Off market

Zestimate^®

$117,300

114 8th St, Salem, NJ 08079

4beds

1,224sqft

MultiFamily

Built in 1905

-- sqft lot

$117,300 Zestimate^®

$96/sqft

$1,692 Estimated rent

Home value

$117,300

$95,000 - $141,000

$1,692/mo

Zestimate^® history

Owner options

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$1,692/mo

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$1,692/mo

Rent Zestimate^®

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$751/mo

Est. payment

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$751/mo

Est. payment

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What's special

3 bedroom, 2 full bathroom twin style home that offers savvy investors a tremendous opportunity to own a cash flowing rental property in Salem, NJ. New roof was installed in 2011. Mud Room has shower stall, sink and toilet facilities installed. This property is just minutes from downtown dining, enternationment, etc and with easy highway access to I-295, NJ Turnpike and Delaware Memorial Bridge. Current lease is $800/mo ($9600 annual), expires June 1, 2021

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Heating

Forced air, Oil

Cooling

Other

Features

Flooring: Hardwood

Interior area

Total interior livable area: 1,224 sqft
Finished area below ground: 0

Property

Accessibility

Accessibility features: 2+ Access Exits

Lot

Size: 3,079 Square Feet

Details

Parcel number: 1300025000000011
Special conditions: Real Estate Owned

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial

Condition

Year built: 1905

Community & HOA

Location

Region: Salem
Municipality: SALEM CITY

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $31,000
Annual tax amount: $2,549
Total actual rent: 9600

Price history

Date	Event	Price
3/23/2022	Sold	$66,800+78.1%$55/sqft
Source: Public Record Report a problem
4/5/2021	Sold	$37,500$31/sqft
Source: Public Record Report a problem
1/29/2021	Sold	$37,500-3.6%$31/sqft
Source: Berkshire Hathaway HomeServices Fox & Roach #NJSA139750_08079 Report a problem
1/13/2021	Pending sale	$38,900$32/sqft
Source: BHHS Fox & Roach-Washington-Gloucester #NJSA139750 Report a problem
11/28/2020	Price change	$38,900-2.5%$32/sqft
Source: BHHS Fox & Roach-Washington-Gloucester #NJSA139750 Report a problem
10/19/2020	Listed for sale	$39,900+228.4%$33/sqft
Source: BHHS Fox & Roach-Washington-Gloucester #NJSA139750 Report a problem
6/17/2016	Sold	$12,150-10%$10/sqft
Source: Public Record Report a problem
4/11/2016	Listed for sale	$13,500$11/sqft
Source: Warner Real Estate & Auction Company #6766668 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,549	$31,000
2024	$2,549 +4.6%	$31,000
2023	$2,437 +8.3%	$31,000
2022	$2,250 +2.1%	$31,000
2021	$2,205 +0.6%	$31,000
2020	$2,191 +34.9%	$31,000
2019	$1,624	$31,000
2018	$1,624 -23.3%	$31,000
2017	$2,117 -11.5%	$31,000 -49.9%
2016	$2,393 +0.5%	$61,900
2015	$2,381 +0.6%	$61,900
2014	$2,366 +2.5%	$61,900
2013	$2,308 +1.1%	$61,900
2012	$2,283 +2.7%	$61,900
2011	$2,223 +2.5%	$61,900
2010	$2,170 +5%	$61,900
2009	$2,067	$61,900
2008	--	$61,900
2007	--	$61,900 +206.4%
2006	--	$20,200
2005	--	$20,200
2004	--	$20,200
2003	--	$20,200
2002	--	$20,200
2001	--	$20,200