Off market apr 2023 for $225K

—

Est. refi paymentEst. refi $1,714/mo

—

•

— ba

•

2,816

sq ft

43-45 Chestnut St, Salem, NJ 08079

About this home

+++OFFER ACCEPTED+++Looking for an investment opportunity or a spacious home with rental income potential? Look no further! This property is eligible for USDA financing! 0% down WOW This beautifull renovated property features two separate units, side by side. Each unit with 4 bedrooms, 1 bathroom. Each unit features new flooring, SS appliances, new HVAC, etc. Both units have access to a shared backyard, perfect for outdoor gatherings and relaxation. Additionally, there is ample off-street parking for tenants and guests. Located in a quiet residential neighborhood, this property is just a short drive from local schools, shopping, and dining options. Don't miss this opportunity to own a versatile and income-generating property in a desirable location!

Multi-familyProperty Type

1915Year Built

$80Price/Sq.Ft.

Listed by DEMOND EDWARDS • HomeSmart First Advantage Realty

•856-363-3000 (broker)

•hakankarahan@hakankarahan.com (broker)

Bought with Scott Kompa • EXP Realty, LLC

•866-201-6210 (broker)

•nj.broker@exprealty.net (broker)

Bought with Heather Bosco • EXP Realty, LLC

•866-201-6210 (broker)

•nj.broker@exprealty.net (broker)

Redfin checked: a few seconds ago

•Source:BRIGHT MLS #NJSA2007004

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 08079, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

92.1%

2.7% MoM

Median sale price

$175K

$3K MoM

Avg. days on market

89d

27 days MoM

Recently sold homes

7 MoM

New listings for sale

$199,777
4 beds1 bath1,305 sq ft
198 Victory Ave, Salem, NJ 08079
(856) 316-1100
$79,900
4 beds2 baths1,672 sq ft
50 Seventh St, Salem, NJ 08079
(610) 622-7500
$89,900
2 beds1 bath888 sq ft
183 E Broadway Unit C-3, Salem, NJ 08079
(856) 769-2020
$350,000
2 beds1.5 baths1,290 sq ft
215 Compromise Rd, Mannington, NJ 08079
(856) 343-6000
$199,000
3 beds2.5 baths3,023 sq ft
100 W Broadway, Salem, NJ 08079
(856) 241-4343
$139,900
4 beds1 bath1,478 sq ft
108 Eighth St, Salem, NJ 08079
(856) 343-6000
$250,000
3 beds1.5 baths1,456 sq ft
324 Allen Ave, Salem, NJ 08079
(856) 804-1805
See all

Provided by Redfin

Sale history for 43-45 Chestnut St

Date

Event

Price

BRIGHT MLS #NJSA2015430

Sep 21, 2025

Listing Removed

—

Sep 1, 2025

Price Changed

$285,000

$101/sq ft

Jul 3, 2025

Listed

$299,999

$107/sq ft

Public Records

Jun 29, 2023

Sold

$225,000

$80/sq ft

BRIGHT MLS #NJSA2007004

May 19, 2023

Listing Removed

—

Apr 28, 2023

Sold

$225,000

$80/sq ft

Mar 23, 2023

Pending

—

Mar 21, 2023

Contingent

—

Mar 15, 2023

Listed

$199,900

$71/sq ft

Public Records

Nov 26, 2012

Sold

$88,000

$31/sq ft

Public Records

Oct 19, 2012

Sold

$47,000

$17/sq ft

Public Records

May 21, 2012

Sold

$21,000

$7/sq ft

TREND #5804083

May 15, 2012

Sold

$20,000

$7/sq ft

May 9, 2012

Pending

—

Mar 9, 2012

Relisted

—

Feb 29, 2012

Delisted

—

Nov 22, 2010

Listed

$39,777

$14/sq ft

BRIGHT MLS #1004698982

May 15, 2012

Sold

$20,000

$7/sq ft

Nov 17, 2011

Listing Removed

—

Nov 22, 2010

Listed

$39,777

$14/sq ft

+20

Back to Active!I NEED Offers and this could be fantastic for you! A place to call home! Stop renting when you can own your own home! Live in one, rent the other! OR Start building your Investment Property Portfolio Now! Full Duplex! Investor Alert! Rental potential! Newer heaters and hot water heaters. Past rental income performance documentation available. Bring all offers! Sold "As Is" Buyer is responsible for all certificates and repairs. All terms subject to bank approval.

