Discover the incredible upside potential waiting inside this detached Salem rancher. Offering 3 well-sized bedrooms, 1 full bathroom, and a spacious living and dining area combo, the structural bones provide an effortless natural flow. The exterior features a newer roof and solid siding, meaning you can focus your renovation budget entirely on customizing the interior to your exact taste. Selling strictly as-is, this property is the perfect match for a savvy contractor or local portfolio builder looking for a solid foundation to generate premium rental income or future resale value. Conveniently located near major commuting routes and community schools. Properties with this much built-in equity do not last—bring your hammer and seize this project today!
Welcome to 24 Elm Street — an investor special and a great opportunity in the heart of Salem! This 3-bedroom, 1-bath home is being sold strictly as-is, making it ideal for investors or buyers looking for a value-add project with strong upside potential. The property offers a traditional, functional layout with comfortable living space and a natural flow throughout the main areas. It includes three well-sized bedrooms and a full bathroom, providing a solid foundation for renovation, rental income, or future resale potential. Located on a quiet residential street, the home is conveniently close to local schools, shopping, dining, and major roadways for easy commuting and everyday convenience. With its location and potential, this property is well-suited for those looking to renovate and build equity.
BRIGHT MLS #NJSA2018522
Apr 25, 2026
Listing Removed
—
Apr 24, 2026
Listed
$80,000
$77/sq ft
BRIGHT MLS #NJSA2017448
Feb 22, 2026
Sold
$65,000
$62/sq ft
Feb 2, 2026
Contingent
—
Dec 12, 2025
Listed
$78,000
$75/sq ft
TREND #6580818
Sep 7, 2015
Sold
$8,000
$8/sq ft
Aug 17, 2015
Pending
—
May 26, 2015
Listed
$9,500
$9/sq ft
BRIGHT MLS #1002611238
Sep 7, 2015
Sold
$8,000
$8/sq ft
Jul 10, 2015
Listing Removed
—
May 26, 2015
Listed
$9,500
$9/sq ft
BRIGHT MLS #1007334332
Jul 30, 2014
Listing Removed
—
Jan 30, 2014
Listed
$39,900
$38/sq ft
BRIGHT MLS #1009138794
Oct 22, 2010
Listing Removed
—
Aug 18, 2010
Listed
$69,800
$67/sq ft
BRIGHT MLS #NJSA103210
Sep 14, 2007
Sold
$55,000
$53/sq ft
Aug 31, 2007
Listing Removed
—
Dec 26, 2006
Listed
$55,000
$53/sq ft
Public Records
May 3, 2004
Sold
$45,200
$43/sq ft
BRIGHT MLS #NJSA126528
Mar 18, 2004
Listing Removed
—
Jul 7, 2003
Listed
$46,900
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,804 (+4.9%)
$7,700 + $24,800
$32,500
2024
$2,672 (+4.6%)
$7,700 + $24,800
$32,500
2023
$2,555 (+4.6%)
$7,700 + $24,800
$32,500
2022
$2,443 (+3.6%)
$7,700 + $24,800
$32,500
2021
$2,359 (+2.1%)
$7,700 + $24,800
$32,500
2020
$2,311 (+0.6%)
$7,700 + $24,800
$32,500
2019
$2,297 (+2.2%)
$7,700 + $24,800
$32,500
2018
$2,247 (+1.2%)
$7,700 + $24,800
$32,500
2017
$2,220 (−10.4%)
$7,700 + $24,800
$32,500
2016
$2,478 (+1.8%)
$7,700 + $24,800
$32,500
2014
$2,434 (+0.6%)
$16,100 + $47,200
$63,300
2013
$2,420 (+2.5%)
$16,100 + $47,200
$63,300
2012
$2,360 (+1.1%)
$16,100 + $47,200
$63,300
2011
$2,335 (+2.7%)
$16,100 + $47,200
$63,300
2010
$2,274 (+2.5%)
$16,100 + $47,200
$63,300
2009
$2,219
$16,100 + $47,200
$63,300
Public record
Beds
—
Baths
—
Stories
—
Lot width
30 ft.
Lot depth
120 ft.
Lot size
3,598 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,044
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,044
Year built
1938
Style
Single Family Residential
County
Salem County
APN
1300070 00013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Climate risks
6/10 Flood Factor
Estimated 49-59% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Salem, NJ • 08079
Average low and high temperatures (°F)
37
24
41
27
59
39
67
47
73
56
83
65
87
71
80
64
78
62
68
50
57
41
43
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Salem. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 24 Elm St
$66,417
$1,417 over list price of $65K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $35K to $250K.