NOT LISTED FOR SALE

7 Olive St Salem, NJ 08079

Salem Neighborhood
-- Bed
1 Bath
2,074 Sq Ft
9,300 Sq Ft Lot

Last Sold January 12, 2023

Last sale price $100,000 $48 Per Sq Ft

14 Days on Market

Highlights

  • Traditional Architecture
  • Mobility Improvements
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of January 2023

Investor Alert! A side-by-side duplex in Salem City is available with one side vacant and the other side rented by a long-term tenant. Perfect opportunity for a new investor looking to live on one side and rent out the other. Each unit has 2 beds and 1 bath. The left side is currently rented for $750 per month. AS-IS Sale, buyer responsible for CO.

Last Agent to Sell the Property

Jacob Culleny

Sureway Realty License #2078391 Listed on: 11/14/2022

Last Buyer's Agent

Drew Side

HomeSmart First Advantage Realty License #1224228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1900

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 60.00 x 155.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,074 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Accessible Home Design

  • Mobility Improvements

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 00033
  • Assessor Parcel Number 13-00065-00033

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,816

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-11-14
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! A side-by-side duplex in Salem City is available with one side vacant and the other side rented by a long-term tenant. Perfect opportunity for a new investor looking to live on one side and rent out the other. Each unit has 2 beds and 1 bath. The left side is currently rented for $750 per month. AS-IS Sale, buyer responsible for CO.
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2074
  • Living Area Sq Ft: 2074
  • Price Per Sq Ft: 48.17
  • Above Grade Finished Sq Ft: 2074
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28600.00
  • Land Assessed Value: 10200.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60.00 x 155.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9300.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 9000.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 21906948
  • Tax Annual Amount: 2816.00
  • Assessor Parcel Number: 13-00065-00033
  • Tax Lot: 00033
  • Tax Total Finished Sq Ft: 2074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/12/2023

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $100,000 +0.1% $48 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $99,900 0.0% $48 / Sq Ft
03/01/2018 03/01/18 Rented $800 -5.9% --
02/06/2018 02/06/18 Under Contract -- -- --
10/17/2017 10/17/17 For Rent $850 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacob Culleny

    Seller's Agent in 2023

    Jacob Culleny

    Sureway Realty

    (609) 379-0648

    1 in this area

    75 Total Sales

    Jacob Culleny
    Section Image

  • D

    Buyer's Agent in 2023

    Drew Side

    HomeSmart First Advantage Realty

    1 in this area

    26 Total Sales

    Drew Side
    Section Image

  • R

    Seller's Agent in 2018

    Robert Moussally

    American Dream Realty of South Jersey

    Section Image

  • T

    Buyer's Agent in 2018

    Toni Corsey

    EXP Realty, LLC

    (856) 534-7715

    11 Total Sales

    Toni Corsey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2005906

Bright MLS

New Jersey Salem County Salem 08079 Salem

7 Olive St, Salem, NJ

This home is located at 7 Olive St, Salem, NJ 08079 since 14 November 2022. This property was built in 1900. 7 Olive St is a home located in Salem County with nearby schools including John Fenwick Elementary School, Salem Middle School, and Salem High School.

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