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For sale
    • Price cut: $5K (7/15)
    $115,000

    97 Chestnut St, Salem, NJ 08079

    3beds
    1,214sqft
    : 
    $901/mo
    Get pre-qualified
    Single Family Residence
    Built in 1901
    2,165 Square Feet Lot
    $-- Zestimate®
    $95/sqft
    $-- HOA

    What's special

    Great for Investors as well as owner-occupants! 97 Chestnut features 2 bedrooms and 1 full bathroom, with a bonus room and bedroom on the 3rd floor. offering excellent potential for investors or owner-occupants alike. This home offers a traditional layout with spacious living areas and strong structural potential, making it a great opportunity for cosmetic updates and added value. With room to renovate and improve, this property presents an excellent chance to build equity, increase rental income, or create a comfortable owner-occupied residence. Located within Salem’s redevelopment area, the property also benefits from the city’s continued growth and revitalization, offering long-term upside and investment potential.
    83 days
    |
    504
    |
    49
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Allegra Lyndell 856-343-9479,

    Keller Williams - Main Street,

    Listing Team: The Society Team

    Source: Bright MLS,MLS#: NJSA2018874MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Forced Air, Radiator, Natural Gas, Oil
      Cooling
      • None, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Attic, Dining Area, Eat-in Kitchen
      • Flooring: Carpet, Vinyl, Wood
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,214
      • Total interior livable area: 1,214 sqft
      • Finished area above ground: 1,214
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Shared Driveway, Driveway, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Exterior features: Sidewalks, Street Lights
      • Pool features: None
      Lot
      • Size: 2,165 Square Feet
      • Dimensions: 19.00 x 114.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 130005100007
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Aluminum Siding
      • Foundation: Brick/Mortar
      • Roof: Asbestos Shingle
      Condition
      • New construction: No
      • Year built: 1901

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Septic
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Palatine Lake
      HOA
      • Has HOA: No
      Location
      • Region: Salem
      • Municipality: SALEM CITY

      Financial & listing details

      • Price per square foot: $95/sqft
      • Tax assessed value: $30,700
      • Annual tax amount: $2,648
      • Date on market: 5/6/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional,FHA,FHVA,VA Loan
      • Exclusions: Personal Property
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,702/mo

        Price history

        DateEventPrice
        7/15/2026Price change$115,000-4.2%$95/sqft
        Source: Bright MLS #NJSA2018874 Report a problem
        7/8/2026Price change$120,000-4%$99/sqft
        Source: Bright MLS #NJSA2018874 Report a problem
        6/15/2026Price change$125,000-3.8%$103/sqft
        Source: Bright MLS #NJSA2018874 Report a problem
        5/6/2026Listed for sale$130,000+89.1%$107/sqft
        Source: Bright MLS #NJSA2018874 Report a problem
        2/13/2026Listing removed$1,450$1/sqft
        Source: Zillow Rentals Report a problem
        1/30/2026Price change$1,450-6.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/2/2025Listed for rent$1,550$1/sqft
        Source: Zillow Rentals Report a problem
        6/12/2025Sold$68,750+37.8%$57/sqft
        Source: Public Record Report a problem
        6/13/2019Listing removed$49,900$41/sqft
        Source: BHHS Fox & Roach Mullica Hill #NJSA134460 Report a problem
        6/10/2019Listed for sale$49,900$41/sqft
        Source: BHHS Fox & Roach Mullica Hill #NJSA134460 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,524 $30,700
        2024$2,524 +4.6%$30,700
        2023$2,413 +8.3%$30,700
        2022$2,228 +2.1%$30,700
        2021$2,183 +0.6%$30,700
        2020$2,170 +34.9%$30,700
        2019$1,608 $30,700
        2018$1,608 -23.3%$30,700
        2017$2,097 +3.5%$30,700 -41.4%
        2016$2,026 -24.6%$52,400
        2015$2,688 +0.6%$52,400 -25%
        2014$2,672 +3.7%$69,900
        2012$2,578 +2.7%$69,900
        2011$2,511 +2.5%$69,900
        2010$2,451 +5%$69,900
        2009$2,334 $69,900
        2008-- $69,900
        2007-- $69,900 +209.3%
        2006-- $22,600
        2005-- $22,600
        2004-- $22,600
        2003-- $22,600
        2002-- $22,600
        2001-- $22,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: 08079

        Getting around

        53 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John Fenwick E.s.
        • 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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