518 Salem Way Galloway, NJ 08205
Estimated Value: $352,202 - $417,000
--
Bed
--
Bath
1,497
Sq Ft
$260/Sq Ft
Est. Value
About This Home
This home is located at 518 Salem Way, Galloway, NJ 08205 and is currently estimated at $389,801, approximately $260 per square foot. 518 Salem Way is a home located in Atlantic County with nearby schools including Cedar Creek High School, Oakcrest High School, and Atlantic Community Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 27, 2005
Sold by
Otto John
Bought by
Anthony Morano
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$118,055
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,746
Purchase Details
Closed on
May 19, 1999
Sold by
K Hovnanian At Smithville Inc
Bought by
Otto John G and Otto Nancy A
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 |
|---|---|---|---|
| Anthony Morano | $278,000 | -- | |
| Otto John G | $137,712 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anthony Morano | $218,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $4,740 | $142,000 | $33,300 | $108,700 |
| 2024 | $4,740 | $142,000 | $33,300 | $108,700 |
| 2023 | $4,560 | $142,000 | $33,300 | $108,700 |
| 2022 | $4,560 | $142,000 | $33,300 | $108,700 |
| 2021 | $4,469 | $142,000 | $33,300 | $108,700 |
| 2020 | $4,398 | $142,000 | $33,300 | $108,700 |
| 2019 | $4,317 | $142,000 | $33,300 | $108,700 |
| 2018 | $4,378 | $142,000 | $33,300 | $108,700 |
| 2017 | $4,378 | $142,000 | $33,300 | $108,700 |
| 2016 | $4,340 | $142,000 | $33,300 | $108,700 |
| 2015 | $4,320 | $142,000 | $33,300 | $108,700 |
| 2014 | $4,176 | $142,000 | $33,300 | $108,700 |
Source: Public Records
Map
Nearby Homes
- 558 Yarmouth Ct
- 531 Salem Way
- 569 Chatham Way
- 517 Weston Dr
- 58 Meadow Ridge Rd Unit 58
- 685 E Lake Front Cir Unit 81
- 37 Driftwood Ct Unit 37
- 81 Trotters Ln
- 559 E Revere Way
- 44 Trotters Ln Unit 1007
- 103 S Edgewater Dr Unit 103
- 187 Southampton Dr Unit A1
- 55 S New York Rd
- 85 Waterview Dr
- 31 Pembrooke Way
- 110 Sheffield Ct
- 700 Osprey Ct
- 108 Hyannis Ct
- 718 Cardinal Way
- 25 Pheasant Meadow Dr