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158 South Salem Street

158 South Salem Street, Randolph, NJ 07869
Property in Morris
Local assessors in Randolph, NJ have categorized 158 South Salem Street as a commercial type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 57,499 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 2,690 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 158 South Salem Street has a total of 13,023 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 158 South Salem Street was last sold in Dec 29, 2020 for $1,750,000. According to our calculations, that's $134.38 per sqft. Current property owners are expected to pay $37,103 in taxes per year. The property on 158 South Salem Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,344,300. To break that down further, the land itself was valued at $726,000. While improvements to the property were assessed at a total of $618,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 57,499
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,690
  • Total Building Area: 13,023
  • Gross Building Area: 13,023
  • Building Area: 13,023
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 13,023
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.32
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: B125 L1

Ownership

  • Current Owner : E & W REALTY ASSOCIATES INC
  • Previous Owner : MILLER LOUIS
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Randolph Township School District
  • Census Tract: 046500

Zoning

  • Zoning: POR

Geography

  • Assessors Map Reference: TAX MAP 21
  • District: 32
  • Parcel: 32 00187-0000-00001
  • Block: 187
  • Lot: 1
  • Municipality: RANDOLPH TWP
  • Latitude: 40.8795
  • Longitude: -74.5404

    Address

  • Full Address: 158 S Salem St
  • Address - House Number: 158
  • Street Direction: S
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Randolph
  • Carrier Code: C028
  • 4-Digit Zip Code: 1624
  • Zip Code: 07869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $37,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: ALLY CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 26, 2051

    Market Valuation

  • Market Total Value: $1,528,308
  • Market Land Value: $825,375
  • Market Improvement Value: $702,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,344,300
  • Assessed Land Value: $726,000
  • Assessed Improvements Value: $618,300

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11827730892
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021007351

    Last Sale Mortgage

  • First Mortgage Lender: ALLY CAPITAL CORP
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Morris



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Frequently Asked Questions

What neighborhood is 158 South Salem Street located in?
The 158 South Salem Street is a located in the neighborhood of Morris in Morris, Randolph.
What is the average sales price for listings in 158 South Salem Street?
The average sales price for units in 158 South Salem Street is $0 currently.

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