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303 Salem Ct

Raritan, NJ 08822

2 bd 2 ba 1,440 sqft Built 1987 condos
Most recent sale
$300,000
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $300,000 GardenState
Dec 15, 2015 Sold $224,900 Public Record
Sep 18, 2015 Listing removed $224,900 GardenState
Sep 9, 2015 Listed $224,900 GardenState
Jan 28, 1997 Sold $118,500 Public Record
Nov 26, 1986 Sold $129,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,300 $102,000 $228,300 $6,915
2024 $126,300 $102,000 $228,300 $6,613
2023 $126,300 $102,000 $228,300 $6,218
2022 $126,300 $102,000 $228,300 $6,061
2021 $126,300 $102,000 $228,300 $5,988
2020 $126,300 $102,000 $228,300 $5,869
2019 $126,300 $102,000 $228,300 $5,750
2018 $126,300 $102,000 $228,300 $5,680
2017 $126,300 $102,000 $228,300 $5,593
2016 $126,300 $102,000 $228,300 $5,492
2015 $126,300 $102,000 $228,300 $5,353
2014 $126,300 $102,000 $228,300 $5,282
2013 $126,300 $102,000 $228,300 $5,276
2012 $126,300 $102,000 $228,300 $4,971
2011 $126,300 $102,000 $228,300 $4,923
2009 $127,100 $110,000 $237,100 $5,140
2008 $133,700 $120,000 $253,700 $5,041
2007 $133,700 $120,000 $253,700 $4,972

Property facts

Year built
1987
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,440 sqft
Lot size
ZIP code
08822
City
Raritan
Street
Salem Ct
Coordinates
40.50134, -74.84626

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
$2,160
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 303 Salem Ct last sell?
303 Salem Ct most recently sold on Nov 30, 2022 for $300,000.
What is the current tax assessment for 303 Salem Ct?
The most recent total assessment for 303 Salem Ct (year 2025) is $228,300 with $6,915 in property tax.
How does 303 Salem Ct's assessment compare to its last sale price?
The current assessment is 23.9% below the last sale price of $300,000.
When was 303 Salem Ct built?
303 Salem Ct was built in 1987.
How does 303 Salem Ct compare to others on Salem Ct?
We track 7 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 303 Salem Ct?
303 Salem Ct is a 2 bed, 2 bath, 1,440 sqft condos.
Is 303 Salem Ct a flip candidate?
No — 303 Salem Ct does not appear in our flips dataset.
Is 303 Salem Ct a tax-appeal candidate?
No — 303 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
-0.1%
Implied 1-yr
-0.2%
2026 Q3
$545.5K
2026 Q4
$545.2K
ZIP 08822 — Median Price History + Forecast

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