Foreclosure

$199,900

262 Morrison Ave, Salem, NJ 08079

3beds

1,948sqft

Single Family Residence

Built in 1950

8,002 Square Feet Lot

$207,500 Zestimate^®

$103/sqft

$-- HOA

What's special

Welcome to this spacious brick ranch home that sits on a corner lot with an attached garage on the lower level. You enter into a foyer area with a large living room with a picture window and a fireplace, updated kitchen with white shaker style cabinets, dining room area, primary bedroom with primary bathroom, 2 additional bedrooms and full bathroom. Full basement offers a lot of potential.

10 days

678

59

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Living Room, Dining Room, Kitchen

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Forced Air, Oil

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

Basement: Garage Access,Interior Entry,Exterior Entry,Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 1,948
Total interior livable area: 1,948 sqft
Finished area above ground: 1,948
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Basement, Inside Entrance, Garage Faces Side, Driveway, Attached
Attached garage spaces: 1
Uncovered spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 8,002 Square Feet
Dimensions: 80.00 x 100.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130003100005
Zoning: RESI
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch/Rambler
Property subtype: Single Family Residence

Materials

Brick
Foundation: Block

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Salem
Municipality: SALEM CITY

Financial & listing details

Price per square foot: $103/sqft
Tax assessed value: $76,700
Annual tax amount: $6,617
Date on market: 6/21/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Foreclosure details

Estimated market value

$207,500

$197,000 - $218,000

$2,355/mo

Price history

Date	Event	Price
4/17/2019	Sold	$52,000+79.3%$27/sqft
Source: Public Record Report a problem
2/2/2018	Sold	$29,000-14.7%$15/sqft
Source: Public Record Report a problem
12/29/2017	Listed for sale	$34,000-78.8%$17/sqft
Source: Legacy Real Estate Services #1004379989 Report a problem
6/17/2005	Sold	$160,000+23.1%$82/sqft
Source: Public Record Report a problem
6/30/2003	Sold	$130,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,306	$76,700
2024	$6,306 +4.6%	$76,700
2023	$6,029 +8.3%	$76,700
2022	$5,567 +2.1%	$76,700
2021	$5,455 +0.6%	$76,700
2020	$5,422 +34.9%	$76,700
2019	$4,018	$76,700
2018	$4,018 -23.3%	$76,700
2017	$5,239 -29.9%	$76,700 -60.3%
2016	$7,469 +0.5%	$193,200
2015	$7,430	$193,200
2014	--	$193,200 +124.7%
2005	--	$86,000
2004	--	$86,000
2003	--	$86,000
2002	--	$86,000
2001	--	$86,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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