NOT LISTED FOR SALE

48 Route 45 Salem, NJ 08079

Estimated Value: $162,550 - $236,000

2 Beds
1 Bath
1,040 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $25,000 $24 Per Sq Ft

Est. 656% increase in value since last sale

Current estimated payment $1,237/month

81 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Mannington Township School Rated A-
  • Living Room
  • Dining Room

About This Home

As of May 2023

This property is a two story home located close the the City of Salem. There is a full front porch that provides access to the living room, then leads into the dining room, then the kitchen which is located in the rear of the home with an exterior door to the back yard. There is a full bathroom off the kitchen. There are 2 bedrooms upstairs. Close to local amenities in Salem City.

Last Agent to Sell the Property

Michele Kelly

S. Kelly Real Estate LLC License #9696746 Listed on: 01/26/2023

Last Buyer's Agent

Carlo Drogo

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1800

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned CON

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 06-00067-00011

Home Details

Home Type

Single Family

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Remarks Public: This property is a two story home located close the the City of Salem. There is a full front porch that provides access to the living room, then leads into the dining room, then the kitchen which is located in the rear of the home with an exterior door to the back yard. There is a full bathroom off the kitchen. There are 2 bedrooms upstairs. Close to local amenities in Salem City.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 28.75
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MANNINGTON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396388
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55600.00
  • Land Assessed Value: 15000.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: CON

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2197892
  • Tax Annual Amount: 2447.00
  • Assessor Parcel Number: 06-00067-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 1040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/22/2023

MLS Schools

  • School District Name: MANNINGTON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 27, 2023
Sold by
Babylon Capital Llc
Bought by
Multistyle Enterprises Llc
Seller's Agent
Michele Kelly
S. Kelly Real Estate LLC
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$37,500
Sold Price
$25,000
Premium/Discount to List
-$12,500
-33.33%
Views
365
Current Estimated Value
$188,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,888
Avg. Annual Appreciation
106.41%
Source: Public Records

Range of Values:

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Average Value
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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
Multistyle Enterprises Llc $25,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Phyllis M $50,000
Previous Owner Carter Phyllis M $40,000
Previous Owner Carter Phyllis M $27,916
Previous Owner Carter Margolyn D $11,941
Previous Owner Carter Phyllis M $28,871
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $25,000 -16.4% $24 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $29,900 -14.3% $29 / Sq Ft
03/09/2023 03/09/23 Price Changed $34,900 -6.9% $34 / Sq Ft
01/26/2023 01/26/23 For Sale $37,500 -- $36 / 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
2024 $2,437 $85,300 $15,000 $70,300
2023 $2,437 $70,600 $15,000 $55,600
2022 $2,448 $70,600 $15,000 $55,600
2021 $2,389 $70,600 $15,000 $55,600
2020 $2,245 $70,600 $15,000 $55,600
2019 $2,186 $70,600 $15,000 $55,600
2018 $2,086 $70,600 $15,000 $55,600
2017 $2,030 $70,600 $15,000 $55,600
2016 $1,927 $70,600 $15,000 $55,600
2015 $1,781 $70,600 $15,000 $55,600
2014 $1,726 $70,600 $15,000 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2006562

Bright MLS

APN: 06-00067-0000-00011