NOT LISTED FOR SALE

342 E Broadway Salem, NJ 08079

Estimated Value: $78,331 - $135,000

2 Beds
1 Bath
1,344 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $55,000 $41 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $746/month

49 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Family Room
  • Attic
  • Forced Air Heating System

About This Home

As of July 2022

Calling all investors! This twin home already has charm. In a prime location close to town shops and bus stops. This well maintained home can be your next home or rental. The attic can easily be transformed into a 3rd bedroom. Come with your fresh ideas.

Last Agent to Sell the Property

Stephine Ransome

(609) 254-8414 Stephjune4@gmail.com Ellis Group Property Management LLC License #2078681 Listed on: 05/21/2022

Last Buyer's Agent

Karen Casey

(609) 617-2670 marla@nancykowalik.com RE/MAX Preferred - Cherry Hill License #0678608

RE/MAX Preferred - Cherry Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1920

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 30.00 x 160.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 13-00041-00008

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,416

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: AS IS CONDITION
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 46.13
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • 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: Aluminum Siding
  • Roof: Shingle
  • Spa: No
  • 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
  • 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 26600.00
  • Land Assessed Value: 6700.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 30.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 21906409
  • Tax Annual Amount: 2416.00
  • Assessor Parcel Number: 13-00041-00008
  • Tax Lot: 00008
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: SALEM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Galante Nick
Bought by
Ngg Properties Llc
Current Estimated Value
$98,833

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 28, 2022
Sold by
Unknown
Bought by
Galante Nick
Seller's Agent
Stephine Ransome
Ellis Group Property Management LLC
Buyer's Agent
Karen Casey
RE/MAX Preferred - Cherry Hill
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%

Purchase Details

Closed on
May 15, 2001
Sold by
Affordable Estates Llc
Bought by
Wilson Traci J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,770
Interest Rate
7.03%

Purchase Details

Closed on
Jul 17, 1999
Sold by
Manufacturers & Traders Trust Company
Bought by
Affordable Estates Llc

Purchase Details

Closed on
Jan 8, 1999
Sold by
Myers Barry E
Bought by
Manufacturers & Traders Trust Company
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
Ngg Properties Llc -- None Listed On Document
Ngg Properties Llc -- None Listed On Document
Galante Nick $55,000 Rodio William A
Galante Nick $55,000 Rodio William A
Wilson Traci J $15,000 --
Affordable Estates Llc $16,720 Title Associates Agency Inc
Manufacturers & Traders Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Traci J $13,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $55,000 -11.3% $41 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $62,000 -- $46 / 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 $2,738 $33,300 $6,700 $26,600
2024 $2,618 $33,300 $6,700 $26,600
2023 $2,618 $33,300 $6,700 $26,600
2022 $2,503 $33,300 $6,700 $26,600
2021 $2,417 $33,300 $6,700 $26,600
2020 $2,368 $33,300 $6,700 $26,600
2019 $2,354 $33,300 $6,700 $26,600
2018 $2,302 $33,300 $6,700 $26,600
2017 $2,274 $33,300 $6,700 $26,600
2016 $3,309 $84,500 $14,400 $70,100
2015 $3,267 $84,500 $14,400 $70,100
2014 $3,250 $84,500 $14,400 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Stephine Ransome

    Seller's Agent in 2022

    Stephine Ransome

    Ellis Group Property Management LLC

    (609) 254-8414

    9 in this area

    45 Total Sales

    Stephine Ransome
    Section Image
  • Karen Casey

    Buyer's Agent in 2022

    Karen Casey

    RE/MAX

    (609) 617-2670

    3 in this area

    445 Total Sales

    Karen Casey
    Section Image
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Map

Source: Bright MLS

MLS Number: NJSA2004160

Bright MLS

APN: 13-00041-0000-00008

New Jersey Salem County Salem 08079

342 E Broadway, Salem, NJ

Not Listed for Sale

Townhouses

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