NOT LISTED FOR SALE

294 E Broadway Salem, NJ 08079

Estimated Value: $60,000 - $155,000

3 Beds
1 Bath
1,856 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $32,500 $18 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $685/month

42 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • More Than Two Accessible Exits
  • Wood Flooring

About This Home

As of September 2021

Calling all investors don't let this one slip through your fingers this 3 BR 1 BR home has two meters so could be broken down into two units for rental. There is a separate area that is a 1 BR with 1 BR off the kitchen that has its own separate exterior entrance. Seller is willing to bundle with NJSA2000452 and NJSA2000460. Properties are being sold strictly in as is condition buyer is responsible for certificate of Occupancy, any inspections are for buyers information only.

Last Agent to Sell the Property

Richard Clarke

(443) 553-6726 richardclarke@eprealtymd.com Exit Homestead Realty Professi License #1644855 Listed on: 07/20/2021

Exit Homestead Realty Professi

Last Buyer's Agent

Ty Lane

(856) 952-1490 tlane@weichert.com Weichert Realtors-Turnersville

Weichert Realtors-Turnersville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 165.00
  • Property is in below average condition
  • Property is zoned RLC

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • A-Frame Home
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • Property has 2.5 Levels
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 13-00035-00013

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame, Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: All items considered personal property
  • Home Warranty: No
  • Inclusions: All Items not considered personal property
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1856
  • Living Area Sq Ft: 1856
  • Price Per Sq Ft: 32.33
  • Above Grade Finished Sq Ft: 1856
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas, Natural Gas Available
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 40200.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Property Condition: Below Average
  • Zoning: RLC

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 21906284
  • Tax Annual Amount: 3337.00
  • Assessor Parcel Number: 13-00035-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 17, 2021
Sold by
Drove Llc
Bought by
Jaj Realty Holdings Llc
Seller's Agent
Richard Clarke
Exit Homestead Realty Professi
Buyer's Agent
Ty Lane
Weichert Realtors-Turnersville
List Price
$60,000
Sold Price
$32,500
Premium/Discount to List
-$27,500
-45.83%
Current Estimated Value
$109,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,350
Avg. Annual Appreciation
32.92%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 28, 2018
Sold by
Rpmb Properties Llc
Bought by
Drove Llc
Seller's Agent
Chris Lane
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Rob Moussally
American Dream Realty of South Jersey
List Price
$9,990
Sold Price
$8,000
Premium/Discount to List
-$1,990
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.78%

Purchase Details

Closed on
Feb 3, 2017
Sold by
Wells Fargo Bank Na
Bought by
21St Mortgage Corp

Purchase Details

Closed on
Mar 28, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Gomeringer Stacey

Purchase Details

Closed on
Oct 6, 2006
Sold by
Saunders Etta J
Bought by
Deutsche National Bank Trust Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jaj Realty Holdings Llc $32,500 Salem Oak Title Agency Inc
Drove Llc $12,000 --
Rpmb Properties Llc $8,000 --
21St Mortgage Corp -- None Available
Gomeringer Stacey $37,000 --
Deutsche National Bank Trust Co -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $32,500 -45.8% $18 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $60,000 +650.0% $32 / Sq Ft
03/30/2018 03/30/18 Sold $8,000 -19.9% $4 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $9,990 -0.1% $6 / Sq Ft
02/03/2018 02/03/18 Sold $9,999 0.0% $6 / Sq Ft View Prior Sale
01/08/2018 01/08/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $9,999 -- $6 / 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 $3,881 $47,200 $7,000 $40,200
2024 $3,710 $47,200 $7,000 $40,200
2023 $3,710 $47,200 $7,000 $40,200
2022 $3,548 $47,200 $7,000 $40,200
2021 $3,426 $47,200 $7,000 $40,200
2020 $3,357 $47,200 $7,000 $40,200
2019 $3,337 $47,200 $7,000 $40,200
2018 $3,263 $47,200 $7,000 $40,200
2017 $3,224 $47,200 $7,000 $40,200
2016 $4,108 $104,900 $14,900 $90,000
2015 $4,055 $104,900 $14,900 $90,000
2014 $4,034 $104,900 $14,900 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2000458

Bright MLS

APN: 13-00035-0000-00013