See Home Value
Salem 08079
88 SILVER LAKE RD
$660,000
● House - Off Market

88 SILVER LAKE RD

SALEM, NJ 08079
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$3,290
Est. Monthly

About This Property

Step into unparalleled tranquility with this remarkable 2,100 sq ft home, beautifully situated on nearly 30 acres of actively farmed land in Lower Alloways Creek, NJ. With incredibly low taxes and meticulously maintained grounds, this property offers a unique blend of rural charm and modern luxury.

Inside, you'll discover 3 spacious bedrooms and 2 well-appointed bathrooms, including a primary suite that features a jetted tub-perfect for soaking away the stresses of the day. The home has been thoughtfully updated with new flooring throughout, adding a fresh and contemporary feel.

The heart of this home is the expansive living area, where an oversized living room flows seamlessly into an open gourmet kitchen. Outfitted with stainless steel appliances, this space is perfect for entertaining and daily living alike. The enclosed four-season sunroom provides a cozy retreat, offering year-round enjoyment of the serene surroundings.

The property is not only beautiful but also practical, featuring a whole-house generator and leased solar panels at an affordable $122 per month. An attached two-car garage with extra-high ceilings offers convenience, while two additional detached garages provide ample storage or workspace.

This versatile land includes a portion that is currently farmed, as well as a well-stocked wooded area for your outdoor adventures. The seller has taken the extra steps to ensure a smooth transition, providing recent certifications for the well, termite inspection, and septic system.

Adding to its allure, this property is ideally located less than 30 minutes from Delaware, 45 minutes from Philadelphia International Airport, and approximately 1 hour from the NJ shore, making it the perfect balance of seclusion and accessibility.

Don't miss this rare opportunity to own a piece of paradise-schedule your private tour today! Make sure to watch the video tour.
Unit Size
2,100 Ft²
Days on Market
51 days
Land Size
29.86 acres
Price per sqft
$319
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (Bright MLS #NJSA2012074)

Price History

Date / Event Date Event Price
Dec 6, 2024 Sold
Sold
Oct 9, 2024 In contract -
In contract
Aug 26, 2024 Listed by EXP Realty, LLC $669,900
Listed by EXP Realty, LLC
Jun 12, 2024 Sold
Sold
Apr 20, 2024 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: 3A

Neighborhood

  • School District Name: Lower Alloways Creek Township School District
  • Census Tract: 022201

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 05
  • Parcel: 05 00037-0000-00004- 01
  • Block: 37
  • Lot: 4.01
  • Municipality: LOWER ALLOWAY CREEK TWP
  • Latitude: 39.4799
  • Longitude: -75.4342

    Address

  • Full Address: 88 Silver Lake Rd
  • Address - House Number: 88
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Salem
  • Carrier Code: R015
  • 4-Digit Zip Code: 9430
  • Zip Code: 08079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $268,441

    Appraisal Valuation

  • Standard Deviation: 0.2697
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 330,376
  • High Value: 419,504
  • Low Value: 241,247

    Market Valuation

  • Market Total Value: $165,500
  • Market Land Value: $25,000
  • Market Improvement Value: $140,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,500
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $140,500
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salem


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Frequently Asked Questions

When was property at 88 Silver Lake Road built and last sold?
The property at 88 Silver Lake Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 88 Silver Lake Road is $0.
What are some comparable homes to 88 Silver Lake Road?
There are currently no comparable homes to 88 Silver Lake Road.