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Sale Pending

562 Salem Fort Elfsborg Rd, Salem, NJ, 08079

$49,900

Home List Price

$593*

Closing Credit

2 Bedrooms
2 Full Baths
1,292 SqFt
$39/SqFt
House
Schools Nearby

Location

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562 Salem Fort Elfsborg Rd, Salem$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDirt Driveway, Off Street, On Street
Year Built1900
HeatingNone
CoolingNone
BasementYes
MLS #NJSA2006666
Lot Size0.17 Acres
StatusSale Pending
(PENDING)

About 562 Salem Fort Elfsborg Rd

*** 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,292 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Washington-Gloucester
  • Office Phone: (856) 227-8900
  • Listing Agent: Brandon Hedenberg

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Dirt Driveway, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Elsinboro Township Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Please use GPS

Municipality:

  • Elsinboro Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $3,107
  • Tax Year: 2020
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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

562 Salem Fort Elfsborg Rd vs Salem

440 DAYS ON ROCKET

+378 Days

$49,900

-$120.1K Less

$39/SqFt

-$85 Less

KEY TAKEAWAY

This property is $120.1K less than the Median Sold Price and $85/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: #NJSA2006666

Listing Office:

  • Office Name: BHHS Fox & Roach-Washington-Gloucester
  • Office Phone: (856) 227-8900
  • Listing Agent: Brandon Hedenberg

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: 4/24/2024, 6:20:22 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$3,107$111,700
2019$3,034$111,700
2018$2,973$111,700
2017$2,973$111,700

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

Elementary School

school-card-donut-54838
7
/10
  • Elsinboro Township Elementary School

  • 631 Salem Fort Elfsborg Rd

  • 0.46 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,253. Typical income of Salem, NJ residents is between $35k-100k annually. Most 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 562 Salem Fort Elfsborg Rd

What is the listing price of this property?

The listing price of 562 Salem Fort Elfsborg Rd property is $49,900.

What type of property is this?

The property 562 Salem Fort Elfsborg Rd is a house located in Salem, New Jersey, 08079.

Is this property for sale now?

Sale Pending: 562 Salem Fort Elfsborg Rd 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 562 Salem Fort Elfsborg Rd are:
Elsinboro Township Elementary School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,107 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 562 Salem Fort Elfsborg Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 562 Salem Fort Elfsborg Rd is 1,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 562 Salem Fort Elfsborg Rd is 1900.

Rocket HomesNew JerseySalem CountySalem08079562 Salem Fort Elfsborg Rd

This home is located at 562 Salem Fort Elfsborg Rd in Salem, NJ and zip code 08079. This 1,292 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 08, 2023 and is currently priced at $49,900.

Over 9 listings were sold over their listed price in March 2024 in Salem, NJ. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. 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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