NOT LISTED FOR SALE

26 Chestnut St Salem, NJ 08079

Estimated Value: $156,000 - $220,000

5 Beds
1 Bath
2,401 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $200,000 $83 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,429/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 60+ Gallon Tank
  • More Than Two Accessible Exits

About This Home

As of September 2024

Welcome to this historic gem located on Chestnut St in Salem! This large 5 bedroom 1 bathroom home is the perfect combination of new and old. Don't miss the beautifully maintained original wood trim, doors, and built-ins throughout the house that gives extra charm. Downstairs, you'll find a living room with a fireplace, an updated kitchen with a farmhouse sink and new countertops, a large dining room for all of your hosting needs, and a spare entry room in the back for additional storage. On the second floor are three bedrooms and a full updated bathroom. On the third floor are the additional two bedrooms that can be used as living space, home office, playroom, or storage. The large backyard is fully fenced in with room for creating a driveway that has off street parking. This unique property sits on the corner of one of the most highly sought after streets in Salem City. Book your appointment today!

Last Agent to Sell the Property

Bradley Perez

(609) 383-5668 Brad@BpBestDeals.com Real Broker, LLC Listed on: 08/07/2024

Real Broker, LLC

Last Buyer's Agent

Jerome Washington

(856) 888-4393 homes@bigcityflips.com Neighborhood Assistance Corp. of America (NACA)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1900

Lot Details

  • 5,175 Sq Ft Lot
  • Lot Dimensions are 45.00 x 115.00

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,401 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 13-00058-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,881

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Brick/Mortar
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2401
  • Living Area Sq Ft: 2401
  • Price Per Sq Ft: 83.30
  • Above Grade Finished Sq Ft: 2401
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • 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: Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • 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: 0.12
  • Lot Dimensions: 45.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5175.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4881.00
  • Assessor Parcel Number: 13-00058-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 30, 2024
Sold by
Ejmm Llc
Bought by
Brown Dayvon
Seller's Agent
Bradley Perez
Real Broker, LLC
Buyer's Agent
Jerome Washington
Neighborhood Assistance Corp. of America (NACA)
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%
Views
81
Current Estimated Value
$193,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,342
Avg. Annual Appreciation
-2.49%
Original Mortgage
$194,000
Outstanding Balance
$192,054
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$1,604

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 5, 2024
Sold by
Young Kelleah B and Young Frederick F
Bought by
Ejmm Llc
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
Richard Clarke
Exit Homestead Realty Professi
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
959.87%

Purchase Details

Closed on
Feb 4, 2021
Sold by
Morris Hattie
Bought by
Young Kelleah B and Young Frederick F

Purchase Details

Closed on
Aug 20, 1993
Sold by
Jenkins David A
Bought by
Morris Hattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.11%
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
Brown Dayvon $200,000 None Listed On Document
Ejmm Llc $17,000 None Listed On Document
Ejmm Llc $17,000 None Listed On Document
Young Kelleah B $10,000 West Jersey Title Agency
Morris Hattie $68,000 --
Morris Roy C + Hattie $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Dayvon $194,000
Previous Owner Morris Roy C + Hattie $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $200,000 0.0% $83 / Sq Ft
08/14/2024 08/14/24 Price Changed $200,000 +5.8% $83 / Sq Ft
08/07/2024 08/07/24 For Sale $189,000 +215.0% $79 / Sq Ft
03/25/2024 03/25/24 Sold $60,000 -14.2% $25 / Sq Ft View Prior Sale
03/16/2024 03/16/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $69,900 -- $29 / 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 $5,106 $62,100 $8,500 $53,600
2024 $4,882 $62,100 $8,500 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2011830

Bright MLS

APN: 13-00058-0000-00002