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.
TownhomeProperty Type
1901Year Built
2,165 sq ftLot Size
$78Price/Sq.Ft.
Listed by Allegra Lyndell• Keller Williams - Main Street
•856-858-2200 (broker)
•njrealtortara@gmail.com (broker)
Bought with Kenneth LePosa• Coldwell Banker Realty
Est. $1,984 per month, based on comparable rentals
Sale and tax history for 97 Chestnut St
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #NJSA2018874
Aug 27, 2026
Sold
$95,000
$78/sq ft
Aug 3, 2026
Pending
—
Jul 15, 2026
Price Changed
$115,000
$95/sq ft
Jul 8, 2026
Price Changed
$120,000
$99/sq ft
Jun 15, 2026
Price Changed
$125,000
$103/sq ft
May 6, 2026
Listed
$130,000
$107/sq ft
APPFOLIO #1
Feb 16, 2026
Rental Removed
$1,450
$1/sq ft
Jan 31, 2026
Price Changed
$1,450
$1/sq ft
Dec 3, 2025
Listed for Rent
$1,550
$1/sq ft
Public Records
Jun 12, 2025
Sold
$68,750
$57/sq ft
BRIGHT MLS #NJSA134528
Jul 15, 2019
Sold
$49,900
$41/sq ft
Jun 20, 2019
Pending
—
Jun 13, 2019
Listed
$49,900
$41/sq ft
ATTENTION INVESTORS!! Spacious duplex with long term tenants! Easy commute from Delaware Memorial Bridge & NJ Turnpike! Property is being sold in it's "AS-IS" condition. Certificate of occupancy was obtained for current tenants.