1 month on rocket

14 Chestnut St, Salem, NJ, 08079

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
House

Location

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14 Chestnut St, Salem$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1940
HeatingBaseboard
CoolingNone
MLS #NJSA2012614
Lot Size0.24 Acres
StatusActive
(ACTIVE)

About 14 Chestnut St

*** Group Investor Tour - Thursday 11/14/24 at 4:30pm sharp! *** Cash-Cow opportunity in Salem City! New to the market is this 6-unit apartment building, consisting of FIVE2-bedroom units and ONE 1-bedroom units. RentRoll: 14A - $1,200/mo; Unit 14B - $925/mo; Unit 14C - $1,075/mo; Unit 16A - $1,275/mo; Unit 16B - $800/mo; Unit 16C - Vacant. Separate electric meters for the entire building, and each tenant pays their own electricity and electric heat. Inquire today to be notified of the upcoming planned group investor tour! Broker and Seller assume no responsibility and make no guarantees, warranties or representations, both expressed or implied, as to the availability or accuracy of the property information, room counts, dimensions or other information depicted or described herein. Buyer is responsible for completing their own due diligence and verifying all information necessary.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlo Drogo Sr.

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Between Carpenter St & Hires Ave.

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$167.5K

Med. Price/SqFt

$118

Avg. Days On Market

18

# of Sold Homes

3

14 Chestnut St vs Salem

31 DAYS ON ROCKET

+13 Days

$475,000

+$307.5K More

KEY TAKEAWAY

This property is $307.5K more than the Median Sold Price in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2012614

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Carlo Drogo Sr.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-509001
4
/10

  • Penn Beach Elementary School

  • 96 Kansas Rd

  • 5.82 miles

  • Public District Grades 4-5

school-card-donut-509002
5
/10

  • Central Park Elementary School

  • 43 Oliver Ave

  • 6.53 miles

  • Public District Grades 2-3

school-card-donut-509003
6
/10

  • Southern Elementary School

  • 795 Cox Neck Rd

  • 8.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,339. The most common annual income of people living in Salem, NJ is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14 Chestnut St

What is the listing price of this property?

The listing price of 14 Chestnut St property is $475,000.

What type of property is this?

The property 14 Chestnut St is a house located in Salem, New Jersey, 08079.

Is this property for sale now?

Active Listing: 14 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The sq. ft. of 14 Chestnut St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 14 Chestnut St is 1940.

Rocket Homes›New Jersey›Salem County›Salem›08079›14 Chestnut St

This home is located at 14 Chestnut St in Salem, NJ and zip code 08079. This home, which was built in 1940, sits on a 0.24 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $475,000.

In October 2024, from all listings sold in Salem, NJ there were more than 0 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. In October 2024 in Salem, NJ there were 7.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 18 days, the median list price was $167,500.

From Rocket Homes Real Estate and based on county public records data.

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