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859 Salem Ave

Franklinville, NJ 08322

3 bd 1 ba 2,123 sqft Built 1983 Lot 43,560 sqft single_family
Most recent sale
$320,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $320,000 MLS #NJGL2013026
Apr 7, 2022 Listed $300,000 MLS #NJGL2013026
Nov 10, 2020 Sold $224,750 Public Record
Sep 17, 2020 Sold $224,750 MLS #NJGL260702

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,400 $35,000 $202,400 $7,994
2024 $167,400 $35,000 $202,400 $7,814
2023 $167,400 $35,000 $202,400 $7,630
2022 $167,400 $35,000 $202,400 $7,430
2021 $167,400 $35,000 $202,400 $7,325
2020 $167,400 $35,000 $202,400 $7,248
2019 $167,400 $35,000 $202,400 $7,147
2018 $167,400 $35,000 $202,400 $7,056
2017 $167,400 $35,000 $202,400 $6,914
2016 $167,400 $35,000 $202,400 $6,878
2015 $167,400 $35,000 $202,400 $6,236
2014 $167,400 $35,000 $202,400 $5,995
2013 $101,600 $23,000 $124,600 $3,814
2012 $101,600 $23,000 $124,600 $5,605
2011 $101,600 $23,000 $124,600 $5,588
2010 $101,600 $23,000 $124,600 $5,476
2009 $101,600 $23,000 $124,600 $5,325
2008 $101,600 $23,000 $124,600 $5,258
2007 $101,600 $23,000 $124,600 $5,131

Property facts

Year built
1983
Property type
single_family
Stories
3
Beds
3
Baths
1
Living area
2,123 sqft
Lot size
43,560 sqft
ZIP code
08322
City
Franklinville
Street
Salem Ave
Coordinates
39.59251, -74.97340

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,185
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value

Frequently asked questions

When did 859 Salem Ave last sell?
859 Salem Ave most recently sold on May 18, 2022 for $320,000.
What is the current tax assessment for 859 Salem Ave?
The most recent total assessment for 859 Salem Ave (year 2025) is $202,400 with $7,994 in property tax.
How does 859 Salem Ave's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $320,000.
When was 859 Salem Ave built?
859 Salem Ave was built in 1983.
How does 859 Salem Ave compare to others on Salem Ave?
We track 8 other properties on Salem Ave. Browse the list under "Other properties on Salem Ave" to compare beds, baths, and sale history.
What are the property facts for 859 Salem Ave?
859 Salem Ave is a 3 bed, 1 bath, 2,123 sqft, 43,560 sqft lot single_family.
Is 859 Salem Ave a flip candidate?
Yes — 859 Salem Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 859 Salem Ave a tax-appeal candidate?
No — 859 Salem Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.0%
2026 Q3
$382.3K
2026 Q4
$388.4K
ZIP 08322 — Median Price History + Forecast

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