NOT LISTED FOR SALE

48 Slape Ave Salem, NJ 08079

Estimated Value: $441,000 - $855,000

3 Beds
2 Baths
2,705 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $429,900 $159 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,933/month

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Stream or River on Lot
  • Bay View
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of May 2023

Are you looking for a house that has it all, look no further with this waterfront property with breathataking sunsets. This 3 bedroom 2 bathroom dream home is offering you floor to ceiling windows, fireplace witha custom made mantel, recessed lighting, two zone heating and air conditioning, an open floor plan, a huge kitchen island, solid walnut kitchen cabinets, granite countertops, harwood floors throughout the house and a primary bedroom, walk in closet and primary bathroom make up the whole 2nd floor. The home office makes it easy for you to work from home while still being able to enjoy this fantastic view. As if all that was not enough, you are just steps away to the beach so you can enjoy kayaking, boating, fishing or swimming. Relax after a long day on the back deck while you enjoy those breathtaking sunsets. Words and pictures are not enough to describe this beautiful home.

Last Agent to Sell the Property

Nancy Hund

(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #1645158 Listed on: 05/04/2023

EXP Realty, LLC

Last Buyer's Agent

John McFadden

(610) 566-1340 johnmcfadden@remax.net RE/MAX Hometown Realtors License #RM420338

RE/MAX Hometown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,689

Year Built

  • Built in 1956 | Remodeled in 2004

Lot Details

  • 6,652 Sq Ft Lot
  • Lot Dimensions are 50.00 x 133.00
  • 50 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,705 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot
  • Deck
  • Porch

Schools

  • Salem High School

Utilities

  • Air Filtration System
  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • River Front Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 04-00012-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,689

Year Built

Built in 1956 | Remodeled in 2004

Lot Details

6,652 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1956
  • Year Renovated: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Ceiling Fan(s), Air Filter System, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2705
  • Living Area Sq Ft: 2705
  • Price Per Sq Ft: 158.93
  • Above Grade Finished Sq Ft: 2705
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Stucco
  • View: Bay, Water
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SALEM

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 133.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6652.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9689.00
  • Assessor Parcel Number: 04-00012-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
May 11, 2023
Sold by
Shore Management Company Of Delaware Val
Bought by
Dent Stephen J and Dent Joanne D
Seller's Agent
Nancy Hund
EXP Realty, LLC
Buyer's Agent
John McFadden
RE/MAX Hometown Realtors
List Price
$429,900
Sold Price
$429,900
Current Estimated Value
$594,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,566
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Feb 7, 2022
Sold by
County Of Salem
Bought by
Shore Management Co Of Delaware Valley Ii Inc

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jun 30, 2015
Sold by
Oconnell Patrick J and Oconnell Christie L
Bought by
Sams Sarah Althoff
Seller's Agent
Dawn Rapa
OMNI Real Estate Professionals
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$319,900
Sold Price
$324,900
Premium/Discount to List
$5,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$319,014
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2003
Sold by
Barr Sara M
Bought by
Oconnell Patrick J and Oconnell Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Dent Stephen J $429,900 None Listed On Document
Dent Stephen J $429,900 None Listed On Document
Shore Management Co Of Delaware Valley Ii Inc $212,500 None Listed On Document
Sams Sarah Althoff $324,900 None Available
Oconnell Patrick J $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sams Sarah Althoff $319,014
Previous Owner Oconnell Patrick J $140,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2023 05/11/23 Sold $429,900 0.0% $159 / Sq Ft
05/04/2023 05/04/23 For Sale $429,900 +32.3% $159 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
06/30/2015 06/30/15 Sold $324,900 +1.6% $120 / Sq Ft View Prior Sale
05/13/2015 05/13/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $319,900 -- $118 / Sq Ft
Source: Bright MLS

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 $10,486 $336,100 $98,400 $237,700
2024 $9,938 $336,100 $98,400 $237,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2007518

Bright MLS

APN: 04-00012-0000-00005

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