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254 Route 45

Salem, NJ 08079

3 bd 2 ba 1,416 sqft Built 1935 Lot 46,609 sqft single_family
Most recent sale
$299,000
Nov 1, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2023 Sold $299,000 BrightMLS
Sep 24, 2023 Listing removed BrightMLS
Aug 21, 2023 Listed $450,000 BrightMLS
Aug 18, 2023 Price changed $299,000 BrightMLS
Jul 24, 2023 Listed $325,000 BrightMLS
Feb 23, 2023 Sold $270,000 Public Record
Jan 15, 2021 Listing removed BrightMLS
Jul 13, 2020 Price changed $45,000 BrightMLS
Jul 8, 2019 Listed $50,000 BrightMLS
Jul 6, 2011 Listing removed $165,000 BrightMLS
Jan 5, 2011 Listed $165,000 BrightMLS
Oct 8, 2009 Sold $210,000 Public Record
May 9, 2005 Sold $340,000 Public Record
Mar 31, 1997 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,200 $46,700 $218,900 $7,889
2024 $172,200 $46,700 $218,900 $7,611
2023 $172,200 $46,700 $218,900 $7,556
2022 $172,200 $46,700 $218,900 $7,589
2021 $172,200 $46,700 $218,900 $7,407
2020 $172,200 $46,700 $218,900 $6,961
2019 $172,200 $46,700 $218,900 $6,777
2018 $172,200 $46,700 $218,900 $6,466
2017 $172,200 $46,700 $218,900 $6,293
2016 $172,200 $46,700 $218,900 $5,973
2015 $172,200 $46,700 $218,900 $5,522
2014 $172,200 $46,700 $218,900 $5,352
2013 $172,200 $46,700 $218,900 $5,222
2012 $172,200 $46,700 $218,900 $5,227
2011 $172,200 $46,700 $218,900 $5,109
2010 $169,800 $46,700 $216,500 $4,892
2009 $209,200 $46,000 $255,200 $5,767
2008 $209,200 $46,000 $255,200 $5,512

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,416 sqft
Lot size
46,609 sqft
ZIP code
08079
City
Salem
Street
Route 45
Coordinates
39.59112, -75.44810

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,124
Gross rental yield
8.52%
Implied cap rate
5.54%
Trend-extrapolated value

Frequently asked questions

When did 254 Route 45 last sell?
254 Route 45 most recently sold on Nov 1, 2023 for $299,000.
What is the current tax assessment for 254 Route 45?
The most recent total assessment for 254 Route 45 (year 2025) is $218,900 with $7,889 in property tax.
How does 254 Route 45's assessment compare to its last sale price?
The current assessment is 26.8% below the last sale price of $299,000.
When was 254 Route 45 built?
254 Route 45 was built in 1935.
How does 254 Route 45 compare to others on Route 45?
We track 8 other properties on Route 45. Browse the list under "Other properties on Route 45" to compare beds, baths, and sale history.
What are the property facts for 254 Route 45?
254 Route 45 is a 3 bed, 2 bath, 1,416 sqft, 46,609 sqft lot single_family.
Is 254 Route 45 a flip candidate?
No — 254 Route 45 does not appear in our flips dataset.
Is 254 Route 45 a tax-appeal candidate?
No — 254 Route 45 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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