Estimated Value: $74,000 - $217,000
2
Beds
1
Bath
700
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Bonus Room
- Additional Land
- Side Yard
- No HOA
- 1 Car Detached Garage
- Living Room
About This Home
As of May 2023*** 1-DAY ONLY, PUBLIC OPEN HOUSE - SUNDAY APRIL 2ND, FROM 4-5PM!*** BANK APPROVED SHORT SALE at $50,000 - CASH ONLY! Do not delay to get this house in contract, should be able to close quickly with already having bank approval - NO WHOLESALERS OR ASSIGNMENT OF CONTRACTS! *** Country living at it’s finest, and just a block from the Delaware River! Bring your envisions and toolbox on over to 8 Nelson Avenue, this could be the perfect starter home or investment property! With a Salem mailing address but physically located in Elisnboro, this cozy bungalow features 2 bedrooms, 1 bathroom, and an open concept main living area. Some new plumbing and electrical throughout the home, new water treatment system, and newer kitchen. This sale includes 4 separate lots on the corner of Nelson Ave and Fort Elfsborg-Salem Rd. Call to schedule a tour of this home today. Property being sold STRICKLY AS-IS, and the buyer is responsible for any inspections and certifications needed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,641
Year Built
- Built in 1910
Lot Details
- 0.25 Acre Lot
- Irregular Lot
- Cleared Lot
- Side Yard
- Additional Land
- Sale includes Block 22: Lots 7, 8, 20, and 21.
- Property is in below average condition
Parking
- 1 Car Detached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Bungalow
Interior Spaces
- 700 Sq Ft Home
- Property has 1 Level
- Living Room
- Bonus Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- 100 Amp Service
- Well
- Electric Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 04-00022-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2022
Closed on
May 24, 2023
Sold by
Johnson Naamon Dontae
Bought by
Arambu Juan Alberto and Aguirre Ruben O
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Ashley Kryszczak
Opus Elite Real Estate of NJ, LLC
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Views
271
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
$81,743
Avg. Annual Appreciation
61.76%
Purchase Details
Listed on
Feb 21, 2020
Closed on
Aug 8, 2020
Sold by
Cheeseman Brenda Lee and Halstead Garry Lloyd
Bought by
Johnson Naamon Dontae
Seller's Agent
Judy MacNeal
Mahoney Realty Pennsville, LLC
Buyer's Agent
Judy MacNeal
Mahoney Realty Pennsville, LLC
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.05%
Original Mortgage
$58,913
Interest Rate
3%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Arambu Juan Alberto | $50,000 | Old Republic Title | |
| Johnson Naamon Dontae | $60,000 | Heritage Ttl & Abstract Agcy |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Johnson Naamon Dontae | $11,807 | |
| Previous Owner | Johnson Naamon Dontae | $58,913 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2023 05/30/23 | Sold | $50,000 | 0.0% | $71 / Sq Ft |
| 12/20/2022 12/20/22 | Price Changed | $50,000 | -33.3% | $71 / Sq Ft |
| 10/29/2022 10/29/22 | For Sale | $75,000 | +25.0% | $107 / Sq Ft |
| 06/30/2020 06/30/20 | Sold | $60,000 | -14.3% | $86 / Sq Ft |
| 02/21/2020 02/21/20 | For Sale | $70,000 | -- | $100 / 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 | $2,768 | $93,600 | $41,000 | $52,600 |
| 2023 | $2,768 | $93,600 | $41,000 | $52,600 |
| 2022 | $2,698 | $93,600 | $41,000 | $52,600 |
| 2021 | $2,423 | $93,600 | $41,000 | $52,600 |
| 2020 | $2,641 | $93,600 | $41,000 | $52,600 |
| 2019 | $2,354 | $93,600 | $41,000 | $52,600 |
| 2018 | $2,293 | $93,600 | $41,000 | $52,600 |
| 2017 | $2,242 | $93,600 | $41,000 | $52,600 |
| 2016 | $2,151 | $93,600 | $41,000 | $52,600 |
| 2015 | $2,017 | $93,600 | $41,000 | $52,600 |
| 2014 | $1,943 | $93,600 | $41,000 | $52,600 |
Source: Public Records
Agents Affiliated with this Home
-
Carlo Drogo
Seller's Agent in 2023
Carlo Drogo
EXP Realty, LLC
(856) 692-4368
604 Total Sales
-
Ashley Kryszczak
A
Buyer's Agent in 2023
Ashley Kryszczak
Opus Elite Real Estate of NJ, LLC
(215) 285-6640
11 Total Sales
-
J
Seller's Agent in 2020
Judy MacNeal
Mahoney Realty Pennsville, LLC
Map
Source: Bright MLS
MLS Number: NJSA2005826
APN: 04-00022-0000-00008
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