NOT LISTED FOR SALE

21 Eighth 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 May 15, 2019

Last sale price $55,000 $43 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,366/month

211 Days on Market

Highlights

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

About This Home

As of May 2019

Beautiful corner lot in Salem, NJ. Great front porch for those fall evenings to watch the sunset. With a little TLC this 3 bedroom 1 bath home would be a gem located just a couple steps from the Salem River with direct access to the boat ramp and plenty of room in the backyard to house your boat at home! Oversized shed for lots of storage. Two bedrooms on the main floor and one upstairs with its own living / hang out space! Open concept flows from the front door into the living room, down through the dining room and to the kitchen.

Last Agent to Sell the Property

Scott Kompa

(856) 386-1945 scott@scottkompa.com EXP Realty, LLC License #675454 Listed on: 08/21/2018

EXP Realty, LLC

Last Buyer's Agent

Scott Kompa

(856) 386-1945 scott@scottkompa.com EXP Realty, LLC License #675454 Listed on: 08/21/2018

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 91x153
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in below average condition

Home Design

  • Bungalow
  • Brick Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 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

$3,021

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, Upper 1
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1284
  • Living Area Sq Ft: 1284
  • Net Sq Ft: 1284.00
  • Price Per Sq Ft: 50.62
  • Above Grade Finished Sq Ft: 1284
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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

  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 30400.00
  • Land Assessed Value: 13300.00
  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.32
  • Lot Dimensions: 91X153
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13923.00
  • Property Condition: Below Average
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21905933
  • Tax Annual Amount: 3021.00
  • Assessor Parcel Number: 13-00019-00018
  • Tax Lot: 00018
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Esposito Vincent
Bought by
Veler Jody
Current Estimated Value
$202,747

Home Financials for this Owner

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

Purchase Details

Listed on
Aug 21, 2018
Closed on
May 30, 2019
Sold by
Bennett Herbert
Bought by
Esposito Vincent
Seller's Agent
Scott Kompa
EXP Realty, LLC
Buyer's Agent
Scott Kompa
EXP Realty, LLC
List Price
$99,900
Sold Price
$55,000
Premium/Discount to List
-$44,900
-44.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.60%

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:

--
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
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
05/15/2019 05/15/19 Sold $55,000 -15.4% $43 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $65,000 -13.3% $51 / Sq Ft
02/17/2019 02/17/19 Price Changed $75,000 -24.9% $58 / Sq Ft
08/21/2018 08/21/18 For Sale $99,900 -- $78 / 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: 1002275202

Bright MLS

APN: 13-00019-0000-00018