Skip main navigation
Sold for $207,000
  • $207,000

    37-39 Market St, Salem, NJ 08079

    12beds
    5,028sqft
    SingleFamily
    Built in 1860
    9,147 Square Feet Lot
    $351,300 Zestimate®
    $41/sqft
    $2,694 Estimated rent

    Home value

    $351,300

    $302,000 - $400,000

    $2,694/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,694/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

    $2,694/mo

    Rent Zestimate®

    Refinance and save

    $1,325/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

    $1,325/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

    Great opportunity
    Attention investors and savvy buyers. This property is zoned mixed use and is available for office/residential under one deed and tax bill. This well maintained pair of Federal Townhouses sit side by side and offers Historic living while collecting rent. For the investor, rent both units with an estimated $24,000 + annual income potential. This duplex property is situated on the red brick sidewalks along Market Street's Historic District in Salem City. This offers residential living or professional office space with the extra benefit of additional income.One side is vacant and the other is occupied with month to month lease, giving the the perfect opportunity for immediate rental income. Experience daily the True Feel of Colonial living accentuated by the authentic era finished hardwood flooring, light fixtures and fireplaces throughout the residence, is now as it was then. The property offers a large rear lot with access from a side street. Current Tenant terms represent a controlling choice to the buyer. This is a great opportunity to make this piece of history your own.There are 3 tenants that are all current on they're rent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Other, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 5,028 sqft

    Property

    Lot
    • Size: 9,147 Square Feet
    Details
    • Parcel number: 1300006000000003

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1860

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $41/sqft
    • Tax assessed value: $84,400
    • Annual tax amount: $6,939

    Price history

    DateEventPrice
    7/15/2025Sold$207,000+42.8%$41/sqft
    Source: Public Record Report a problem
    11/27/2021Listing removed--
    Source: Owner Report a problem
    8/28/2021Listed for sale$145,000+35.5%$29/sqft
    Source: Owner Report a problem
    8/17/2020Sold$107,000-17.1%$21/sqft
    Source: Public Record Report a problem
    7/1/2020Pending sale$129,000$26/sqft
    Source: RE/MAX Connection #NJSA136078 Report a problem
    5/4/2020Price change$129,000-13.9%$26/sqft
    Source: RE/MAX Connection #NJSA136078 Report a problem
    2/3/2020Price change$149,900-11.8%$30/sqft
    Source: RE/MAX Connection #NJSA136078 Report a problem
    10/11/2019Listed for sale$169,900-5.6%$34/sqft
    Source: RE/MAX Connection #NJSA136078 Report a problem
    6/1/2015Listing removed$179,999$36/sqft
    Source: American Dream Realty of South Jersey, LLC #6514837 Report a problem
    2/3/2015Listed for sale$179,999$36/sqft
    Source: American Dream Realty of South Jersey #6514837 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,939 $84,400
    2024$6,939 +4.6%$84,400
    2023$6,635 +8.3%$84,400
    2022$6,126 +2.1%$84,400
    2021$6,003 +0.6%$84,400
    2020$5,966 +34.9%$84,400
    2019$4,422 $84,400
    2018$4,422 -23.3%$84,400
    2017$5,765 +0.7%$84,400 -43%
    2016$5,722 +0.5%$148,000
    2015$5,692 +0.6%$148,000
    2014$5,658 +3.7%$148,000
    2012$5,458 +2.7%$148,000
    2011$5,316 +2.5%$148,000
    2010$5,189 +5%$148,000
    2009$4,942 $148,000
    2008-- $148,000
    2007-- $148,000 +306.6%
    2006-- $36,400
    2005-- $36,400
    2004-- $36,400
    2003-- $36,400
    2002-- $36,400
    2001-- $36,400
    Find assessor info on the county website

    Neighborhood: 08079

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mannington E.S.
    • Middle: Mannington
    • High: Salem H.S.
    • District: Salem City

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.