39 Oak St Salem, NJ 08079
Salem NeighborhoodEstimated payment $1,666/month
Total Views
248
--
Bed
--
Bath
2,072
Sq Ft
$121
Price per Sq Ft
Highlights
- Colonial Architecture
- High Ceiling
- Property is in excellent condition
- Wood Flooring
- Electric Baseboard Heater
About This Home
Cash flowing 2 family in Salem NJ. This renovated duplex offers a turnkey investment opportunity with paying tenants in place. Unit A- 3 beds 1 bath paying $1525/month, Unit B- 4 beds 1 bath paying $1725/month. $3,250 in gross rent with low expenses. Management in place to truly make this a turnkey investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,765
Year Built
- Built in 1906 | Remodeled in 2024
Lot Details
- 3,751 Sq Ft Lot
- Lot Dimensions are 25.00 x 150.00
- Property is in excellent condition
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Metal Roof
Interior Spaces
- 2,072 Sq Ft Home
- High Ceiling
- Wood Flooring
- Unfinished Basement
- Interior Basement Entry
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Natural Gas Water Heater
- Municipal Trash
Community Details
- 2 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 00029
- Assessor Parcel Number 13-00077-00029
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,765 | $47,900 | $7,800 | $40,100 |
| 2023 | $3,765 | $47,900 | $7,800 | $40,100 |
| 2022 | $3,601 | $47,900 | $7,800 | $40,100 |
| 2021 | $3,477 | $47,900 | $7,800 | $40,100 |
| 2020 | $3,407 | $47,900 | $7,800 | $40,100 |
| 2019 | $3,386 | $47,900 | $7,800 | $40,100 |
| 2018 | $3,312 | $47,900 | $7,800 | $40,100 |
| 2017 | $3,272 | $47,900 | $7,800 | $40,100 |
| 2016 | $4,570 | $116,700 | $19,100 | $97,600 |
| 2015 | $4,512 | $116,700 | $19,100 | $97,600 |
| 2014 | $4,488 | $116,700 | $19,100 | $97,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $250,000 | +166.0% | $121 / Sq Ft |
| 06/10/2024 06/10/24 | Sold | $94,000 | -6.0% | $45 / Sq Ft |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $100,000 | +185.7% | $48 / Sq Ft |
| 04/23/2021 04/23/21 | Sold | $35,000 | 0.0% | $15 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $35,000 | 0.0% | $15 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | For Sale | $35,000 | -- | $15 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $94,000 | Stewart Title Guaranty Company | |
| Deed | $55,000 | Walters Jeffrey S | |
| Deed | $35,000 | National Integrity Llc | |
| Sheriffs Deed | -- | None Available | |
| Deed | $132,000 | -- | |
| Bargain Sale Deed | -- | Fidelity Natl Title Ins Co | |
| Executors Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | Construction | |
| Previous Owner | $136,500 | New Conventional | |
| Previous Owner | $90,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $41,200 | No Value Available |
Source: Public Records
Similar Homes in Salem, NJ
Source: Bright MLS
MLS Number: NJSA2016132
APN: 13-00077-0000-00029
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