NOT LISTED FOR SALE

54 Chestnut St Salem, NJ 08079

Estimated Value: $107,000 - $161,000

5 Beds
2 Baths
1,566 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2024

Last sale price $110,000 $70 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $951 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Victorian Architecture
  • Porch
  • Laundry Room

About This Home

As of March 2024

Welcome home to 54 Chestnut!! THE OUTSIDE NEEDS SOME TLC THE INSIDE IS BEAUTIFUL!! NEW WINDOWS UPSTAIRS WILL BE INSTALLED THIS WEEK!! OFF STREET PARKING IN THE BACK FROM THE STREET BEHIND THE HOUSE! Walking proximity from Salem Middle School and Franklin Bank on West Broadway! ! This 5 bedroom 2 full bath Victorian house has all the space you could want and more! Inside you will find fresh paint new vinyl floors throughout. Outside you will find a fresh canvas to make it your own! Hooked up to Gas with City Sewer and Public Water this home is easy to maintain! With a New HVAC and Water Heater! Schedule an appointment to view today!

Last Agent to Sell the Property

Bradley Perez

(855) 450-0442 njbroker@onereal.com Real Broker, LLC Listed on: 01/30/2024

Real Broker, LLC

Last Buyer's Agent

Stef Drummond

(609) 216-7035 stefanie.burns@redfin.com Redfin License #2079314

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1890

Lot Details

  • 3,080 Sq Ft Lot
  • Lot Dimensions are 27.00 x 114.00

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 1,566 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Porch

Utilities

  • Cooling System Utilizes Natural Gas
  • Central Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 13-00058-00009

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,615

Year Built

Built in 1890

Lot Details

3,080 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 3
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 1566
  • Living Area Sq Ft: 1566
  • Price Per Sq Ft: 70.24
  • Above Grade Finished Sq Ft: 1566
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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: Wood Siding
  • Roof: Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 27.00 x 114.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3080.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2615.00
  • Assessor Parcel Number: 13-00058-00009
  • Tax Lot: 00009
  • 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

Closed on
May 2, 2022
Sold by
Sine Properties Llc
Bought by
Wgem Management Llc
Current Estimated Value
$135,468

Purchase Details

Closed on
Apr 5, 2022
Sold by
M Ghaffar 4 S Llc
Bought by
Sini Properties Llc

Purchase Details

Listed on
Oct 5, 2017
Closed on
Jan 18, 2018
Sold by
Khan Asghar
Bought by
M Ghaffar 4S Llc
Seller's Agent
Nicole Hutton
Pino Agency
Buyer's Agent
Rob Moussally
American Dream Realty of South Jersey
List Price
$24,900
Sold Price
$11,500
Premium/Discount to List
-$13,400
-53.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.70%

Purchase Details

Listed on
Oct 5, 2017
Closed on
Dec 26, 2017
Sold by
Wilmington Svgs Fund Soc
Bought by
Khan Asghar
Seller's Agent
Nicole Hutton
Pino Agency
Buyer's Agent
Rob Moussally
American Dream Realty of South Jersey
List Price
$24,900
Sold Price
$11,500
Premium/Discount to List
-$13,400
-53.82%

Purchase Details

Closed on
Sep 6, 2016
Sold by
Sheriff Of Salem County
Bought by
Wilmington Savings Fund Society

Purchase Details

Closed on
Mar 23, 2016
Sold by
Matt And Rebecca Llc and Parker Matt
Bought by
Parker Matt

Purchase Details

Closed on
Jul 9, 2010
Sold by
Parker Matt D
Bought by
Matt And Rebecca Llc

Purchase Details

Closed on
Aug 28, 2009
Sold by
Jaeger Jason K and Jaeger Pasha S
Bought by
Parker Matt D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,680
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2007
Sold by
Jaeger Pasha S
Bought by
Jaegar Jason K and Jaegar Pasha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,200
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Smith Tracy A and Mcgovern Tracy A
Bought by
Jaeger Pasha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 1994
Sold by
Pierce Leroy P and Pierce Haldner A
Bought by
Mcgovern Tracy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wgem Management Llc $35,000 Salem Oak Title
Sini Properties Llc $30,000 Salem Oak Title
M Ghaffar 4S Llc $12,000 --
Khan Asghar $11,500 --
Wilmington Savings Fund Society -- None Available
Parker Matt -- Attorney
Matt And Rebecca Llc -- --
Parker Matt D $44,620 --
Jaegar Jason K -- --
Jaeger Pasha S $45,000 Salem Oak Title Agency Inc
Mcgovern Tracy A $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Matt D $35,680
Previous Owner Jaegar Jason K $40,200
Previous Owner Jaeger Pasha S $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2024 03/26/24 Sold $110,000 0.0% $70 / Sq Ft
02/11/2024 02/11/24 Price Changed $110,000 +23.6% $70 / Sq Ft
01/30/2024 01/30/24 For Sale $89,000 +673.9% $57 / Sq Ft
01/18/2018 01/18/18 Sold $11,500 -22.8% $8 / Sq Ft View Prior Sale
01/16/2018 01/16/18 Price Changed $14,900 0.0% $11 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/13/2017 12/13/17 Price Changed $14,900 -25.1% $11 / Sq Ft
10/26/2017 10/26/17 Price Changed $19,900 -20.1% $14 / Sq Ft
10/05/2017 10/05/17 For Sale $24,900 -- $18 / 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 $2,861 $40,900 $6,800 $34,100
2024 $2,736 $34,800 $6,800 $28,000
2023 $2,736 $34,800 $6,800 $28,000
2022 $2,616 $34,800 $6,800 $28,000
2021 $2,526 $34,800 $6,800 $28,000
2020 $2,475 $34,800 $6,800 $28,000
2019 $2,460 $34,800 $6,800 $28,000
2018 $2,406 $34,800 $6,800 $28,000
2017 $2,377 $34,800 $6,800 $28,000
2016 $3,767 $96,200 $32,800 $63,400
2015 $3,719 $96,200 $32,800 $63,400
2014 $3,700 $96,200 $32,800 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2009906

Bright MLS

APN: 13-00058-0000-00009

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