Sold for $40,000

$40,000

16 Olive St, Salem, NJ 08079

3beds

1,608sqft

Single Family Residence

Built in 1892

4,282 Square Feet Lot

$162,200 Zestimate^®

$25/sqft

$1,776 Estimated rent

Home value

$162,200

$127,000 - $195,000

$1,776/mo

Zestimate^® history

Owner options

List your home for rent

$1,776/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,776/mo

Rent Zestimate^®

Refinance and save

$256/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$256/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

SOLD BEFORE PROCESSING

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 1,608
Total interior livable area: 1,608 sqft
Finished area above ground: 1,608
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Driveway
Uncovered spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 4,282 sqft
Dimensions: 28.00 x 153.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130006800015
Zoning: RESIDENTIAL
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Frame
Foundation: Block

Condition

New construction: No
Year built: 1892

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Salem
Subdivision: None Available
Municipality: SALEM CITY

Other

Other facts

Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Price history

Date	Event	Price
9/13/2024	Listing removed	$1,800$1/sqft
Source: Zillow Rentals Report a problem
8/6/2024	Listed for rent	$1,800$1/sqft
Source: Zillow Rentals Report a problem
10/31/2023	Sold	$40,000$25/sqft
Source: Bright MLS #NJSA2009456 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,988	$48,500
2024	$3,988 +4.6%	$48,500
2023	$3,813 +8.3%	$48,500
2022	$3,520 +2.1%	$48,500
2021	$3,449 +0.6%	$48,500
2020	$3,428 +44.9%	$48,500
2019	$2,366	$48,500
2018	$2,366 -21.5%	$48,500
2017	$3,014 -5.6%	$48,500 -41.3%
2016	$3,193 +0.5%	$82,600
2015	$3,177 +0.6%	$82,600
2014	$3,158 +3.7%	$82,600
2012	$3,046 +2.7%	$82,600
2011	$2,967 +2.5%	$82,600
2010	$2,896 +5%	$82,600
2009	$2,758	$82,600
2008	--	$82,600
2007	--	$82,600 +84.8%
2006	--	$44,700
2005	--	$44,700
2004	--	$44,700
2003	--	$44,700
2002	--	$44,700
2001	--	$44,700