50 Market Street, Salem, NJ 08079 - Photo 1

1/1

$255,000

Sold
Closed
Single Family
5 Beds
2 Full Baths
1 Partial Bath
3,828 Sq. Ft.
Updated 1 day ago

1/1

Property Description

A rare opportunity to own one of Salem City's architectural treasures, the Thomas Thompson House, originally built in 1816, completed in 1870, and proudly contributing to the renowned Salem Historic District. Rich in history and timeless character, this remarkable three-story residence seamlessly blends over two centuries of craftsmanship with the comforts of modern living. According to the Market Street Historic District nomination, the home was built by Thomas Thompson for his daughter, Jane Smith, making it an enduring piece of Salem's story. Inside, you'll discover five spacious bedrooms, 2.5 updated baths, and warm original hardwood floors that flow throughout the home. Stunning original pocket doors, beautiful millwork, and period details create an atmosphere that simply cannot be recreated. The inviting floor plan offers multiple gathering spaces, including a cozy sitting room perfect for reading, relaxing, or enjoying a quiet evening at home. The country-style eat-in kitchen is designed for everyday living, while thoughtful updates-including upper-floor laundry, modern electrical service, and an updated boiler-provide the convenience today's homeowners expect. The dry, unfinished basement offers generous storage space, and the rare addition of off-street parking adds everyday practicality to this historic residence. Move-in ready and meticulously maintained, the Thomas Thompson House offers the best of both worlds: the charm, elegance, and craftsmanship of the early 19th century combined with the modern amenities that make life comfortable. This is more than a home-it's an opportunity to become the next steward of a remarkable piece of Salem City's history and continue the legacy of one of the community's most distinguished historic residences.

Full Property Details

Full Property Details for 50 Market St

General

Sold For: $255,000
Taxes: $6,307 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2019546
Added to Site: 48 day(s) ago

Interior

Rooms/Areas: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Laundry
Interior Features: Additional Stairway, Attic, Bathroom - Tub Shower, Built-Ins, Carpet, Dining Area, Double/Dual Staircase, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space
Appliances: Dryer - Electric, Dishwasher, Built-In Range, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer
Flooring: Carpet, Hardwood

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Upper 2 - Full Baths: 1
Upper Floor Baths: 2
Upper - Full Baths: 2
Main Floor Baths: 1
Main - 1/2 Baths: 1

Bedrooms

Total Bedrooms: 5
Bedrooms Upper: 5
Bedrooms-Up2: 3

Parking

Parking Features: Concrete Driveway
Parking Type: Driveway

Location

Area: Salem City (21713)
Municipality: SALEM CITY
County: SALEM
Driving Directions: GPS

School Information

School District: Salem City Schools
Middle School: Salem M.S.
High School: Salem H.S.

Heating & Cooling

Cooling Type: Window Unit(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional, Victorian, Colonial
Structure Type: Detached
Construction: Frame
Basement: Yes
Basement Desc.: Full, Unfinished
Foundation: Brick/Mortar
Stories Description: Main, Upper 1, Upper 2
Square Feet: 3,828
Sq. Ft. Source: Assessor
Living Area: 3,828 Sq. Ft.
Finished Above Grnd: 3,828 Sq. Ft.
Year Built: 1870
Year Built Source: Estimated
Property Condition: Very Good

Lot Features

Lot Size (Acres): 0.37
Lot Size (Sq. Ft.): 16,174
Lot Size Source: Assessor
Lot Dimensions: 48.00 x 337.00
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $67.92
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $73,100
Tax Amount: $6,307
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3828

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Sellers' personal property
Inclusions: Appliances as viewed in As Is condition
Lot Number: 16

Listed by Real Broker, LLC, Gillian Amwake
Sold by BHHS Fox & Roach-Mullica Hill South, Karen S Salcedo

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Listing agent

— 50 Market St —

Gillian Amwake

Real Broker, LLC

Listing Office Email: cheryl@kerrliving.com

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Schools

Schools serving 50 Market St

School District:Salem City School District

Name	Grades	Distance
Salem Middle School 51 New Market Street, Salem, NJ 08079	3-8	0.4 mi
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079	PK-2	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 50 Market St

Date

Details

Price

Change

Source

8/21/2026

Sold

$255,000

-1.92%

MLS

7/14/2026

Listed

$260,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sq. Ft.

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Beds
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Beds
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3
Beds
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Price Reduced

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Single Family
Active
Updated 5 days ago

3
Beds
1
Total Bath
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Sq. Ft.

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50 Market Street, Salem, NJ 08079 (MLS# NJSA2019546) is a Single Family property that was sold at $255,000 on August 21, 2026. Want to learn more about 50 Market Street? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

50 Market St Salem, NJ 08079