NOT LISTED FOR SALE

355 Morrison Ave Salem, NJ 08079

Salem Area

Estimated Value: $118,000 - $217,000

4 Beds
2 Baths
1,532 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2023

Last sale price $170,000 $111 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,405 / mo

5 Days on Market

Highlights

  • 0.33 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

*** 3/31/23 - MULTIPLE OFFERS RECEIVED, Showings Stop Sunday 4/2/23 ***
WELCOME to the BEAUTIFUL neighborhood of Morrison Avenue, in the HISTORIC City of Salem N.J.! This STUNNING 4 bedroom, 2 bathroom home is situated on a QUIET dead end street and is absolutely LOADED with CHARM at every turn! From its GORGEOUS original wood flooring to its SPACIOUS bedrooms and original trimming, this home has it all! You'll love spending time on the TWO SCREENED PORCHES, enjoying your morning, afternoon, and evening coffee or tea.

As you enter the main level, you'll step into a BEAUTIFUL living room with a hallway to the right leading to two nice sized bedrooms with a full bathroom in between. Upstairs, you'll find two more SPACIOUS bedrooms and another full bathroom. The home also features a FULL and CLEAN basement with washer and dryer hookups.

This home has been METICULOUSLY maintained and is move-in ready! Don't miss out on the opportunity to invest in this FABULOUS home, PRICED RIGHT and situated on a LARGE parcel of land. With so much CHARM and CHARACTER, this home is sure to go quickly! Schedule your tour today before it's too late!

Last Agent to Sell the Property

Tim Kaganzev

(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #2185666 Listed on: 03/29/2023

EXP Realty, LLC

Co-Listed By

Carlo Drogo

(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #1756500

Last Buyer's Agent

Kathleen Quarterman

(856) 283-2338 kat@quartermangroup.com Quarterman Realty Group Inc. License #RM426039

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1939

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 50.00 x 280.00

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 13-00039-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1939

Lot Details

0.33 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: kitchen appliances/washer/Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-30
  • Federal Flood Zone: No
  • Year Built: 1939
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1532
  • Living Area Sq Ft: 1532
  • Price Per Sq Ft: 97.26
  • Above Grade Finished Sq Ft: 1532
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Other
  • 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: 37900.00
  • Land Assessed Value: 17100.00
  • Lot Size Acres: 0.33
  • Lot Dimensions: 50.00 x 280.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14374.80
  • Zoning: R-1

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 21906359
  • Tax Annual Amount: 4134.00
  • Assessor Parcel Number: 13-00039-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

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 29, 2023
Closed on
May 15, 2023
Sold by
Bought by
Seller's Agent
Tim Kaganzev
EXP Realty, LLC
Buyer's Agent
Kathleen Quarterman
Quarterman Realty Group Inc.
List Price
$149,000
Sold Price
$170,000
Premium/Discount to List
$21,000
14.09%
Views
138
Current Estimated Value
$184,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,270
Avg. Annual Appreciation
2.49%
Original Mortgage
$136,000
Outstanding Balance
$133,465
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$50,805

Purchase Details

Listed on
Dec 31, 2018
Closed on
Feb 6, 2019
Sold by
Bought by
Seller's Agent
Brittany Vanaman
BHHS Fox & Roach - Pittsgrove
Buyer's Agent
Tammy Lutek
Barragan Realty LLC
List Price
$49,900
Sold Price
$48,500
Premium/Discount to List
-$1,400
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.05%

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 30, 2017
Sold by
Bought by
Seller's Agent
Eric Krwawecz
Valco Real Estate Services
Buyer's Agent
Marla Newmaster
S. Kelly Real Estate LLC
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.47%

Purchase Details

Closed on
Apr 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2008
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
$127,006
Interest Rate
6.18%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Salem, NJ

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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
$170,000 None Listed On Document
$48,500 --
$32,500 None Available
$166,044 Fortune Title Agency Inc
$129,000 --
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 $136,000
Previous Owner $127,006
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 Prior Sale
05/15/2023 05/15/23 Sold $170,000 +14.1% $111 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $149,000 +207.2% $97 / Sq Ft
02/04/2019 02/04/19 Sold $48,500 0.0% $32 / Sq Ft View Prior Sale
01/14/2019 01/14/19 Pending -- -- --
01/12/2019 01/12/19 Price Changed $48,500 -2.8% $32 / Sq Ft
12/31/2018 12/31/18 For Sale $49,900 +53.5% $33 / Sq Ft
07/18/2017 07/18/17 Sold $32,500 -6.9% $36 / Sq Ft View Prior Sale
06/26/2017 06/26/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $34,900 -- $39 / 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 $4,745 $55,000 $17,100 $37,900
2025 $4,745 $55,000 $17,100 $37,900
2024 $4,324 $55,000 $17,100 $37,900
2023 $4,324 $55,000 $17,100 $37,900
2022 $4,134 $55,000 $17,100 $37,900
2021 $3,887 $55,000 $17,100 $37,900
2020 $5,028 $70,700 $17,100 $53,600
2019 $4,998 $70,700 $17,100 $53,600
2018 $4,888 $70,700 $17,100 $53,600
2017 $4,829 $70,700 $17,100 $53,600
2016 $4,288 $109,500 $36,700 $72,800
2015 $4,233 $109,500 $36,700 $72,800
2014 $4,211 $109,500 $36,700 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2007068

Bright MLS

APN: 13-00039-0000-00005

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