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3 Walnut Street

3 Walnut Street, Salem, NJ 08079
Property in Salem
3 Walnut Street in Salem, NJ was first built in 1940 and is 84 years old. This has been categorized as a commercial property type. The linear feet across the front of the lot is 430 ft and the linear feet between the front and back of the lot is 910. In total, the area measurement of the land is 3,912 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of brick. 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, 3 Walnut Street was last sold in Oct 18, 2002 for $230,000. Prior to that sales transaction, the property was sold for $60,000 in Nov 15, 1999. Current property owners are expected to pay $8,975 in taxes per year. The property on 3 Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $119,400. To break that down further, the land itself was valued at $18,200. While improvements to the property were assessed at a total of $101,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,912
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 430
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.09
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : SINGH AMARJIT
  • Previous Owner : PARMAR SURJIT
  • Previous Owner 2: PARMAR GURMUKH S
  • Owner Before Previous Owner: L & J MARKET INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salem City School District
  • Census Tract: 021202

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 13
  • Parcel: 13 00061-0000-00017
  • Block: 61
  • Lot: 17
  • Municipality: SALEM CITY
  • Latitude: 39.571
  • Longitude: -75.4663

    Address

  • Full Address: 3 Walnut St
  • Address - House Number: 3
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Salem
  • Zip Code: 08079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,975

    Market Valuation

  • Market Total Value: $119,400
  • Market Land Value: $18,200
  • Market Improvement Value: $101,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,400
  • Assessed Land Value: $18,200
  • Assessed Improvements Value: $101,200

    Sales

  • Current Sale Contract Date: Oct 18, 2002
  • Current Sale Recording Date: Oct 21, 2002
  • Current Sale Transaction ID: 1103435655
  • Current Sale Price: $230,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 057389
  • Previous Sale Recording Date: Nov 16, 1999
  • Previous Sale Contract Date: Nov 15, 1999
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SURJIT PARMAR
  • First Mortgage Transaction Date: Oct 21, 2002
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Oct 18, 2012

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS NATL BANK
  • Previous Mortgage Transaction Date: Nov 16, 1999
  • Previous Mortgage Loan Amount: $35,000

About Salem



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Nearby Rentals

Unit for rent at 27 Yorke St, SALEM, NJ, 08079

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
27 Yorke St, SALEM, NJ, 08079 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 3 Walnut Street located in?
The 3 Walnut Street is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 3 Walnut Street?
The average sales price for units in 3 Walnut Street is $0 currently.

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