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.
For sale
$130,000
97 Chestnut St, Salem, NJ 08079
3beds
1,214sqft
Single Family Residence
Built in 1901
2,165 Square Feet Lot
$130,700 Zestimate®
$107/sqft
$-- HOA
What's special
- 37 days |
- 443 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
Allegra Lyndell 856-343-9479,
Society
Source: Bright MLS,MLS#: NJSA2018874
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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: $107/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
$130,700
$124,000 - $137,000
$1,750/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $130,000+89.1%$107/sqft |
Source:  Bright MLS #NJSA2018874 Report a problem | ||
| 2/13/2026 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/30/2026 | Price change | $1,450-6.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Sold | $68,750+37.8%$57/sqft |
Source: Public Record Report a problem | ||
| 6/13/2019 | Listing removed | $49,900$41/sqft |
Source: BHHS Fox & Roach Mullica Hill #NJSA134460 Report a problem | ||
| 6/10/2019 | Listed for sale | $49,900$41/sqft |
Source: BHHS Fox & Roach Mullica Hill #NJSA134460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $22,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.1 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 0.7 mi
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.1 mi
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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A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Salem County
- Salem
- 08079
- 97 Chestnut St
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