OFF MARKET

Off market aug 2009 for $90K

—

Est. refi paymentEst. refi $669/mo

•

2.5 ba

•

1,412

sq ft

55 CHESTNUT St, Salem, NJ 08079

About this home

DEAL OF 2009! This is a great opportunity to own a twin that has been restored to its original beauty.Each home features Large Rooms, Hardwood Floors, with Upgrades!! 2 brand new heaters on each side. Each side has loyal tenants paying $850.00 per month total income of $1,700! This is a NO BRAINER!! Make money !House next door rents $1,100 Also possible 4th bedroom on third floor would rent $1,500 just add fire escape!! Dont Miss the chance to visit the best kept home with custom detail! Do not delay! Owner says sell now!!Bring all offers House is "AS IS" reflected in price but mint condition

Multi-familyProperty Type

1945Year Built

3,078 sq ftLot Size

$64Price/Sq.Ft.

1 spaceParking

Listed by • Keller Williams Realty - Cherry Hill

Bought with • Preferred Realtors

Redfin checked: over 7 days ago

•Source:TREND #5488932

Redfin Estimate

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

Market trends in 08079, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.5%

3.3% MoM

Median sale price

$178K

$47K MoM

Avg. days on market

62d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 8 HRS AGO
$235,000
5 beds2.5 baths1,460 sq ft
50 Walnut St, Salem, NJ 08079
(855) 450-0442
NEW 20 HRS AGO
$45,000
2 beds1 bath792 sq ft
202 Pledger St, Salem, NJ 08079
(856) 424-7758
$275,000
4 beds2.5 baths3,495 sq ft
81 W Broadway, Salem, NJ 08079
(856) 769-4111
$195,000
3 beds1.5 baths1,726 sq ft
369 E Broadway, Salem, NJ 08079
(856) 223-2600
SHORT SALE
$239,999
4 beds1 bath1,528 sq ft
636 Salem Quinton Rd, Salem, NJ 08079
(973) 584-2300
FOR SALE BY OWNER
$245,000
2 beds2 baths1,164 sq ft
303 Route 45, Mannington, NJ 08079
COMING SOON
$349,999
3 beds1.5 baths1,416 sq ft
254 Route 45, Mannington, NJ 08079
(856) 241-4343
$169,000
4 beds3 baths3,152 sq ft
87-89 W Broadway, Salem, NJ 08079
(866) 201-6210
$79,900
6 beds3 baths2,324 sq ft
91 Eighth St, Salem, NJ 08079
(215) 335-6900
OPEN SAT, 12PM TO 2PM
$258,000
4 beds2.5 baths1,658 sq ft
15 Plasket Ave, Salem, NJ 08079
(856) 223-1400
See all

Provided by Redfin

Sale history for 55 CHESTNUT St

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$4,625 (+5.2%)

$9,800 + $46,700

$56,500

2024

$4,395 (+4.9%)

$9,800 + $46,700

$56,500

2023

$4,191 (+4.9%)

$9,800 + $46,700

$56,500

2022

$3,997 (+3.8%)

$9,800 + $46,700

$56,500

2021

$3,851 (+2.2%)

$9,800 + $46,700

$56,500

2020

$3,768 (+0.6%)

$9,800 + $46,700

$56,500

2019

$3,744 (+2.4%)

$9,800 + $46,700

$56,500

2018

$3,656 (+1.3%)

$9,800 + $46,700

$56,500

2017

$3,609 (+12.9%)

$9,800 + $46,700

$56,500

2016

$3,196 (−39.2%)

$9,800 + $46,700

$56,500

2014

$5,257 (+0.6%)

$33,600 + $54,400

$88,000

2013

$5,225 (+2.7%)

$33,600 + $109,600

$143,200

2012

$5,089 (+1.1%)

$33,600 + $109,600

$143,200

2011

$5,031 (+2.8%)

$33,600 + $109,600

$143,200

2010

$4,894 (+2.6%)

$33,600 + $109,600

$143,200

2009

$4,771

$33,600 + $109,600

$143,200

Tax history for 55 CHESTNUT St

Year

Property tax

Land + Additions

Assessment*

2025

$4,625 (+5.2%)

$9,800 + $46,700

$56,500

2024

$4,395 (+4.9%)

$9,800 + $46,700

$56,500

2023

$4,191 (+4.9%)

$9,800 + $46,700

$56,500

2022

$3,997 (+3.8%)

$9,800 + $46,700

$56,500

2021

$3,851 (+2.2%)

$9,800 + $46,700

$56,500

2020

$3,768 (+0.6%)

$9,800 + $46,700

$56,500

2019

$3,744 (+2.4%)

$9,800 + $46,700

$56,500

2018

$3,656 (+1.3%)

$9,800 + $46,700

$56,500

2017

$3,609 (+12.9%)

$9,800 + $46,700

$56,500

2016

$3,196 (−39.2%)

$9,800 + $46,700

$56,500

2014

$5,257 (+0.6%)

$33,600 + $54,400

$88,000

2013

$5,225 (+2.7%)

$33,600 + $109,600

$143,200

2012

$5,089 (+1.1%)

$33,600 + $109,600

$143,200

2011

$5,031 (+2.8%)

$33,600 + $109,600

$143,200

2010

$4,894 (+2.6%)

$33,600 + $109,600

$143,200

2009

$4,771

$33,600 + $109,600

$143,200

*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

55 ft.

