52 MARKET ST Salem, NJ 08079
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $47
Subdivision None Available
MLS Listing ID NJSA2017382
Style Colonial
Bedrooms 7
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 3,135
Year Built 1900
Annual Tax Amount $5,306
Tax Year 2025
Lot Size 0.342 Acres
Acres 0.34
Lot Dimensions 45.00 x 331.00
Property Sub-Type Detached
Source BRIGHT
Property Description
The home requires renovations and is being sold strictly as-is. The seller has priced it accordingly and will make no repairs. As you arrive, the brick front sidewalk guides you to the covered front porch, showcasing original architectural woodwork—truly a beautiful, inviting space perfect for your morning coffee. Imagine how this magnificent home once stood among the grand historic residences lining the street. Step through the front doors into a dramatic entry foyer featuring 10-foot ceilings, inlaid hardwood floors, stunning original staircase and railing leading to the 2nd and 3rd floors, original trim work throughout, transom window above the double doors opening into the living room and a convenient powder room. The living room continues the rich historical detailing with Inlaid hardwood floors, 10-foot ceilings, original crown molding, a beautiful ceiling medallion, and French door access to the main hallway with a bay window bump-out. The first floor also includes a first-floor bedroom with inlaid hardwood flooring, huge hallway walk-in closet, home office featuring a brick fireplace, spacious family room and kitchen with oak-front cabinetry. The second level offers three very large bedrooms, two full baths, second kitchen with a private rear staircase. The home was previously used as an approved duplex, creating potential for multi-generational living, investment, or a single grand residence. Accessible by both the main staircase and a rear interior staircase, the third floor includes three additional potential bedrooms, perfect for expanding living space, guest rooms, studio areas, or storage. A unique bonus is the basement with brick flooring, housing the gas hot water heating boiler, hot water heater, electrical panel and walk-out access to the rear yard. The property sits on a deep 331-foot lot, offering tremendous possibilities for gardens, outdoor living spaces, or future improvements.
Located among Salem's most architecturally impressive homes and conveniently close to
Route 45, Route 49, Route 40, Easy access to Route 55 & Route 295, 40 minutes to Philadelphia,
20 minutes to Delaware and 60 minutes to the Jersey Shore. With vision and craftsmanship, this diamond in the rough could be transformed into a show-stopping historical masterpiece. Hurry—opportunities like this in historic Salem do not last long!
Location
State NJ
County Salem
Area Salem City (21713)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Bedroom 1, Office, Storage Room, Bedroom 6, Full Bath, Half Bath, Additional Bedroom
Basement Interior Access, Outside Entrance, Unfinished, Walkout Stairs
Main Level Bedrooms 1
Interior
Interior Features 2nd Kitchen, Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Walk-in Closet(s), Wood Floors
Hot Water Electric
Heating Hot Water, Radiator
Cooling Central A/C, Window Unit(s)
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Number 1
Fireplaces Type Brick, Wood
Inclusions Existing Appliances
Equipment Oven/Range - Electric, Refrigerator, Water Heater
Furnishings No
Fireplace Y
Window Features Wood Frame
Appliance Oven/Range - Electric, Refrigerator, Water Heater
Heat Source Natural Gas
Laundry Upper Floor
Exterior
Exterior Feature Porch(es), Screened
Garage Spaces 8.0
Fence Chain Link
Utilities Available Above Ground
Water Access N
Roof Type Pitched,Shingle
Street Surface Black Top
Accessibility None
Porch Porch(es), Screened
Road Frontage City/County
Total Parking Spaces 8
Garage N
Building
Lot Description Rear Yard, SideYard(s)
Story 3
Foundation Brick/Mortar
Above Ground Finished SqFt 3135
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
High Schools Salem H.S.
School District Salem City Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 13-00016-00017
Ownership Fee Simple
SqFt Source 3135
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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