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340 Morrison Ave, Salem, NJ, 08079

$215,000

Home List Price

$2,553*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,648 SqFt
$130/SqFt
House

Location

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340 Morrison Ave, Salem$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Driveway, Attached Garage
Garage1 space
Year Built1942
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #NJSA2012288
Lot Size0.18 Acres
StatusActive
(ACTIVE)

About 340 Morrison Ave

Welcome to 340 Morrison! Set in a delightful neighborhood, this well-preserved Dutch-style home stands gracefully on a spacious corner lot. Featuring original hardwood floors throughout, this 3-bedroom, 1.5-bath residence harmoniously combines historic charm with modern upgrades. The newly renovated kitchen is ideal for culinary enthusiasts, while the third floor provides extra space for living or storage. With its enduring appeal and generous layout, this home is a true treasure. Don’t wait—this opportunity won’t last long. This property is in a flood zone.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1942
  • Living Area: 1,648 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Timothy j Kaganzev

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Morrison Ave & Union St.

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $3,799
  • Tax Year: 2020
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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

340 Morrison Ave vs Salem

56 DAYS ON ROCKET

+38 Days

$215,000

+$47.5K More

$130/SqFt

+$12 More

KEY TAKEAWAY

This property is $47.5K more than the Median Sold Price and $12/SqFt more than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2012288

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Timothy j Kaganzev

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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,799$55,800
2019$3,608$55,800
2018$3,561$55,800
2017$3,561$55,800

History based on county public records data.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-483345
4
/10

  • Penn Beach Elementary School

  • 96 Kansas Rd

  • 6.30 miles

  • Public District Grades 4-5

school-card-donut-483346
5
/10

  • Central Park Elementary School

  • 43 Oliver Ave

  • 6.91 miles

  • Public District Grades 2-3

school-card-donut-483347
6
/10

  • Southern Elementary School

  • 795 Cox Neck Rd

  • 8.90 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 $39,200. The most common annual income of people living in Salem, NJ is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 Morrison Ave

What is the listing price of this property?

The listing price of 340 Morrison Ave property is $215,000.

What type of property is this?

The property 340 Morrison Ave is a house located in Salem, New Jersey, 08079.

Is this property for sale now?

Active Listing: 340 Morrison Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,799 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 340 Morrison Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 340 Morrison Ave is 1,648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 Morrison Ave is 1942.

Rocket Homes›New Jersey›Salem County›Salem›08079›340 Morrison Ave

This home is located at 340 Morrison Ave in Salem, NJ and zip code 08079. This 1,648 square foot home, which was built in 1942, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $215,000.

In October 2024 more than 0 listings in Salem, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Salem, NJ between September 2024 and October 2024 increased by 7.7%. In October 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $167,500.

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

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