$275,000
●
House -
Off Market
20 DELAWARE AVENUE
SALEM, NJ 08079
3 Beds
2 Baths
1,265 Ft²
$275,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Love living near the water? Boating & fishing? Here is the property
you've been waiting for! Freshly updated Cape Cod on a large lot
with a detached garage and a large pole barn located in the Oakwood
Beach neighborhood.... Just steps away from the Delaware River. This
charming 3 bedroom, 2 full bath home has a brand new septic system,
new propane gas heater & central air, new roof, has been
freshly painted, updated hardwood floors, kitchen granite
countertops and updated bathrooms. A lovely screened-in patio at
the rear where you can sit and enjoy your peaceful shady back yard.
Need extra storage, there's a full basement and the pole barn &
garage both have electric. Another wonderful perk of living in
Elsinboro Township is low taxes ($3252 for 2023) plus free curbside
trash & recycling removal. This house is not located in the FEMA
flood zone. Don't snooze on this one!
Unit Size
1,265 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$217
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1945
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 days ago (Bright MLS #NJSA2008330)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 31, 2023 | Price Decreased |
$275,000
↓ $15K
(5.2%) | |
| Price Decreased | |||
| Aug 31, 2023 | Price Increased |
$290,000
↑ $15K
(5.5%) | |
| Price Increased | |||
| Aug 3, 2023 | Listed by EXP Realty, LLC | $275,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Salem
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Listed by: Wendy Sparks
EXP Realty, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJSA2008330
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
EXP Realty, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJSA2008330
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017