NOT LISTED FOR SALE

38 Salem St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $448,000 - $498,000

4 Beds
4 Baths
-- Sq Ft
33 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $498,000

Est. 3% decrease in value since last sale

Current estimated payment $2,892/month

16 Days on Market

About This Home

As of April 2024

This home is located at 38 Salem St, Newark, NJ 07106 since 29 January 2024 and is currently estimated at $482,815. This property was built in 1925. 38 Salem St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Zorayda Neal

COLDWELL BANKER REALTY Brokerage Phone: 973-668-7570 Listed on: 01/29/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

GODFRED APPIAH

RE/MAX LIFETIME REALTORS

RE/MAX LIFETIME REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1925

Lot Details

  • 33 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,194

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • I D: 5266593
  • Attribution Contact: 973-668-7570
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 33.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Sep 10, 2023
Sold by
Anh I Llc
Bought by
Sampson Desa and Sampson Keron
Seller's Agent
Charles Thompson
The Thompson Realty Group
Buyer's Agent
Charles Thompson
The Thompson Realty Group
List Price
$310,000
Sold Price
$350,000
Premium/Discount to List
$40,000
12.9%
Views
315
Current Estimated Value
$482,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,815
Avg. Annual Appreciation
16.90%
Original Mortgage
$315,425
Outstanding Balance
$308,604
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$174,211

Purchase Details

Closed on
Nov 26, 2001

Purchase Details

Closed on
Feb 10, 1993
Sold by
Ridley Karla
Bought by
Purvis Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1990
Sold by
Robinson Hutchinse Karen
Bought by
Ridley Karla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sampson Desa $350,000 Stewart Title Guaranty Company
-- -- --
Purvis Alma $69,900 --
Ridley Karla $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampson Desa $315,425
Previous Owner Purvis Alma $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold $498,000 +13.2% --
02/14/2024 02/14/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $439,900 +25.7% --
11/01/2023 11/01/23 Sold $350,000 +12.9% -- View Prior Sale
09/22/2023 09/22/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $310,000 -11.4% --
03/23/2023 03/23/23 Off Market $350,000 -- --
03/14/2023 03/14/23 For Sale $310,000 -- --
Source: Garden State 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 $4,194 $284,900 $17,300 $267,600
2024 $4,194 $112,500 $17,300 $95,200
2022 $4,203 $112,500 $17,300 $95,200
2021 $4,201 $112,500 $17,300 $95,200
2020 $4,275 $112,500 $17,300 $95,200
2019 $4,231 $112,500 $17,300 $95,200
2018 $4,155 $112,500 $17,300 $95,200
2017 $4,005 $112,500 $17,300 $95,200
2016 $3,870 $112,500 $17,300 $95,200
2015 $3,723 $112,500 $17,300 $95,200
2014 $3,489 $112,500 $17,300 $95,200
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zorayda Neal

    COLDWELL BANKER REALTY

    (818) 651-4501

    1 in this area

    21 Total Sales

    Zorayda Neal
    Section Image
  • GODFRED APPIAH

    Buyer's Agent in 2024

    GODFRED APPIAH

    RE/MAX

    (973) 494-4469

    2 in this area

    54 Total Sales

    GODFRED APPIAH
    Section Image
  • Charles Thompson

    Seller's Agent in 2023

    Charles Thompson

    The Thompson Realty Group

    (201) 562-7274

    1 in this area

    40 Total Sales

    Charles Thompson
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3883471

Garden State MLS

APN: 14-04114-0000-00024

New Jersey Essex County Newark 07106 Lower Vailsburg

38 Salem St, Newark, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes