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206 Salem Ct

Princeton, NJ 08540

2 bd 1 ba 1,008 sqft Built 1988 condos
Most recent sale
$276,500
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $276,500 MLS #NJME2012588
Feb 21, 2022 Listed $259,990 MLS #NJME2012588
Jan 6, 2016 Listing removed $1,500 BrightMLS
Dec 31, 2015 Listed for rent $1,500 BrightMLS
Dec 30, 2015 Sold $223,000 MLS #6635342
Oct 5, 2015 Price changed $223,000 MLS #6635342
Sep 2, 2015 Price changed $228,000 MLS #6635342
Aug 31, 2015 Listed $233,000 MLS #6635342
Jan 16, 2014 Listing removed $1,525 BrightMLS
Dec 11, 2013 Listed for rent $1,525 BrightMLS
May 2, 2012 Listing removed $1,450 BrightMLS
Apr 17, 2012 Listing removed $1,420 BrightMLS
Apr 9, 2012 Listed for rent $1,420 BrightMLS
Feb 8, 2011 Sold $196,000 MLS #5767090
Nov 6, 2010 Listing removed $1,400 BrightMLS
Oct 6, 2010 Listed for rent $1,400 BrightMLS
Sep 2, 2010 Listed $205,000 MLS #5767090
Sep 12, 2001 Sold $135,000 Public Record
Jun 14, 1999 Sold $94,900 Public Record
Jul 6, 1987 Sold $123,365 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $110,700 $80,000 $190,700 $6,029
2024 $110,700 $80,000 $190,700 $5,844
2023 $110,700 $80,000 $190,700 $5,600
2022 $110,700 $80,000 $190,700 $5,492
2021 $110,700 $80,000 $190,700 $5,446
2020 $110,700 $80,000 $190,700 $5,347
2019 $110,700 $80,000 $190,700 $5,286
2018 $110,700 $80,000 $190,700 $5,236
2017 $110,700 $80,000 $190,700 $5,127
2016 $110,700 $80,000 $190,700 $5,017
2015 $110,700 $80,000 $190,700 $4,900
2014 $110,700 $80,000 $190,700 $4,843
2013 $110,700 $80,000 $190,700 $4,742
2012 $110,700 $80,000 $190,700 $4,693
2011 $110,700 $80,000 $190,700 $4,578
2010 $124,200 $80,000 $204,200 $4,674
2009 $124,200 $80,000 $204,200 $4,471
2008 $132,000 $80,000 $212,000 $4,456
2007 $150,000 $80,000 $230,000 $4,577

Property facts

Year built
1988
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
1,008 sqft
Lot size
ZIP code
08540
City
Princeton
Street
Salem Ct
Coordinates
40.32292, -74.65778

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
$1,512
Gross rental yield
6.56%
Implied cap rate
4.27%
Trend-extrapolated value

Frequently asked questions

When did 206 Salem Ct last sell?
206 Salem Ct most recently sold on Apr 6, 2022 for $276,500.
What is the current tax assessment for 206 Salem Ct?
The most recent total assessment for 206 Salem Ct (year 2025) is $190,700 with $6,029 in property tax.
How does 206 Salem Ct's assessment compare to its last sale price?
The current assessment is 31.0% below the last sale price of $276,500.
When was 206 Salem Ct built?
206 Salem Ct was built in 1988.
How does 206 Salem Ct compare to others on Salem Ct?
We track 8 other properties on Salem Ct. Browse the list under "Other properties on Salem Ct" to compare beds, baths, and sale history.
What are the property facts for 206 Salem Ct?
206 Salem Ct is a 2 bed, 1 bath, 1,008 sqft condos.
Is 206 Salem Ct a flip candidate?
No — 206 Salem Ct does not appear in our flips dataset.
Is 206 Salem Ct a tax-appeal candidate?
No — 206 Salem Ct 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
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$2.54M
2026 Q4
$2.54M
ZIP 08540 — Median Price History + Forecast

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