331 Salem St
Elmer, NJ 08318
3 bd 2 ba 1,488 sqft Built 1900 Lot 19,830 sqft single_family
Most recent sale
$263,500
May 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2022 | Sold | $263,500 | MLS #NJSA2003532 |
| Mar 31, 2022 | Listed | $250,000 | MLS #NJSA2003532 |
| Nov 30, 2015 | Sold | $176,500 | MLS #1001798347 |
| Nov 6, 2015 | Relisted | $175,000 | MLS #6653963 |
| Oct 22, 2015 | Listing removed | $175,000 | BrightMLS |
| Sep 30, 2015 | Listed | $175,000 | MLS #1001798347 |
| Oct 20, 1995 | Sold | $42,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $113,700 | $37,700 | $151,400 | $6,210 |
| 2024 | $113,700 | $37,700 | $151,400 | $6,198 |
| 2023 | $113,700 | $37,700 | $151,400 | $5,977 |
| 2022 | $113,700 | $37,700 | $151,400 | $5,833 |
| 2021 | $113,700 | $37,700 | $151,400 | $5,684 |
| 2020 | $113,700 | $37,700 | $151,400 | $5,718 |
| 2019 | $113,700 | $37,700 | $151,400 | $5,502 |
| 2018 | $113,700 | $37,700 | $151,400 | $5,422 |
| 2017 | $113,700 | $37,700 | $151,400 | $4,728 |
| 2016 | $113,700 | $37,700 | $151,400 | $4,525 |
| 2015 | $110,200 | $37,700 | $147,900 | $4,137 |
| 2014 | $110,200 | $37,700 | $147,900 | $4,091 |
| 2013 | $110,200 | $37,700 | $147,900 | $3,943 |
| 2012 | $110,200 | $37,700 | $147,900 | $3,987 |
| 2011 | $110,200 | $37,700 | $147,900 | $3,869 |
| 2010 | $110,200 | $37,700 | $147,900 | $3,782 |
| 2009 | $110,200 | $37,700 | $147,900 | $3,649 |
| 2008 | $110,200 | $37,700 | $147,900 | $3,593 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,488 sqft
Lot size
19,830 sqft
ZIP code
08318
City
Elmer
Street
Salem St
Coordinates
39.58686, -75.17443
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,232
Gross rental yield
10.16%
Implied cap rate
6.61%
Trend-extrapolated value
—
Frequently asked questions
When did 331 Salem St last sell?
331 Salem St most recently sold on May 24, 2022 for $263,500.
What is the current tax assessment for 331 Salem St?
The most recent total assessment for 331 Salem St (year 2025) is $151,400 with $6,210 in property tax.
How does 331 Salem St's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $263,500.
When was 331 Salem St built?
331 Salem St was built in 1900.
How does 331 Salem St compare to others on Salem St?
We track 8 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 331 Salem St?
331 Salem St is a 3 bed, 2 bath, 1,488 sqft, 19,830 sqft lot single_family.
Is 331 Salem St a flip candidate?
No — 331 Salem St does not appear in our flips dataset.
Is 331 Salem St a tax-appeal candidate?
No — 331 Salem St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.4%
2026 Q2
$313.5K
2026 Q3
$319.3K
ZIP 08318 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem St