50 Chestnut St Salem, NJ 08079
Salem NeighborhoodEstimated Value: $140,000 - $144,000
3
Beds
1
Bath
1,713
Sq Ft
$83/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
- Attic
- Laundry Room
- Dining Room
About This Home
As of December 2024Welcome to 50 Chestnut in historic Salem! This Twin home boasts excellent structural integrity and a well-designed floor plan. Step onto the oversized covered front porch and enter the Living Room, featuring original banisters and moldings that add character. The massive formal Dining Room is adorned with bay windows, creating a bright and inviting living space.The functional kitchen is complemented by a convenient half bath and a mud/laundry room that leads to the rear yard. Situated conveniently, the home backs up to the school, offering both accessibility and a peaceful setting.Moving upstairs to the second floor, you'll find three nicely sized bedrooms and a full bath complete with an original cast iron tub, adding to the home's vintage appeal. The third floor boasts a finished attic bonus room, providing versatile space for various needs.Additionally, the full unfinished basement offers ample storage space. Utilities include an above-ground oil tank in the basement, with public water and sewer services ensuring convenience.Come out and tour this property. (Note: 50 Chestnut is also available for sale under separate deed.)
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,622
Year Built
- Built in 1920
Lot Details
- 2,622 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Semi-Detached or Twin Home
- Traditional Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1,713 Sq Ft Home
- Property has 2 Levels
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
- Attic
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 13-00058-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2024
Closed on
Dec 11, 2024
Sold by
Delaware Valley Opportunity Fund 231 Llc
Bought by
Hellerman Alysa
Seller's Agent
Alexander Torres
Society
Buyer's Agent
Connie Curci
RE/MAX Of Cherry Hill
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,044
Avg. Annual Appreciation
-4.32%
Original Mortgage
$130,000
Outstanding Balance
$129,554
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$12,402
Purchase Details
Closed on
May 23, 2023
Sold by
Johnson Jalon M and Dupree Paris B
Bought by
Delaware Valley Opportunity Fund 231 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.03%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 23, 2018
Sold by
Lester Sharon and Lester Jackie
Bought by
Johnson Jalon M and Dupree Paris B
Purchase Details
Listed on
Nov 25, 2015
Closed on
Sep 7, 2016
Sold by
Fannie Mae
Bought by
Lester Sharon and Lester Jackie
Seller's Agent
Monica Falciani
A J Falciani Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$6,700
Sold Price
$8,200
Premium/Discount to List
$1,500
22.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.17%
Purchase Details
Closed on
Mar 25, 2004
Sold by
Necelis Tracy
Bought by
Necelis Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 13, 1997
Sold by
Necelis Mark and Necelis Tracy
Bought by
Necelis Tracy
Purchase Details
Closed on
Aug 18, 1995
Sold by
Necelis Tracy and Steward Tracy Lynn
Bought by
Necelis Mark and Necelis Tracy
Similar Homes in Salem, NJ
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hellerman Alysa | $145,000 | National Integrity | |
| Delaware Valley Opportunity Fund 231 Llc | $75,000 | None Listed On Document | |
| Johnson Jalon M | $13,000 | -- | |
| Lester Sharon | $8,200 | Brennan Title | |
| Necelis Tracy | -- | -- | |
| Necelis Tracy | -- | -- | |
| Necelis Mark | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hellerman Alysa | $130,000 | |
| Previous Owner | Delaware Valley Opportunity Fu | $171,900 | |
| Previous Owner | Delaware Valley Opportunity Fund 231 Llc | $171,900 | |
| Previous Owner | Necelis Tracy L | $120,000 | |
| Previous Owner | Necelis Tracy | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $145,000 | 0.0% | $85 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | Price Changed | $145,000 | -3.3% | $85 / Sq Ft |
| 07/13/2024 07/13/24 | For Sale | $150,000 | +100.0% | $88 / Sq Ft |
| 06/18/2024 06/18/24 | Sold | $75,000 | -15.7% | $44 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/05/2024 05/05/24 | For Sale | $89,000 | +612.0% | $52 / Sq Ft |
| 02/08/2016 02/08/16 | Sold | $12,500 | +58.2% | $9 / Sq Ft |
| 01/06/2016 01/06/16 | Pending | -- | -- | -- |
| 11/25/2015 11/25/15 | For Sale | $7,900 | -- | $6 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,176 | $40,400 | $6,600 | $33,800 |
| 2023 | $3,176 | $40,400 | $6,600 | $33,800 |
| 2022 | $3,037 | $40,400 | $6,600 | $33,800 |
| 2021 | $2,932 | $40,400 | $6,600 | $33,800 |
| 2020 | $2,873 | $40,400 | $6,600 | $33,800 |
| 2019 | $2,856 | $40,400 | $6,600 | $33,800 |
| 2018 | $2,793 | $40,400 | $6,600 | $33,800 |
| 2017 | $2,759 | $40,400 | $6,600 | $33,800 |
| 2016 | $3,427 | $87,500 | $32,700 | $54,800 |
| 2015 | $3,383 | $87,500 | $32,700 | $54,800 |
| 2014 | $3,365 | $87,500 | $32,700 | $54,800 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Torres
A
Seller's Agent in 2024
Alexander Torres
Society
(267) 453-7919
6 in this area
10 Total Sales
-
Nancy Casey
Seller's Agent in 2024
Nancy Casey
BHHS Fox & Roach
(609) 560-7517
6 in this area
98 Total Sales
-
Connie Curci
Buyer's Agent in 2024
Connie Curci
RE/MAX
(856) 452-0871
1 in this area
239 Total Sales
-
Drew Conlin
D
Buyer's Agent in 2024
Drew Conlin
Society
(856) 473-8534
9 in this area
29 Total Sales
-
Monica Falciani
Seller's Agent in 2016
Monica Falciani
A J Falciani Realty
(609) 247-8650
1 in this area
258 Total Sales
-
datacorrect BrightMLS
d
Seller Co-Listing Agent in 2016
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJSA2011572
APN: 13-00058-0000-00007
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