David Marcantuno
Responds Quickly
Keller Williams Hometown
(484) 978-8261
202 Total Sales
1 in Salem
$342,400 Price
297 Pearl St Salem, NJ 08079
Salem AreaEstimated Value: $212,000 - $230,000
Studio
--
Bath
2,444
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Heating System Uses Natural Gas
About This Home
As of October 2025Income-Producing Duplex in Salem, NJ!
Great investment opportunity! This fully occupied duplex in Salem, NJ, offers steady rental income with long-term tenants already in place. The property features one 3-bedroom, 1-bathroom unit downstairs and one 2-bedroom, 1-bathroom unit upstairs, providing versatility and strong rental potential. Both units are well-maintained, offering comfortable living spaces for tenants. This property is ideal for investors looking to expand their portfolio with a reliable income-producing asset.
Last Agent to Sell the Property
(856) 388-2160 camilo.concepcion@compass.com Compass New Jersey, LLC - Haddon Township License #2442570 Listed on: 03/05/2025
Last Buyer's Agent
(844) 837-5274 bob.kalatschinow@teslarealtygroup.com Tesla Realty Group LLC License #9332472
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,037
Year Built
- Built in 1910
Lot Details
- 8,616 Sq Ft Lot
- Lot Dimensions are 73.00 x 118.00
Home Design
- 2,444 Sq Ft Home
- Duplex
- Traditional Architecture
- Block Foundation
- Frame Construction
Flooring
- Wood
- Carpet
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- On-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Back Up Gas Heat Pump System
- 100 Amp Service
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 00012
- Assessor Parcel Number 13-00024-00012
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Sep 24, 2025
Sold by
Bought by
Seller's Agent
Joe Polidoro
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Natalie Tyson
Tesla Realty Group LLC
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,856
Avg. Annual Appreciation
9.51%
Original Mortgage
$201,286
Outstanding Balance
$199,570
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$22,286
Purchase Details
Closed on
Feb 28, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,263
Interest Rate
6.27%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 9, 2023
Sold by
Bought by
Purchase Details
Closed on
Oct 28, 2014
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, NJ
-
David Marcantuno
-
Andrea Schilling
Andrea Schilling
Keller Williams Hometown
(267) 310-3162
52 Total Sales
2 in Salem
$75K - $104K Price Range
-
Jill Santandrea
Jill Santandrea
EXIT Realty Defined
(888) 599-8984
307 Total Sales
2 in Salem
$85K - $115K Price Range
-
Patricia Settar
Patricia Settar
Responds QuicklyBHHS Fox & Roach-Mullica Hill South
(640) 300-7079
560 Total Sales
1 in Salem
$230,000 Price
-
Phyllis Harvey
Phyllis Harvey
The Roarke Agency
(856) 326-1879
85 Total Sales
5 in Salem
$50K - $207K Price Range
-
Richard Clarke
Richard Clarke
Fathom Realty NJ, LLC
(856) 878-2131
70 Total Sales
31 in Salem
$3K - $260K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $212,500 | South Jersey Settlement | ||
| $130,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| $40,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $201,286 | ||
| Closed | $136,263 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Sold | $205,000 | +2.5% | $84 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Off Market | $200,000 | -- | -- |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $200,000 | -- | $82 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,236 | $49,100 | $10,700 | $38,400 |
| 2025 | $4,236 | $49,100 | $10,700 | $38,400 |
| 2024 | $3,860 | $49,100 | $10,700 | $38,400 |
| 2023 | $3,860 | $49,100 | $10,700 | $38,400 |
| 2022 | $3,691 | $49,100 | $10,700 | $38,400 |
| 2021 | $2,523 | $49,100 | $10,700 | $38,400 |
| 2020 | $3,492 | $49,100 | $10,700 | $38,400 |
| 2019 | $3,471 | $49,100 | $10,700 | $38,400 |
| 2018 | $3,395 | $49,100 | $10,700 | $38,400 |
| 2017 | $3,354 | $49,100 | $10,700 | $38,400 |
| 2016 | $3,838 | $98,000 | $15,400 | $82,600 |
| 2015 | $3,789 | $98,000 | $15,400 | $82,600 |
| 2014 | $3,769 | $98,000 | $15,400 | $82,600 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Polidoro
Seller's Agent in 2025
Joe Polidoro
Compass New Jersey, LLC - Haddon Township
(856) 357-1436
37 Total Sales
-
Natalie Tyson
Buyer's Agent in 2025
Natalie Tyson
Tesla Realty Group LLC
(856) 498-4062
61 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2014016
APN: 13-00024-0000-00012
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