2 months on rocket

Sale Pending

110 8th St, Salem, NJ, 08079

$90,000

Home List Price

$1,069*

Closing Credit

2 Bedrooms
1 Full Bath
1,204 SqFt
$75/SqFt
Townhouse
Schools Nearby

Location

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110 8th St, Salem$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1910
HeatingForced Air
CoolingNone
BasementYes
MLS #NJSA2010114
Lot Size0.07 Acres
StatusSale Pending
(PENDING)

About 110 8th St

Calling all investors!!! This twin style home has 2 bedrooms/1 bath with a bonus room on the 3rd floor that can be used as a bedroom, playroom, storage, office etc. This home is subject to an existing lease. Selling 100% AS IS. Seller will not make any repairs. All inspections are for the buyer's informational purposes only. Buyer responsible for all required inspections and certifications for settlement purposes. Current Lease is for $1,100 per month ($13,200 year) Section 8. New lease was signed in December of 2023 and is for 1 year. Can also be purchased as a packaged deal with properties 112 8th Street, Salem NJ (MLS #NJSA2010116) & 116 8th Street, Salem NJ (MLS #NJSA2010118).

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Stories: 3
  • Living Area: 1,204 SqFt

Listing Office:

  • Office Name: Panaro Realty
  • Office Phone: (856) 931-5001
  • Listing Agent: Christina Marie Ganassi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Salem Middle School, Public District Grades 3-8

Other

Directions Information:

  • Directions: I-295 S; take exit 1C for County Rd 551 S toward Salem; Turn left onto NJ-49 E/S Broadway; Turn left onto Griffith St; Turn left onto 8th St.

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $75/SqFt
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Housing Market Comparison

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

Med. Sold Price

$170K

Med. Price/SqFt

$124

Avg. Days On Market

62

# of Sold Homes

16

110 8th St vs Salem

68 DAYS ON ROCKET

+6 Days

$90,000

-$80K Less

$75/SqFt

-$49 Less

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $49/SqFt less than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2010114

Listing Office:

  • Office Name: Panaro Realty
  • Office Phone: (856) 931-5001
  • Listing Agent: Christina Marie Ganassi

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: 4/29/2024, 12:10:20 AM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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.

Middle School

school-card-donut-2808936
2
/10
  • Salem Middle School

  • 51 New Market St

  • 0.34 miles

  • Public District Grades 3-8

High School

school-card-donut-2808937
3
/10
  • Salem High School

  • 219 Walnut St

  • 1.19 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,200. The majority of Salem, NJ residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 110 8th St

What is the listing price of this property?

The listing price of 110 8th St property is $90,000.

What type of property is this?

The property 110 8th St is a townhouse located in Salem, New Jersey, 08079.

Is this property for sale now?

Sale Pending: 110 8th St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 110 8th St are:
Salem Middle School: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 110 8th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 110 8th St is 1,204 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 110 8th St is 1910.

Rocket Homes›New Jersey›Salem County›Salem›08079›110 8th St

This home is located at 110 8th St in Salem, NJ and zip code 08079. This 1,204 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $90,000.

While more than 9 listings in Salem, NJ in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. Between February 2024 and March 2024, Salem, NJ real estate market has seen increase in the number of listings by 5.3%. While the average time on the market in March 2024 was 62 days, the median list price was $170,000.

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

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