BRIGHT MLS #1008861982

Nov 22, 2010

Listing Removed

—

Sep 15, 2009

Listed

$129,900

$46/sq ft

BRIGHT MLS #1008798616

Aug 4, 2009

Listing Removed

—

Jun 21, 2009

Listed

$137,000

$49/sq ft

BRIGHT MLS #NJSA122372

May 30, 2008

Listing Removed

—

Oct 12, 2007

Listed

$147,900

$53/sq ft

BRIGHT MLS #NJSA107160

Feb 25, 2005

Sold

$105,000

$37/sq ft

Jan 27, 2005

Listing Removed

—

Jan 15, 2005

Listed

$105,000

$37/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$7,943 (+12.3%)

$8,700 + $73,300

$82,000

2025

$7,075 (+4.9%)

$8,700 + $73,300

$82,000

2024

$6,742 (+55.7%)

$8,700 + $73,300

$82,000

2023

$4,331 (+4.6%)

$8,700 + $73,300

$82,000

2022

$4,142 (+6.3%)

$8,700 + $46,400

$55,100

2019

$3,895 (+2.2%)

$8,700 + $46,400

$55,100

2018

$3,810 (+1.2%)

$8,700 + $46,400

$55,100

2017

$3,763 (−3.9%)

$8,700 + $46,400

$55,100

2016

$3,916 (+1.8%)

$8,700 + $46,400

$55,100

2014

$3,846 (−32.0%)

$32,700 + $67,300

$100,000

2013

$5,654 (+2.5%)

$32,700 + $67,300

$100,000

2012

$5,514 (+1.1%)

$32,700 + $115,200

$147,900

2011

$5,455 (+2.7%)

$32,700 + $115,200

$147,900

2010

$5,313 (+2.5%)

$32,700 + $115,200

$147,900

2009

$5,185

$32,700 + $115,200

$147,900

Tax history for 43-45 Chestnut St

Year

Property tax

Land + Additions

Assessment*

2026

$7,943 (+12.3%)

$8,700 + $73,300

$82,000

2025

$7,075 (+4.9%)

$8,700 + $73,300

$82,000

2024

$6,742 (+55.7%)

$8,700 + $73,300

$82,000

2023

$4,331 (+4.6%)

$8,700 + $73,300

$82,000

2022

$4,142 (+6.3%)

$8,700 + $46,400

$55,100

2019

$3,895 (+2.2%)

$8,700 + $46,400

$55,100

2018

$3,810 (+1.2%)

$8,700 + $46,400

$55,100

2017

$3,763 (−3.9%)

$8,700 + $46,400

$55,100

2016

$3,916 (+1.8%)

$8,700 + $46,400

$55,100

2014

$3,846 (−32.0%)

$32,700 + $67,300

$100,000

2013

$5,654 (+2.5%)

$32,700 + $67,300

$100,000

2012

$5,514 (+1.1%)

$32,700 + $115,200

$147,900

2011

$5,455 (+2.7%)

$32,700 + $115,200

$147,900

2010

$5,313 (+2.5%)

$32,700 + $115,200

$147,900

2009

$5,185

$32,700 + $115,200

$147,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,560 Sq. Ft.

Year renovated

—

Sq. Ft.

2,816

Year built

1915

Style

Single Family Residential

County

Salem County

APN

1300060 00006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 3, 2026.

Property details

Parking

Parking Information
On Street

Interior

Interior Information
Living Area Sq.Ft. Source: Assessor

Basement Information
Basement: Yes
Full

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
# of Units (Total): 1
Construction Materials: Block
Foundation Details: Brick/Mortar, Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 40.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No

Above Grade Information
Finished Sq.Ft.: 2,816
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Year: 2022

Assessments Information
Year Assessed: 2022

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
90% Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: No Septic System
Water Source: Public

Location

Multi Unit Information
# of Vacant Units: 2
Units Furnished: None

School Information
School District Name: SALEM CITY SCHOOLS
School District Source: Listing Agent

Location Information
Directions: Use GPS
Municipality: SALEM CITY

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,816
Stories: —
Lot Size: 5,560 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Salem County
APN: 1300060 00006

Home facts updated by county records on Nov 3, 2026

Around this home

Schools

Salem Middle School

Public 3-8 • Assigned • 0.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Salem, NJ • 08079

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

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Home values near 43-45 Chestnut St

Data from public records.

Address	Redfin Estimate
57 Chestnut St, Salem, NJ - Beds \| - Baths \| 1786 Sq. Ft.	$225,373
41 Chestnut St, Salem, NJ - Beds \| - Baths \| 2635 Sq. Ft.	$146,529

Address	Redfin Estimate
59 Chestnut St, Salem, NJ 4 Beds \| 1.5 Baths \| 1416 Sq. Ft.	$144,777
37 Chestnut St, Salem, NJ 4 Beds \| 1.5 Baths \| 2300 Sq. Ft.	$214,594

Address	Redfin Estimate
51 Chestnut St, Salem, NJ - Beds \| - Baths \| 1546 Sq. Ft.	$159,689
55 Chestnut St, Salem, NJ 6 Beds \| 2.5 Baths \| 1412 Sq. Ft.	—

Property information provided by BRIGHT MLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 08079, NJ

Sale history for 43-45 Chestnut St

Tax history for 43-45 Chestnut St

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08079

Home values near 43-45 Chestnut St

More real estate resources