NOT LISTED FOR SALE

81-83 Chestnut St Salem, NJ 08079

Estimated Value: $98,000 - $239,000

-- Bed
-- Bath
2,740 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $43,000 $16 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $1,393/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2019

This home is located at 81-83 Chestnut St, Salem, NJ 08079 since 12 June 2019 and is currently estimated at $183,994, approximately $67 per square foot. This property was built in 1925. 81-83 Chestnut St is a home located in Salem County with nearby schools including John Fenwick Elementary School, Salem Middle School, and Salem High School.

Last Agent to Sell the Property

Nichole Arnold

(856) 217-3050 narnoldrealestate@gmail.com Keller Williams Hometown Listed on: 06/12/2019

Keller Williams Hometown

Co-Listed By

Thomas Enever

(856) 308-7463 tenever@gmail.com Home and Heart Realty

Last Buyer's Agent

Krystal Kurtz

(609) 774-5073 kurtzk24@gmail.com Weichert Realtors-Mullica Hill

Weichert Realtors-Mullica Hill

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,522 Sq Ft Lot
  • Lot Dimensions are 38.00 x 119.00

Parking

  • Driveway

Home Design

  • 2,740 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 13-00051-00014

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Total Sq Ft: 2740
  • Living Area Sq Ft: 2740
  • Price Per Sq Ft: 18.25
  • Above Grade Finished Sq Ft: 2740
  • Above Grade Finished Area Units: Square Feet

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: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55600.00
  • Land Assessed Value: 7200.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 38.00 x 119.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4522.00
  • Zoning: MULTI FAMILY

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 21906588
  • Tax Annual Amount: 4342.00
  • Assessor Parcel Number: 13-00051-00014
  • Tax Lot: 00014
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Sep 4, 2019
Sold by
Potocki Mindy A and Potocki Blake V
Bought by
Chbt Property Group Llc
Seller's Agent
Nichole Arnold
Keller Williams Hometown
Buyer's Agent
Krystal Kurtz
Weichert Realtors-Mullica Hill
List Price
$50,000
Sold Price
$43,000
Premium/Discount to List
-$7,000
-14%
Current Estimated Value
$183,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,994
Avg. Annual Appreciation
26.66%

Purchase Details

Closed on
May 23, 2008
Sold by
Residential Funding Co Llc
Bought by
Potocki Mindy A and Potocki Blake V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Miller Charles M Sheriff
Bought by
Residential Funding Company Llc

Purchase Details

Closed on
Mar 29, 2005
Sold by
Moriarty Thomas and Moriarty Edith
Bought by
Medway Samuel and Medway Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.7%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Chbt Property Group Llc $43,000 Fidelity National Title (Aka
Potocki Mindy A $100,000 --
Residential Funding Company Llc -- --
Medway Samuel $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potocki Mindy A $80,000
Previous Owner Medway Samuel $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $43,000 -14.0% $16 / Sq Ft
06/12/2019 06/12/19 For Sale $50,000 -- $18 / 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 $5,163 $62,800 $7,200 $55,600
2024 $4,937 $62,800 $7,200 $55,600
2023 $4,937 $62,800 $7,200 $55,600
2022 $4,721 $62,800 $7,200 $55,600
2021 $4,558 $62,800 $7,200 $55,600
2020 $4,466 $62,800 $7,200 $55,600
2019 $4,439 $62,800 $7,200 $55,600
2018 $4,342 $62,800 $7,200 $55,600
2017 $4,289 $62,800 $7,200 $55,600
2016 $3,368 $86,000 $19,300 $66,700
2015 $4,751 $122,900 $19,300 $103,600
2014 $4,727 $122,900 $19,300 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA134500

Bright MLS

APN: 13-00051-0000-00014