*** BEST AND FINAL DUE FEB 16TH @ 2PM *** Tremendous fix & flip or buy & hold investment opportunity in Salem, NJ. 2 bedroom, (with potential for 3rd bedroom/bonus room/office) 2 full bathroom, 2-story home w/ unfinished basement. Situated on a nice-sized lot; and located just a stone's throw from dining, shopping, open space/public parks, etc; and with easy highway access, this property is a no-brainer for any savvy real estate investor. Located a short distance from Route 45, NJ Turnpike, etc. Inquire today for more information. This is an REO property, no prior history is known. 2023-10-13
Sold for $75,000
Street View
$75,000
562 Fort Elfsborg Salem Rd, Salem, NJ 08079
2beds
1,292sqft
SingleFamily
Built in 1900
7,405 Square Feet Lot
$199,400 Zestimate®
$58/sqft
$1,887 Estimated rent
Home value
$199,400
$154,000 - $243,000
$1,887/mo
Zestimate® history
Owner options
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$1,887/mo
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$1,887/mo
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$480/mo
Est. payment
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$480/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Cooling
- None
Interior area
- Total interior livable area: 1,292 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 0400028000000011
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1900
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $111,700
- Annual tax amount: $3,485
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $75,000+50.3%$58/sqft |
Source: Public Record Report a problem | ||
| 7/11/2023 | Listing removed | -- |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem | ||
| 2/21/2023 | Pending sale | $49,900$39/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem | ||
| 2/9/2023 | Listed for sale | $49,900$39/sqft |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJSA2006666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,485 | $111,700 |
| 2024 | $3,485 +5.5% | $111,700 |
| 2023 | $3,303 +3.5% | $111,700 |
| 2022 | $3,190 +1.2% | $111,700 |
| 2021 | $3,152 +1.4% | $111,700 |
| 2020 | $3,107 +2.4% | $111,700 |
| 2019 | $3,035 +2.1% | $111,700 |
| 2018 | $2,973 +3.8% | $111,700 |
| 2017 | $2,865 +5.9% | $111,700 |
| 2016 | $2,705 +3.4% | $111,700 |
| 2015 | $2,617 -0.7% | $111,700 |
| 2014 | $2,636 +9.5% | $111,700 |
| 2012 | $2,407 +2.9% | $111,700 |
| 2011 | $2,340 -1.5% | $111,700 |
| 2010 | $2,375 +4.6% | $111,700 |
| 2009 | $2,270 | $111,700 |
| 2008 | -- | $111,700 +97.7% |
| 2007 | -- | $56,500 |
| 2006 | -- | $56,500 |
| 2005 | -- | $56,500 |
| 2004 | -- | $56,500 |
| 2003 | -- | $56,500 |
| 2002 | -- | $56,500 |
| 2001 | -- | $56,500 |
Find assessor info on the county website
Neighborhood: 08079
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Nearby schools
GreatSchools rating
- 5/10Elsinboro Township SchoolGrades: PK-8Distance: 0.5 mi
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- New Jersey
- Salem County
- Salem
- 08079
- 562 Fort Elfsborg Salem Rd