$119,498 Price Analysis    ♡   Salem, NJ 08079 3 bed 2 bath 1,251 SqFt ($95/SqFt) 3,537SqFt lot. Built 1925 Listed 2024-03-08, Taxes $2,499 | ✓ USDA Eligible near Salem, NJ |
Tenant has been removed and showings will begin Monday
May 13th! Bring all reasonable Offers. Calling all investors! This single family home has 3 bedrooms, 1.5 baths with a large shed. It has a private driveway and is located in a wll lit area right next to public transportation. House has been cleaned out. The unit will need minor work, but has updated electric, pluming, hot water and heater Approx 2015-2018. Refrigerator and oven/range are less then 2years, but need a serious cleaning , so d oes the house. This was former student housing for Salem County Community College. Carrying cost of less than $300 per month. #CashCow Former tenant placed more wear and tear on the property then expected.
Local licensed and insured contractor said they could have the property in rentable condition for approx 3k plus material. That would include re-paint ceiling and walls w flat bone white (2days), replace sink, replace/fix side door/sill (1day) resolve flooring by painting/refinishing and or click plank (2 days) They charge $600 pr day for a crew of 3. One foreman and two laborers. Roof has never leaked, but roof/facia will need attention in the coming years. It is a small pitch roof and two small low pitch/flat roofs. Contractor estimated four days for tear off and replacement. Approx $2400 plus material. Salem County, NJ is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA with FMR (Fair Market Rents) of $1, 780 with government programs. Google NJ FMR link for more info. Property is currently managed by a fantastic property manager who would be happy to continue the ongoing management . Reach out with any questions before this one is gone!
Presented by Donald Haven Jr at
Garden Realty of Philadelphia.
Property MLS #NJSA2010132 from BrightMLS
Full Bathrooms: 1
1/2 Bathrooms: 1
Heating Features: Energy Star Heating System
Heating: Yes
Lot Size Square Feet: 3536
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsAnnual Tax Amount: 2499.0
Source Listing Status: Active
County: SALEM
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: SALEM
Postal Code Plus 4: 1227
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $24,500 + $7,300 $31,800 | $2,499 |
| 2022 | $24,500 + $7,300 $31,800 | $2,390 |
| 2021 | $24,500 + $7,300 $31,800 | $2,308 |
| 2020 | $24,500 + $7,300 $31,800 | $2,261 |
| 2019 | $24,500 + $7,300 $31,800 | $2,247 |
| 2018 | $24,500 + $7,300 $31,800 | $2,198 |
| 2017 | $24,500 + $7,300 $31,800 | $2,171 |
| 2016 | $53,900 + $16,100 $70,000 | $2,741 |
| 2015 | $53,900 + $16,100 $70,000 | $2,706 |
| 2014 | $53,900 + $16,100 $70,000 | $2,692 |
| 2013 | $73,900 + $16,100 $90,000 | $3,440 |
| 2012 | $73,900 + $16,100 $90,000 | $3,355 |
| 2011 | $73,900 + $16,100 $90,000 | $3,319 |
| 2010 | $73,900 + $16,100 $90,000 | $3,232 |
| 2009 | $73,900 + $16,100 $90,000 | $3,155 |
| 2008 | $73,900 + $16,100 $90,000 | $3,005 |
$119,498
BrightMLS
Price Changed 2024-05-17
$119,499
BrightMLS
Listed 2024-03-08
$119,500
BrightMLS
Listing removed 2019-05-13
$0
BrightMLS
Listed for rent 2019-04-17
$1,100
BrightMLS
Listing removed 2019-04-03
$0
BrightMLS
Listing removed 2019-04-02
$39,925
BrightMLS
Listed 2019-03-10
$39,925
BrightMLS
Sold 2012-04-20
$22,000
BrightMLS
Listed 2012-02-23
$29,900
BrightMLS
Listing removed 2012-02-07
$124,900
BrightMLS
Listing removed 2012-02-07
$995
BrightMLS
Listing removed 2012-02-06
$139,900
BrightMLS
Listing removed 2012-02-06
$49,000
BrightMLS
Listing removed 2012-02-04
$44,000
BrightMLS
Sold 2009-04-24
$38,000
Public Record
Listing removed 2009-02-24
$44,000
BrightMLS
Listed 2008-11-18
$49,000
BrightMLS
Listed for rent 2007-07-02
$995
BrightMLS
Listed 2007-06-27
$124,900
BrightMLS
Listed 2007-02-07
$139,900
BrightMLS
Sold 2005-12-14
$33,100
BrightMLS
Listed 2005-08-26
$33,100
BrightMLS
Sold 2002-11-08
$59,900
Public Record
Above Grade Finished Area: 1251
Construction Materials: Frame
Property Age: 99
Levels or Stories: 2
Structure Type: Detached
House Style: Colonial
Total Area Sqft: 1251
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.