2 months on rocket

341 Allen Ave, Salem, NJ, 08079

$249,000

Home List Price

$2,957*

Closing Credit

0 Baths
1,944 SqFt
$128/SqFt
Multi

Location

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341 Allen Ave, Salem$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1930
HeatingForced Air
CoolingCentral Air
MLS #NJSA2012162
Lot Size0.18 Acres
StatusActive
(ACTIVE)

About 341 Allen Ave

A two-family home for sale typically features two separate living units within a single building. Here's a detailed description: 341 Rented for $1,450 and 343 Rented for $1,350 only investors offers will be considered Exterior: This well-maintained two-family home boasts a charming exterior with a brick or vinyl siding finish, complemented by a welcoming front porch and landscaped yard. The property includes a shared driveway leading to a ten-cars parking spaces. A backyard offers privacy and space for outdoor activities or gardening. First Unit (One side): The first unit features a spacious living room with large windows that provide ample natural light, hardwood flooring, and an open floor plan that flows into a modern kitchen. The kitchen is equipped with stainless steel dishwasher and appliances, laminate countertops, and plenty of cabinetry. This unit includes two bedrooms, with the master bedroom offering an entrance to the attic. There is also a full bathroom for the other bedrooms and a convenient laundry area in the basement. Second Unit (other side): The second unit offers a similar layout, with a living room, dining area, and smaller kitchen. This unit has two bedrooms, a full bathroom, and a separate entrance for added privacy. The kitchen features cool finishes and access to a overlooking the backyard. Additional Features: Basement with potential for an extra living space, home office, or recreation room Separate utilities for each unit Central heating and cooling systems Rental income potential from the second unit This home is located in a quiet neighborhood, close to schools, parks, shopping centers, and public transportation, making it ideal for both investors and families looking to generate extra income.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1930
  • Living Area: 1,944 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Alejandro Guzman

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Maps

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $128/SqFt
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Housing Market Comparison

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

Med. Sold Price

$167.5K

Med. Price/SqFt

$118

Avg. Days On Market

18

# of Sold Homes

3

341 Allen Ave vs Salem

70 DAYS ON ROCKET

+52 Days

$249,000

+$81.5K More

$128/SqFt

+$10 More

KEY TAKEAWAY

This property is $81.5K more than the Median Sold Price and $10/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: #NJSA2012162

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Listing Agent: Alejandro Guzman

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

$1,310

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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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-537384
4
/10
  • Penn Beach Elementary School

  • 96 Kansas Rd

  • 6.31 miles

  • Public District Grades 4-5

school-card-donut-537385
5
/10
  • Central Park Elementary School

  • 43 Oliver Ave

  • 6.96 miles

  • Public District Grades 2-3

school-card-donut-537386
6
/10
  • Southern Elementary School

  • 795 Cox Neck Rd

  • 8.80 miles

  • Public District Grades KG-5

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 most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Salem County›Salem›08079›341 Allen Ave

This home is located at 341 Allen Ave in Salem, NJ and zip code 08079. This 1,944 square foot home, which was built in 1930, sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $249,000.

Salem, NJ housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The inventory of homes for sale in Salem, NJ between September 2024 and October 2024 increased by 7.7%. 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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