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7 Salem Ave

Newfield, NJ 08344

2 bd 3 ba 1,064 sqft Built 1888 Lot 13,504 sqft single_family
Most recent sale
$325,500
Oct 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 31, 2022 Sold $325,500 MLS #NJGL2016188
Aug 24, 2022 Price changed $325,000 MLS #NJGL2016188
Aug 10, 2022 Price changed $349,900 MLS #NJGL2016188
Jul 7, 2022 Price changed $399,900 MLS #NJGL2016188
Jun 3, 2022 Listed $435,000 MLS #NJGL2016188
May 31, 2018 Sold $24,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $150,800 $42,400 $193,200 $7,231
2024 $150,800 $42,400 $193,200 $5,995
2023 $120,000 $42,400 $162,400 $6,093
2022 $120,000 $42,400 $162,400 $6,102
2021 $120,000 $42,400 $162,400 $6,112
2020 $120,000 $42,400 $162,400 $6,044
2019 $120,000 $42,400 $162,400 $5,628
2018 $120,000 $42,400 $162,400 $5,524
2017 $120,000 $42,400 $162,400 $5,596
2016 $120,000 $42,400 $162,400 $5,451
2015 $120,000 $42,400 $162,400 $5,256
2014 $120,000 $42,400 $162,400 $5,031
2013 $115,800 $60,600 $176,400 $4,552
2012 $115,800 $60,600 $176,400 $4,404
2011 $115,800 $60,600 $176,400 $4,335
2009 $104,400 $60,600 $165,000 $3,464
2008 $104,400 $60,600 $165,000 $3,386
2007 $25,400 $14,000 $39,400 $1,619

Property facts

Year built
1888
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,064 sqft
Lot size
13,504 sqft
ZIP code
08344
City
Newfield
Street
Salem Ave
Coordinates
39.54586, -75.02557

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,596
Gross rental yield
5.88%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 7 Salem Ave last sell?
7 Salem Ave most recently sold on Oct 31, 2022 for $325,500.
What is the current tax assessment for 7 Salem Ave?
The most recent total assessment for 7 Salem Ave (year 2025) is $193,200 with $7,231 in property tax.
How does 7 Salem Ave's assessment compare to its last sale price?
The current assessment is 40.6% below the last sale price of $325,500.
When was 7 Salem Ave built?
7 Salem Ave was built in 1888.
How does 7 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 7 Salem Ave?
7 Salem Ave is a 2 bed, 3 bath, 1,064 sqft, 13,504 sqft lot single_family.
Is 7 Salem Ave a flip candidate?
No — 7 Salem Ave does not appear in our flips dataset.
Is 7 Salem Ave a tax-appeal candidate?
No — 7 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
+1.0%
Implied 1-yr
+4.2%
2026 Q3
$266.4K
2026 Q4
$269K
ZIP 08344 — Median Price History + Forecast

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