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$95,000
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Property Description
Great for Investors as well as owner-occupants! 97 Chestnut features 2 bedrooms and 1 full bathroom, with a bonus room and bedroom on the 3rd floor. offering excellent potential for investors or owner-occupants alike. This home offers a traditional layout with spacious living areas and strong structural potential, making it a great opportunity for cosmetic updates and added value. With room to renovate and improve, this property presents an excellent chance to build equity, increase rental income, or create a comfortable owner-occupied residence. Located within Salem's redevelopment area, the property also benefits from the city's continued growth and revitalization, offering long-term upside and investment potential.
Full Property Details
Full Property Details for 97 Chestnut St
General
- Sold For: $95,000
- Taxes: $2,648 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2018874
- Added to Site: 166 day(s) ago
Interior
- Interior Features: Attic, Carpet, Dining Area, Kitchen - Eat-In, Wood Floors
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
- Bedrooms-Up2: 1
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Features: Shared Driveway
- Parking Type: Driveway, On Street
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Subdivision: PALATINE LAKE
- Cross Streets: Broadway
- Driving Directions: Turn onto to Chestnut from Grieves
School Information
- School District: Salem City Schools
- Elementary School: John Fenwick E.S.
- Middle School: Salem M.S.
- High School: Salem H.S.
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Forced Air, Radiator
- Heating Fuel: Natural Gas, Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Brick/Mortar
- Roof: Asbestos Shingle
- Stories/Levels: 1
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 1,214
- Sq. Ft. Source: Assessor
- Living Area: 1,214 Sq. Ft.
- Finished Above Grnd: 1,214 Sq. Ft.
- Year Built: 1901
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,165
- Lot Size Source: Estimated
- Lot Dimensions: 19.00 x 114.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $94.73
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $30,700
- Tax Amount: $2,648
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1214
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal Property
- Lot Number: 7
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Schools
Schools serving 97 Chestnut 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 |
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 97 Chestnut St
Date
Details
Price
Change
Source
8/27/2026
Sold
$95,000
-17.39%
MLS
7/15/2026
Price Reduced
$115,000
-4.17%
MLS
7/08/2026
Price Reduced
$120,000
-4%
MLS
6/15/2026
Price Reduced
$125,000
-3.85%
MLS
5/06/2026
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
97 Chestnut Street, Salem, NJ 08079 (MLS# NJSA2018874) is a Single Family property that was sold at $95,000 on August 27, 2026. This property was sold by Kenneth "Ken" LePosa from our Haddonfield Office.Want to learn more about 97 Chestnut 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.


