$200,000
SOLD SEP 26, 2024
5 Beds
1 Bath
2,401 Sq Ft
5,175 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

6% Above List Price

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

Real Broker, LLC Listed on: 08/07/2024

Real Broker, LLC

Last Buyer's Agent

Jerome Washington

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
  • Remarks Public: 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!
  • 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
  • Street Number Modifier: 26

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: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • 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
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4881.00
  • Assessor Parcel Number: 13-00058-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2401
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/26/2024

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
$200,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793
Avg. Annual Appreciation
3.20%
Original Mortgage
$194,000
Outstanding Balance
$193,039
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$11,620

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $200,000 None Listed On Document
Deed $17,000 None Listed On Document
Deed $10,000 West Jersey Title Agency
Deed $68,000 --
Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,000 New Conventional
Previous Owner $44,000 Unknown
Previous Owner $54,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
2024 $4,882 $62,100 $8,500 $53,600
2023 $4,882 $62,100 $8,500 $53,600
2022 $4,668 $62,100 $8,500 $53,600
2021 $4,479 $62,100 $8,500 $53,600
2020 $4,417 $62,100 $8,500 $53,600
2019 $4,390 $62,100 $8,500 $53,600
2018 $4,294 $62,100 $8,500 $53,600
2017 $4,241 $62,100 $8,500 $53,600
2016 $5,020 $128,200 $33,200 $95,000
2015 $4,956 $128,200 $33,200 $95,000
2014 $4,931 $128,200 $33,200 $95,000
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