NOT LISTED FOR SALE

8 Nelson Ave Salem, NJ 08079

Estimated Value: $108,000 - $222,000

2 Beds
1 Bath
700 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $50,000 $71 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,171/month

155 Days on Market

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.

Last Agent to Sell the Property

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 10/29/2022

EXP Realty, LLC

Last Buyer's Agent

Ashley Kryszczak

(215) 285-6640 ashleykry86@gmail.com Opus Elite Real Estate of NJ, LLC License #2320974

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,641

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-29
  • Year Built: 1910
  • Building Winterized: Yes
  • Remarks Public: *** 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.
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Kitchen, Laundry, Bonus Room
  • Basement: No
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 71.43
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

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
  • Other Structures List: Garage(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ELSINBORO TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397454
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale includes Block 22: Lots 7, 8, 20, and 21.
  • Improvement Assessed Value: 52600.00
  • Land Assessed Value: 41000.00
  • Lot Features: Additional Lot(s), Cleared, Irregular, Sideyard(s)
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Below Average
  • Year Assessed: 2020
  • Zoning: R

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2194648
  • Tax Annual Amount: 2641.00
  • Assessor Parcel Number: 04-00022-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/30/2023

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

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
$174,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,389
Avg. Annual Appreciation
69.78%

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
Source: Public Records

Range of Values:

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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
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 $58,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
02/21/2020 02/21/20 For Sale $70,000 -- $100 / 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 $2,920 $93,600 $41,000 $52,600
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

    613 Total Sales

    Carlo Drogo
    Section Image
  • Ashley Kryszczak

    Buyer's Agent in 2023

    Ashley Kryszczak

    Opus Elite Real Estate of NJ, LLC

    (215) 285-6640

    11 Total Sales

    Ashley Kryszczak
    Section Image

  • J

    Seller's Agent in 2020

    Judy MacNeal

    Mahoney Realty Pennsville, LLC

See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2005826

Bright MLS

APN: 04-00022-0000-00008

New Jersey Salem County Salem 08079

8 Nelson Ave, Salem, NJ

This home is located at 8 Nelson Ave, Salem, NJ 08079 since 29 October 2022 and is currently estimated at $174,389, approximately $249 per square foot. This property was built in 1910. 8 Nelson Ave is a home located in Salem County with nearby schools including Elsinboro Township School.

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