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Sold for $255,000
  • $255,000

    50 Market St, Salem, NJ 08079

    5beds
    3,828sqft
    Single Family Residence
    Built in 1870
    0.37 Acres Lot
    $256,800 Zestimate®
    $67/sqft
    $2,511 Estimated rent

    Home value

    $256,800

    $218,000 - $303,000

    $2,511/mo

    Zestimate® history
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    What's special

    Off-street parkingCozy sitting roomPeriod detailsUpdated boilerStunning original pocket doorsWarm original hardwood floorsCountry-style eat-in kitchen
    A rare opportunity to own one of Salem City's architectural treasures, the Thomas Thompson House, originally built in 1816, completed in 1870, and proudly contributing to the renowned Salem Historic District. Rich in history and timeless character, this remarkable three-story residence seamlessly blends over two centuries of craftsmanship with the comforts of modern living. According to the Market Street Historic District nomination, the home was built by Thomas Thompson for his daughter, Jane Smith, making it an enduring piece of Salem's story. Inside, you'll discover five spacious bedrooms, 2.5 updated baths, and warm original hardwood floors that flow throughout the home. Stunning original pocket doors, beautiful millwork, and period details create an atmosphere that simply cannot be recreated. The inviting floor plan offers multiple gathering spaces, including a cozy sitting room perfect for reading, relaxing, or enjoying a quiet evening at home. The country-style eat-in kitchen is designed for everyday living, while thoughtful updates—including upper-floor laundry, modern electrical service, and an updated boiler—provide the convenience today's homeowners expect. The dry, unfinished basement offers generous storage space, and the rare addition of off-street parking adds everyday practicality to this historic residence. Move-in ready and meticulously maintained, the Thomas Thompson House offers the best of both worlds: the charm, elegance, and craftsmanship of the early 19th century combined with the modern amenities that make life comfortable. This is more than a home—it's an opportunity to become the next steward of a remarkable piece of Salem City's history and continue the legacy of one of the community's most distinguished historic residences.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gillian Amwake 856-935-7441,

    Real Broker, LLC

    Bought with:

    Karen Salcedo, NJ0226009

    BHHS Fox & Roach-Mullica Hill South

    Source: Bright MLS,MLS#: NJSA2019546MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Laundry
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Upper
    Living room
    • Level: Main
    Sitting room
    • Level: Main
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Built-In Range, Self Cleaning Oven, Oven/Range - Gas, Refrigerator, Washer, Gas Water Heater
    • Laundry: Dryer In Unit, Upper Level, Washer In Unit, Laundry Room
    Features
    • Additional Stairway, Attic, Bathroom - Tub Shower, Built-in Features, Dining Area, Double/Dual Staircase, Floor Plan - Traditional, Formal/Separate Dining Room, Eat-in Kitchen, Kitchen - Table Space
    • Flooring: Carpet, Hardwood
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,828
    • Total interior livable area: 3,828 sqft
    • Finished area above ground: 3,828
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Concrete, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 0.37 Acres
    • Dimensions: 48.00 x 337.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130001600016
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Victorian,Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Brick/Mortar
    Condition
    • Very Good
    • New construction: No
    • Year built: 1870

    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: $67/sqft
    • Tax assessed value: $73,100
    • Annual tax amount: $6,307
    • Date on market: 7/14/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Appliances As Viewed In As Is Condition
    • Exclusions: Sellers' Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/21/2026Sold$255,000-1.9%$67/sqft
    Source: Bright MLS #NJSA2019546 Report a problem
    7/31/2026Pending sale$260,000$68/sqft
    Source: Bright MLS #NJSA2019546 Report a problem
    7/23/2026Contingent$260,000$68/sqft
    Source: Bright MLS #NJSA2019546 Report a problem
    7/14/2026Listed for sale$260,000$68/sqft
    Source: Bright MLS #NJSA2019546 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$6,307 +4.9%$73,100
    2025$6,010 $73,100
    2024$6,010 +4.6%$73,100
    2023$5,746 +8.3%$73,100
    2022$5,306 +2.1%$73,100
    2021$5,199 +0.6%$73,100
    2020$5,167 +34.9%$73,100
    2019$3,830 $73,100
    2018$3,830 -23.3%$73,100
    2017$4,993 -41.1%$73,100 -55.4%
    2016$8,470 +0.5%$164,000 -25.1%
    2015$8,427 +0.6%$219,100
    2014$8,376 +2.5%$219,100
    2013$8,168 +1.1%$219,100
    2012$8,080 +2.7%$219,100
    2011$7,870 +2.5%$219,100
    2010$7,682 +5%$219,100
    2009$7,316 $219,100
    2008-- $219,100
    2007-- $219,100 +188.7%
    2006-- $75,900
    2005-- $75,900
    2004-- $75,900
    2003-- $75,900
    2002-- $75,900
    2001-- $75,900
    Find assessor info on the county website

    Neighborhood: 08079

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Salem M.s.
    • High: Salem H.s.
    • District: Salem City Schools

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

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