56 New Market Street, Salem, NJ 08079 - Photo 1

1/1

$50,000

Sold
Closed
Single Family
4 Beds
1 Full Bath
1 Partial Bath
2,240 Sq. Ft.

1/1

Property Description

INVESTORS!!! This is a FANTASTIC DEAL. Here's your chance to secure and restore this Large Single-Family Home on a quiet street of Salem City, Southern New Jersey. This 4 Bedroom 1 Bath sustained fire damage and offers a chance to grab a FIX and HOLD or FIX and FLIP for an AMAZING price. Don't miss out on this REMARKABLE opportunity! This property is being sold As-Is." Investors, please CONDUCT YOUR OWN DUE DILIGNECE about the conditions of the property. SCHEDULE A SHOWING TODAY!

Full Property Details

Full Property Details for 56 New Market St

General

Sold For: $50,000
Taxes: $3,322 (2019)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2013820
Added to Site: 373 day(s) ago

Interior

Rooms/Areas: Living Room, Dining Room, Kitchen, Basement
Interior Features: Ceiling Fan(s)
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Brick, Wood, Brick, Wood
Flooring: Carpet, Hardwood

Rooms

Bathrooms

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

Bedrooms

Total Bedrooms: 4
Bedrooms Upper: 4

Other Rooms

Living Room: Living Room, Main
Kitchen: Kitchen, Main
Dining Room: Dining Room, Main
Laundry: Main Floor

Additional Information

Security/Safety: Exterior Cameras

Exterior

Exterior Features: Street Lights, Sidewalks

Parking

Parking Type: Off Street

Location

Area: Salem City (21713)
Municipality: SALEM CITY
County: Salem
Development Name: None Available
Subdivision: None Available
Cross Streets: Broad
Driving Directions: Turn left onto Chestnut St, Turn left onto Wesley St, Turn left onto New Market St

School Information

School District: Salem City Schools

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Colonial
Architectural Style: Colonial
Structure Type: Detached
Construction: Frame
Basement: Yes
Basement Desc.: Full, Sump Pump
Foundation: Other
Roof: Shingle
Stories/Levels: 0
Stories Description: Main, Upper 1
Square Feet: 2,240
Sq. Ft. Source: Estimated
Living Area: 2,240 Sq. Ft.
Finished Above Grnd: 2,240 Sq. Ft.
Year Built: 1924
Year Built Source: Estimated
Property Condition: Major Rehab Needed

Lot Features

Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 8,050
Lot Size Source: Estimated
Zoning: RES
Fencing (Description): Fully

Financial Considerations

Price Per Sq. Ft.: $20.31
Assessment Year: 2019
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $47,000
Tax Amount: $3,322
Tax Year: 2019
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 7

Listed by Weichert Realtors-Haddonfield, Delicia Sample
Sold by EXP Realty, LLC, Scott Kompa

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Listing agent

— 56 New Market St —

Delicia Sample

Weichert Realtors-Haddonfield

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Schools

Schools serving 56 New Market St

School District:Salem City School District

Name	Grades	Distance
Salem Middle School 51 New Market Street, Salem, NJ 08079	3-8	0.1 mi
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079	PK-2	0.2 mi
Salem High School 219 Walnut Street, Salem, NJ 08079	9-12	0.8 mi

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

Price & Sales History for 56 New Market St

Date

Details

Price

Change

Source

3/07/2025

Sold

$50,000

9.89%

MLS

2/19/2025

Listed

$45,500

—

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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56 New Market Street, Salem, NJ 08079 (MLS# NJSA2013820) is a Single Family property that was sold at $50,000 on March 07, 2025. Want to learn more about 56 New 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.

56 New Market St Salem, NJ 08079