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Sold for $95,000
    • $95,000

    97 Chestnut St, Salem, NJ 08079

    3beds
    1,214sqft
    Single Family Residence
    Built in 1901
    2,165 Square Feet Lot
    $95,100 Zestimate®
    $78/sqft
    $1,692 Estimated rent

    Home value

    $95,100

    $87,000 - $105,000

    $1,692/mo

    Zestimate® history
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    Rent Zestimate®

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allegra Lyndell 856-343-9479,

    Keller Williams - Main Street,

    Listing Team: The Society Team

    Bought with:

    Kenneth LePosa, 2220081

    Coldwell Banker Realty

    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: $78/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

    Price history

    DateEventPrice
    8/27/2026Sold$95,000-17.4%$78/sqft
    Source: Bright MLS #NJSA2018874 Report a problem
    8/4/2026Pending sale$115,000$95/sqft
    Source: Bright MLS #NJSA2018874 Report a problem
    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

    Neighborhood: 08079

    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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    An equal housing lender. NMLS #10287.

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