Lot depth

130 ft.

Lot size

7,148 Sq. Ft.

Year renovated

—

Sq. Ft.

2,101

Year built

1920

Style

Single Family Residential

County

Salem County

APN

1300060 00010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

Property details

Parking

Parking & Garage
Street Parking, Driveway/Off-Street Parking

Interior

Basement Information
Has Basement
Full Basement, Unfinished

Interior Features
Wood Floors

Heating & Cooling
Oil Heating, Hot Water Heating
Wall Unit Cooling
Hot Water: Electric Hot Water

Exterior

Building Information
Building Floors: 2.0
Property Age: 64
Exterior: Brick
Slate Roof

Lot Information
Land Sq. Ft.: 3,078
Lot Area (Acre): 0.07
Lot Dimensions: 27 x 114
Lot Number: 00009

Property Features
Basement, Attic
Has Laundry
Handicap Improvements: None
Foyer

Property Information
Interior Sq. Ft. Source: Assessor
Gross Sq. Ft.: 1412.0
Zoning Code: RES
Ownership: Fee Simple
Property Condition: Average+ Property

Utilities

Utility Information
Public Water
Public Sewer
100-150 Amp Electrical

Location

Multi-Family Information
Total # of Units: 2
# of 3-Bedroom Units: 2

Unit 1 Information
# of Bedrooms: 3
# of Baths (Full): 1
# of Baths (Partial): 1

Unit 2 Information
# of Bedrooms: 3
# of Baths (Full): 1

School Information
Middle School: SALEM M.S.
High School: SALEM H.S.

Location Information
Cross Street Name: ROUTE 49
Block or Square: 00058
Subdivision: NONE AVAILABLE

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,101
Stories: —
Lot Size: 7,148 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Salem County
APN: 1300060 00010

Home facts updated by county records on Jul 14, 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

Climate risks

7/10 Flood Factor

Estimated 71-79% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

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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New listings for sale in 08079

NEW 8 HRS AGO

$235,000

5 beds2.5 baths1,460 sq ft

50 Walnut St, Salem, NJ 08079

(855) 450-0442

NEW 20 HRS AGO

$45,000

2 beds1 bath792 sq ft

202 Pledger St, Salem, NJ 08079

(856) 424-7758

$275,000

4 beds2.5 baths3,495 sq ft

81 W Broadway, Salem, NJ 08079

(856) 769-4111

$195,000

3 beds1.5 baths1,726 sq ft

369 E Broadway, Salem, NJ 08079

(856) 223-2600

SHORT SALE

$239,999

4 beds1 bath1,528 sq ft

636 Salem Quinton Rd, Salem, NJ 08079

(973) 584-2300

FOR SALE BY OWNER

$245,000

2 beds2 baths1,164 sq ft

303 Route 45, Mannington, NJ 08079

COMING SOON

$349,999

3 beds1.5 baths1,416 sq ft

254 Route 45, Mannington, NJ 08079

(856) 241-4343

$169,000

4 beds3 baths3,152 sq ft

87-89 W Broadway, Salem, NJ 08079

(866) 201-6210

$79,900

6 beds3 baths2,324 sq ft

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(215) 335-6900

Home values near 55 CHESTNUT St

Data from public records.

Address	Redfin Estimate
57 Chestnut Street, Salem, NJ - Beds \| - Baths \| 1786 Sq. Ft.	$223,637
59 Chestnut Street, Salem, NJ 4 Beds \| 1.5 Baths \| 1416 Sq. Ft.	$146,325

Address	Redfin Estimate
79 Chestnut Street, Salem, NJ 3 Beds \| 1.5 Baths \| 1496 Sq. Ft.	$119,958
51 Chestnut Street, Salem, NJ - Beds \| - Baths \| 1546 Sq. Ft.	$155,579

Address	Redfin Estimate
61 Chestnut Street, Salem, NJ 3 Beds \| 1 Baths \| 1261 Sq. Ft.	$137,940
45 Chestnut Street, Salem, NJ - Beds \| - Baths \| 2816 Sq. Ft.	—

Property information provided by TREND when last listed in 2009. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 08079, NJ

Sale history for 55 CHESTNUT St

Tax history for 55 CHESTNUT St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08079

Home values near 55 CHESTNUT St

More real estate resources