$116,000
●
House -
Off Market
41 UNION ST
SALEM, NJ 08079
2 Beds
1 Bath
$113,250
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
This newly renovated 2 bedroom home is waiting for its new owner.
With vnyly plank flooring throughout. Hughe bay window to offer
natural light in the living room. Recessed lighting in the eat in
kitchen and living room. This home also features a full basement
with bilco doors, front and rear porch, garage and a partially
fenced yard. Come see this home today and make it yours.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1930
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (Bright MLS #NJSA2005670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by S. Kelly Real Estate LLC | $109,900 | |
| Listed by S. Kelly Real Estate LLC | |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by American Dream Realty of South Jersey | $18,000 | |
| Listed by American Dream Realty of South Jersey | |||
| | |||
|
BACK ON THE MARKET. 2 bed 1 bath home in Salem City. Great price! Living room, kitchen 2 beds 1 bath. Large Shed out back. Don't miss this one. H U D Home. Sold AS IS by elec. bid only. Prop avail 03-20-20. Bids due daily by 11:59 PM Central Time until sold. FHA Case #351-488744. Insured w Escrow Rpr. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore dot com. For additional forms, updates, step-by-step videos & free photo lists, please visit BLBResources dot com. BLB Resources makes no warranty as to condition of property. Buyers to verify all info. Per FHA Appraiser home was built in 1910 and square footage is 904.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salem
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Erika Gandy
S. Kelly Real Estate LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJSA2005670
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.
S. Kelly Real Estate LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJSA2005670
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017