Is a car needed in Salem, NJ?

As of early 2025, 83% of users say car is needed

Are yards well-kept in Salem, NJ?

As of early 2025, 78% of users say yards are well-kept

Does Salem, NJ have sidewalks?

As of early 2025, 74% of users say there are sidewalks

Is parking easy in Salem, NJ?

As of early 2025, 70% of users say parking is easy

Is Salem, NJ dog-friendly?

As of early 2025, 65% of users say it's dog friendly

Do kids play outside in Salem, NJ?

As of early 2025, 65% of users say kids play outside

Does Salem, NJ show holiday spirit?

As of early 2025, 64% of users say there's holiday spirit

Are neighbors friendly in Salem, NJ?

As of early 2025, 59% of users say neighbors are friendly

Is there wildlife in Salem, NJ?

As of early 2025, 54% of users say there's wildlife

Is Salem, NJ walkable to restaurants?

As of early 2025, 53% of users say it's walkable to restaurants

As of early 2025, 48% of users say it's quiet

Are the streets well-lit in Salem, NJ?

As of early 2025, 41% of users say streets are well-lit

Are there community events in Salem, NJ?

As of early 2025, 36% of users say there are community events

Would people walk alone at night in Salem, NJ?

As of early 2025, 35% of users say people would walk alone at night

Do residents of Salem, NJ plan to stay at least 5 years?

As of early 2025, 32% of users say they plan to stay for at least 5 years

Is Salem, NJ walkable to grocery stores?

As of early 2025, 18% of users say it's walkable to grocery stores

PENDING

297 Pearl St
Salem, NJ 08079

5 Beds
2,444 sqft

$200,000

Est. Mortgage $1,518/mo*

Get Pre-Qualified

$200,000

Est. Mortgage $1,518/mo*

Get Pre-Qualified

5 Beds

2,444 sqft

Local Information

-- mins to

Commute Destination

Description

Income-Producing Duplex in Salem, NJ! Great investment opportunity! This fully occupied duplex in Salem, NJ, offers steady rental income with long-term tenants already in place. The property features one 3-bedroom, 1-bathroom unit downstairs and one 2-bedroom, 1-bathroom unit upstairs, providing versatility and strong rental potential. Both units are well-maintained, offering comfortable living spaces for tenants. This property is ideal for investors looking to expand their portfolio with a reliable income-producing asset.

Home Highlights

Parking

3 Open Spaces

Outdoor

No Info

A/C

Heating & Cooling

HOA

None

Price/Sqft

$82

Listed

176 days ago

Home Details for 297 Pearl St

Interior Features
Interior Details Number of Rooms: 1Types of Rooms: Basement
Beds & Baths Number of Bedrooms: 5
Dimensions and Layout Living Area: 2444 Square Feet
Appliances & Utilities Appliances: Electric Water Heater
Heating & Cooling Heating: Heat Pump,Natural GasHas CoolingAir Conditioning: Window Unit(s),ElectricHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa No FireplaceNo Spa
Gas & Electric Electric: 100 Amp Service, Circuit Breakers
Windows, Doors, Floors & Walls Flooring: Wood, Carpet
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Wood, Carpet
View No View
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features
Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: BlockNo Private Pool
Parking & Garage Open Parking Spaces: 3No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: On Street,Driveway
Pool Pool: None
Frontage Not on Waterfront
Water & Sewer Sewer: Public Sewer

Days on Market
Days on Market: 176

Property Information
Year Built Year Built: 1910
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Twin/Semi-DetachedArchitecture: Traditional
Building Construction Materials: FrameNot a New Construction
Property Information Not Included in Sale: Tenants Personal PropertyIncluded in Sale: All Existing AppliancesParcel Number: 130002400012

Price & Status
Price List Price: $200,000Price Per Sqft: $82
Status Change & Dates Off Market Date: Tue Jun 10 2025Possession Timing: Immediate, Other

Active Status
MLS Status: PENDING

Location
Direction & Address City: SALEM
School Information Elementary School District: Salem City SchoolsJr High / Middle School District: Salem City SchoolsHigh School District: Salem City Schools

Agent Information
Listing Agent Listing ID: NJSA2014016

Building
Building Area Building Area: 2444 Square Feet

Lot Information
Lot Area: 8616 sqft

Listing Info
Special Conditions: Standard

Offer
Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional

Business
Business Information Ownership: Fee Simple

Miscellaneous
Mls Number: NJSA2014016Municipality: SALEM CITY

Last check for updates: about 6 hours ago

Listing courtesy of Joe Polidoro, (856) 357-1436

Society

Source: Bright MLS, MLS#NJSA2014016

Price History for 297 Pearl St

Date	Price	Event	Source
06/11/2025	$200,000	Pending	Bright MLS #NJSA2014016

04/28/2025	$200,000	ListingRemoved	Bright MLS #NJSA2014016

03/22/2025	$200,000	Pending	Bright MLS #NJSA2014016

03/05/2025	$200,000	Listed For Sale	Bright MLS #NJSA2014016

03/04/2025	$130,000	Sold	N/A
Recording Date 03/04/2025 Contract Date 02/28/2025 County Transfer Tax N/A Total Transfer Tax $5
10/30/2014	$40,500	Sold	N/A
Recording Date 10/30/2014 Contract Date 10/28/2014 County Transfer Tax N/A Total Transfer Tax $162

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Property Taxes and Assessment

Year	2024
Tax	$4,037
Assessment	$49,100

Home facts updated by county records

Comparable Sales for 297 Pearl St

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
293 Pearl St, Salem, NJ	0.01	Multi-Family Home	$210,000	06/26/25	4	2	1,792
127 7th St, Salem, NJ	0.18	Multi-Family Home	$170,000	05/30/25	5	2	2,482
91 7th St, Salem, NJ	0.16	Multi-Family Home	$142,000	02/21/25	4	2	1,809
190 7th St, Salem, NJ	0.27	Multi-Family Home	$130,000	11/08/24	3	-	2,720
230 Grant St #232, Salem, NJ	0.20	Multi-Family Home	$220,000	12/18/24	5	-	3,170
339 Broadway #341, Salem, NJ	0.49	Multi-Family Home	$130,000	02/07/25	5	2	2,289
326 E Broadway, Salem, NJ	0.44	Multi-Family Home	$130,000	04/18/25	4	-	2,544

Assigned Schools

These are the assigned schools for 297 Pearl St.

GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Salem

At least 72 Trulia users voted on each feature.

83%
Car is needed
78%
Yards are well-kept
74%
There are sidewalks
70%
Parking is easy
65%
It's dog friendly
65%
Kids play outside
64%
There's holiday spirit
59%
Neighbors are friendly
54%
There's wildlife
53%
It's walkable to restaurants
48%
It's quiet
41%
Streets are well-lit
36%
There are community events
35%
People would walk alone at night
32%
They plan to stay for at least 5 years
18%
It's walkable to grocery stores

Learn more about our methodology.

Angelashockley56
Resident
4y ago
"None anymore it's a small town with a lot of violence crime.There's no grocery store you need a vehicle to go to the mall or any other department store."
11
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Angelashockley56
Resident
4y ago
"There are buses my city is small so it's not far to walk to a bus that comes each way every 25 30min."
5
Flag
Kiersten H.
Resident
5y ago
"I know all the dogs in my area, when one gets out of the yard anyone who is available to help joins in. I’ve personally returned neighbors dogs that wandered in my yard to play with my dog. There are allot of sidewalks, most maintained, some not. There’s also allot of areas of nature walks to check out"
10
Flag
Jefferson B.
Resident
5y ago
"Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
25
Flag
Kiersten H.
Resident
5y ago
"We have lived here for 3 years now. We love the neighbors, the city is getting rid of the bad seeds in town and allot of great people are coming in. So much history and new businesses are popping up, soul food, distilleries, little shops. Great place! "
10
Flag
Kiersten H.
Resident
5y ago
"On 8th street there is a strong sense of community, we all know each other and we are all interested in the rich history and development of the city. Low taxes and great neighbors, as a PhD student at Rutgers I feel welcome as a homeowner in the area. I highly recommend. "
5
Flag
Kiersten H.
Resident
5y ago
"My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
5
Flag
Orlando M.
Resident
6y ago
"People usually got the dogs in cages They do not pick up after the dogs they do not care after their dogs they have their dogs always locked up in cages"
2
Flag
shorty
Prev. Resident
6y ago
"Chestnut Terrace is similar to living in Elsinboro. Quiet, safe, and good neighbors. Great place for walks and bike rides with no traffic. Inexpensive taxes with a beautiful home! School choice is available."
3
Flag
Linda S.
11y ago
"It is a true shame what this area of town has become... I grew up in 266 Sinnickson St and the area was wonderful back in those days... If the area was cleaned up from crime, etc. than I would actually think about living there again... I do have many fond memories of this home... "
12
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LGBTQ Local Legal Protections

Additional Cost

Joe Polidoro, Society

Agent Phone: (856) 357-1436

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 2025 Bright MLS, Inc. Click here for more information

297 Pearl St, Salem, NJ 08079 is a 5 bedroom, 2,444 sqft multi-family built in 1910. This property is currently available for sale and was listed by Bright MLS on Jun 11, 2025. The MLS # for this home is MLS# NJSA2014016.

297 Pearl St
Salem, NJ 08079

$200,000

$200,000

Local Information