NOT LISTED FOR SALE

56 Walnut St Salem, NJ 08079

Estimated Value: $176,288 - $246,000

2 Beds
1 Bath
1,992 Sq Ft
7,405 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $125,000 $63 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,580/month

About This Home

As of November 2023

This apartment is just right for you. Plenty of sunshine comes in . Generous room sizes . This apartment also has a third floor room, that can be used as storage, den, office . Just renovate 2 bedroom 1 bath second floor unit. Section 8 or any housing voucher excepted. . Look no further.

Last Agent to Rent the Property

Christina Sorhaindo

(973) 474-8688 christinasellsrealestate24hrs@gmail.com Weichert Realtors - Moorestown Listed on: 07/04/2023

Weichert Realtors - Moorestown

Last Renter's Agent

Greg Hennis

(609) 805-0047 greghennis@comcast.net Coldwell Banker Excel Realty License #2185326

Coldwell Banker Excel Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1930

Lot Details

  • 7,405

Home Design

  • Entry on the 2nd floor
  • Frame Construction

Interior Spaces

  • 1,992 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,800
  • Tenant pays for electricity, gas, hot water, insurance, trash removal, minor interior maintenance, cooking fuel
  • The owner pays for heater maintenance contract, lawn/shrub care, management, pest control, water, real estate taxes, sewer maintenance, sewer
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 7/3/23
  • $55 Application Fee
  • $65 Repair Deductible
  • Assessor Parcel Number 13-00084-00004

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Date Available: 2023-07-03
  • Application Fee: 55.00
  • Owner Pays: Heater Maintenance Contract, Lawn/Shrub Care, Management, Pest Control, Water, Taxes - Real Estate, Sewer Maintenance, Sewer
  • Pets Allowed: No
  • Security Deposit: 1800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Hot Water, Insurance, Trash Removal, Minor Interior Maintenance, Cooking Fuel
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-07-04
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Repair Deductible: 65.00
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1992
  • Living Area Sq Ft: 1992
  • Price Per Sq Ft: 0.60
  • Above Grade Finished Sq Ft: 1992
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 40.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 13-00084-00004

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Aw Venture Group Inc
Bought by
Aw Venture Group Re Llc
Current Estimated Value
$207,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,050
Outstanding Balance
$127,070
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$76,252

Purchase Details

Listed on
Dec 14, 2021
Closed on
May 3, 2022
Sold by
Hudock Kevin M
Bought by
Aw Venture Group Inc
Seller's Agent
Neal Sheppard
Warner Real Estate & Auction Company
Buyer's Agent
Christina Sorhaindo
Weichert Realtors - Moorestown
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Dec 1, 2004
Sold by
Hudock Joseph A and Hudock Mary Jane
Bought by
Hudock Kevin M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aw Venture Group Re Llc -- Hunter Title
Aw Venture Group Re Llc -- Hunter Title
Aw Venture Group Inc $125,000 Core Title
Hudock Kevin M $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aw Venture Group Re Llc $129,050
Closed Aw Venture Group Re Llc $129,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Rented $1,200 0.0% --
09/28/2023 09/28/23 Under Contract -- -- --
07/04/2023 07/04/23 For Rent $1,200 0.0% --
05/04/2022 05/04/22 Sold $125,000 -10.7% $63 / Sq Ft View Prior Sale
04/11/2022 04/11/22 For Sale $140,000 0.0% $70 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $140,000 -- $70 / 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
2025 $5,928 $72,100 $9,000 $63,100
2024 $5,668 $72,100 $9,000 $63,100
2023 $5,668 $72,100 $9,000 $63,100
2022 $5,487 $72,100 $9,000 $63,100
2021 $5,228 $72,100 $9,000 $63,100
2020 $5,128 $72,100 $9,000 $63,100
2019 $5,097 $72,100 $9,000 $63,100
2018 $4,985 $72,100 $9,000 $63,100
2017 $4,924 $72,100 $9,000 $63,100
2016 $4,347 $111,000 $17,000 $94,000
2015 $4,291 $111,000 $17,000 $94,000
2014 $4,269 $111,000 $17,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2008114

Bright MLS

APN: 13-00084-0000-00004