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$349,900

Beds
3
Baths
3.5
sq ft
2,499

56 Davis Rd, Salem, NJ 08079

56 Davis Rd

SALEM, NJ 08079

  • 11 days on market
This lovely one-story rancher offers the perfect combination of comfort, convenience, and space! Featuring 3 spacious bedrooms and 3 full bathrooms, this home is ideal for families or those seeking one-level living. The expansive 2.5-acre lot provides ample outdoor space for gardening, entertaining, or simply enjoying the serene surroundings. The open floor plan includes a cozy living room, a well-appointed kitchen, and a dining area perfect for family gatherings. The master suite is a true retreat with a private bathroom and plenty of closet space. With two additional bedrooms and bathrooms, there’s room for everyone to enjoy their own space. Outside, the large yard offers endless possibilities—perfect for outdoor activities, gardening, or even adding a pool or workshop. Located in the peaceful and welcoming community of Salem, NJ, this property offers the tranquility of rural living while still being close to essential amenities. Don’t miss out on this unique opportunity to own a spacious, move-in-ready rancher with plenty of land! Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$313,595

Lot size

2.5 acres

Price per sq ft

$141

Year built

1994

Annual property taxes

$8,853

HOA

No

Price History

03/28/2025
Bright

Bright #NJSA2014248

Listed
$349,900
+366.53%
11/08/2019
Bright

Bright #NJSA134018

Sold
$75,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ALLOWAY TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$136,948
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$184,960
Cash to seller
$136,948

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$189,000

Est. remaining balance

$184,960

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Megan Carpenter

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 8:00 AM

Listing updated: 03/28/2025 at 12:01 PM

Listed by: Megan Carpenter, RE/MAX Affiliates Phone #: (215) 335-6900

MLS: Bright #NJSA2014248

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