38 Salem St
Newark, NJ 07106
3 bd 2 ba 1,238 sqft Built 1928 Lot 3,485 sqft single_family
Most recent sale
$350,000
Sep 29, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 6, 2024 | Sold | $498,000 | Public Record |
| Apr 18, 2024 | Listing removed | — | NewJerseyMLS |
| Jan 29, 2024 | Listed | $439,900 | NewJerseyMLS |
| Sep 29, 2023 | Sold | $350,000 | GardenState |
| Sep 22, 2023 | Listing removed | — | NewJerseyMLS |
| Jun 29, 2023 | Listed | $310,000 | NewJerseyMLS |
| May 23, 2023 | Relisted | $315,000 | GardenState |
| Mar 24, 2023 | Listing removed | — | GardenState |
| Mar 14, 2023 | Listed | $310,000 | GardenState |
| Jan 26, 2021 | Listing removed | — | RentlinxUnits |
| Dec 25, 2020 | Listed for rent | $1,950 | RentlinxUnits |
| Mar 7, 1994 | Sold | $69,900 | Public Record |
| Aug 31, 1990 | Sold | $74,000 | Public Record |
| Aug 7, 1986 | Sold | $74,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $267,600 | $17,300 | $284,900 | $11,393 |
| 2024 | $267,600 | $17,300 | $284,900 | $4,278 |
| 2023 | $95,200 | $17,300 | $112,500 | $4,194 |
| 2022 | $95,200 | $17,300 | $112,500 | $4,203 |
| 2021 | $95,200 | $17,300 | $112,500 | $4,200 |
| 2020 | $95,200 | $17,300 | $112,500 | $4,275 |
| 2019 | $95,200 | $17,300 | $112,500 | $4,231 |
| 2018 | $95,200 | $17,300 | $112,500 | $4,154 |
| 2017 | $95,200 | $17,300 | $112,500 | $4,005 |
| 2016 | $95,200 | $17,300 | $112,500 | $3,870 |
| 2015 | $95,200 | $17,300 | $112,500 | $3,722 |
| 2014 | $95,200 | $17,300 | $112,500 | $3,488 |
| 2013 | $95,200 | $17,300 | $112,500 | $3,322 |
| 2012 | $69,800 | $39,500 | $109,300 | $3,773 |
| 2010 | $69,800 | $39,500 | $109,300 | $3,475 |
| 2009 | $69,800 | $39,500 | $109,300 | $2,993 |
| 2008 | $69,800 | $39,500 | $109,300 | $2,840 |
| 2007 | $69,800 | $39,500 | $109,300 | $2,721 |
Property facts
Year built
1928
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,238 sqft
Lot size
3,485 sqft
ZIP code
07106
City
Newark
Street
Salem St
Coordinates
40.74512, -74.22971
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,857
Gross rental yield
6.37%
Implied cap rate
4.14%
Trend-extrapolated value
—
Frequently asked questions
When did 38 Salem St last sell?
38 Salem St most recently sold on Sep 29, 2023 for $350,000.
What is the current tax assessment for 38 Salem St?
The most recent total assessment for 38 Salem St (year 2025) is $284,900 with $11,393 in property tax.
How does 38 Salem St's assessment compare to its last sale price?
The current assessment is 18.6% below the last sale price of $350,000.
When was 38 Salem St built?
38 Salem St was built in 1928.
How does 38 Salem St compare to others on Salem St?
We track 4 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 38 Salem St?
38 Salem St is a 3 bed, 2 bath, 1,238 sqft, 3,485 sqft lot single_family.
Is 38 Salem St a flip candidate?
Yes — 38 Salem St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 38 Salem St a tax-appeal candidate?
No — 38 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
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$571.2K
2026 Q4
$585.2K
ZIP 07106 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem St