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229-231 Gibbon St

Salem, NJ 08079

6 bd 2,380 sqft Built 1940 Lot 4,792 sqft multi_family
Most recent sale
$185,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2022 Sold $185,000 MLS #NJSA2003276
Mar 21, 2022 Listed $99,000 MLS #NJSA2003276

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1940
Property type
multi_family
Stories
Beds
6
Baths
Living area
2,380 sqft
Lot size
4,792 sqft
ZIP code
08079
City
Salem
Street
Gibbon St
Coordinates
39.57401, -75.46276

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 229-231 Gibbon St last sell?
229-231 Gibbon St most recently sold on Apr 13, 2022 for $185,000.
What is the current tax assessment for 229-231 Gibbon St?
No tax-assessment history is recorded for this parcel.
When was 229-231 Gibbon St built?
229-231 Gibbon St was built in 1940.
How does 229-231 Gibbon St compare to others on Gibbon St?
We track 3 other properties on Gibbon St. Browse the list under "Other properties on Gibbon St" to compare beds, baths, and sale history.
What are the property facts for 229-231 Gibbon St?
229-231 Gibbon St is a 6 bed, 2,380 sqft, 4,792 sqft lot multi_family.
Is 229-231 Gibbon St a flip candidate?
No — 229-231 Gibbon St does not appear in our flips dataset.
Is 229-231 Gibbon St a tax-appeal candidate?
No — 229-231 Gibbon St 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
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$204.9K
2026 Q4
$204.1K
ZIP 08079 — Median Price History + Forecast

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