2nd floor that also has an additional area for an office/sitting room/playroom. Enjoy the comfort of your morning coffee while sitting out on the front porch or back deck. There is an Oversized Shed for lots of additional storage as well as plenty of space in the yard for those outside BBQ's.

Last Agent to Sell the Property

Christina Ganassi

(856) 579-0367 christinaganassi@yahoo.com Panaro Realty License #0677375 Listed on: 01/29/2024

Last Buyer's Agent

Wendy Sparks

(856) 344-3722 southjerseysparksgroup@gmail.com EXP Realty, LLC License #RS-0037140

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,284

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 91.00 x 153.00
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in average condition

Home Design

  • Bungalow
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 13-00019-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,284

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-29
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2568
  • Living Area Sq Ft: 1284
  • Price Per Sq Ft: 120.72
  • Above Grade Finished Sq Ft: 1284
  • Above Grade Unfinished Sq Ft: 1284
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • 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 Features: Corner, Rear Yard, Sideyard(s), Front Yard
  • Lot Size Acres: 0.32
  • Lot Dimensions: 91.00 x 153.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13922.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

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

Tax Info

  • Tax Annual Amount: 3284.00
  • Assessor Parcel Number: 13-00019-00018
  • Tax Lot: 00018
  • 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

Listed on
Jan 29, 2024
Closed on
Mar 28, 2024
Sold by
Esposito Vincent
Bought by
Veler Jody
Seller's Agent
Christina Ganassi
Panaro Realty
Buyer's Agent
Wendy Sparks
EXP Realty, LLC
List Price
$155,000
Sold Price
$180,000
Premium/Discount to List
$25,000
16.13%
Views
161
Current Estimated Value
$198,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,740
Avg. Annual Appreciation
6.43%
Original Mortgage
$176,739
Outstanding Balance
$174,108
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$24,632

Purchase Details

Closed on
May 30, 2019
Sold by
Bennett Herbert
Bought by
Esposito Vincent

Purchase Details

Closed on
Apr 4, 2017
Sold by
Gonzalez Sharon and Gonzalez Jesus
Bought by
Bennett Herbert

Purchase Details

Closed on
May 5, 2015
Sold by
Miller Charles M and Montes Angel V
Bought by
Phh Mortgage Services Corporation and Gonzalez Sharon

Purchase Details

Closed on
Oct 14, 2005
Sold by
Fogg Peter B and Fogg Karen P
Bought by
Montes Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,317
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2002
Sold by
Hud
Bought by
Fogg Peter B and Fogg Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
6.8%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Walker James J and Forman Charles M
Bought by
Hud

Purchase Details

Closed on
Apr 30, 1998
Sold by
Breslin Robert F and Breslin Susan K
Bought by
Walker James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,417
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Veler Jody $180,000 Salem Oak Title
Veler Jody $180,000 Salem Oak Title
Esposito Vincent $55,000 None Available
Bennett Herbert -- None Available
Phh Mortgage Services Corporation $11,700 None Available
Montes Angel $87,000 Salem Oak Title Agency Inc
Fogg Peter B $43,000 Fidelity National Title Ins
Hud -- --
Walker James J $64,500 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veler Jody $176,739
Closed Veler Jody $176,739
Previous Owner Montes Angel $86,317
Previous Owner Fogg Peter B $38,700
Previous Owner Walker James J $64,417
Closed Phh Mortgage Services Corporation $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $180,000 +16.1% $140 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $155,000 -- $121 / 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 $3,593 $49,800 $13,300 $36,500
2024 $3,435 $43,700 $13,300 $30,400
2023 $3,435 $43,700 $13,300 $30,400
2022 $3,285 $43,700 $13,300 $30,400
2021 $3,172 $43,700 $13,300 $30,400
2020 $3,108 $43,700 $13,300 $30,400
2019 $3,089 $43,700 $13,300 $30,400
2018 $3,021 $43,700 $13,300 $30,400
2017 $2,985 $43,700 $13,300 $30,400
2016 $3,524 $90,000 $16,700 $73,300
2015 $3,479 $90,000 $16,700 $73,300
2014 $3,461 $90,000 $16,700 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2009738

Bright MLS

APN: 13-00019-0000-00018