5 Olive St, Salem, NJ 08079
SOLD
FEB 17, 2026

$125,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 884 sqft

5 Olive St, Salem, NJ 08079

Est. Refi. Payment $985/mo*
Refinance Your Home
Currently Off Market - Sold Feb 17, 2026 for $105,000 (5% below list price)

Home Value

Trulia Estimate
$126K
Since last month
Increased$16K (+15.1%)
Since last year
Increased$4K (+3.2%)
Since last sale
Increased$19K (+18.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +405% in the last 10 years
MonthEstimated value
2026
August 2026$124K
July 2026$108K
June 2026$108K
May 2026$109K
April 2026$109K
March 2026$106K
February 2026$105K
January 2026$108K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
24 Elm St, Salem, NJ
0.17
Single-Family Home
$65,000
02/22/26
3
1
1,044
284 Morrison Ave, Salem, NJ
0.23
Single-Family Home
$155,000
05/29/26
3
1
1,176
112 8th St, Salem, NJ
0.41
Single-Family Home
$80,000
09/30/25
2
1
1,204
110 8th St, Salem, NJ
0.41
Single-Family Home
$80,000
09/25/25
2
1
1,204
103 Hubbell Ave, Salem, NJ
0.49
Single-Family Home
$138,000
11/26/25
2
1
920
286 Morrison Ave, Salem, NJ
0.23
Single-Family Home
$35,000
05/29/26
2
1
1,176
219 Wesley St, Salem, NJ
0.15
Single-Family Home
$125,000
06/11/26
3
2
1,499
229 Sinnickson St, Salem, NJ
0.14
Single-Family Home
$105,000
11/25/25
3
1
888

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
16 Olive St, Salem, NJ 08079
0.05
$143,800
3
1
1,608
Off Market
19 Olive St, Salem, NJ 08079
0.06
$169,800
3
2
2,529
Off Market
6 Olive St, Salem, NJ 08079
0.03
$150,000
3
2
1,760
Recently Sold
26 Olive St, Salem, NJ 08079
0.08
$200,000
4
1
2,164
Recently Sold
32 Olive St #4, Salem, NJ 08079
0.09
$99,900
6
-
3,140
Recently Sold
311 E Broadway, Salem, NJ 08079
0.04
$102,900
2
1
1,168
Off Market
37 Olive St, Salem, NJ 08079
0.12
$140,000
3
1
1,646
For Sale
312 E Broadway, Salem, NJ 08079
0.07
$345,600
6
-
4,362
Off Market
349 E Broadway, Salem, NJ 08079
0.10
$214,100
5
2
2,348
Off Market
339 Broadway #341, Salem, NJ 08079
0.09
$148,200
5
2
2,289
Off Market
235 Sinnickson St, Salem, NJ 08079
0.13
$85,000
2
1
1,156
For Sale

Local Information

  • Map ViewExplore the area around 5 Olive St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Living Area
884 sqft
Price/Sqft
$119/sqft
Parking
Open Parking

About this House

**Motivated Seller** Investor's Dream – Immediate Income with Strong ROI! Welcome to 5 Olive, a fully rented and well-maintained single-family rental property offering strong monthly cash flow and minimal maintenance. This is a turnkey investment opportunity with cash-paying tenants already in place, making it perfect for both new and seasoned investors. *New Furnace • Mini-Split A/C System Added • New floors + Fresh Paint • Newer Roof – No major capital improvements needed This property is ideal for buy-and-hold investors looking for a low-risk, income-producing asset. The home is in solid condition, with updated mechanicals and consistent rental income, offering hassle-free ownership. With a tenant already in place, you’ll start seeing returns immediately. Contact Listing agent to schedule your showing today!
5 Olive St, Salem, NJ 08079 is a 2 bedroom, 1 bathroom, 884 sqft single-family home built in 1920. It last sold for $105,000 on Feb 17, 2026 (5% below the $110,000 asking price). More recently, it was listed as a rental in September 2023 with an asking price of $1,470 per month. That rental listing was removed on November 7, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $125,600, with a rent estimate of $1,475/month.
Last check for updates: about 3 hours ago
Listed by Christine Boysen, (609) 670-5109
Vylla Home
Bought with: Daniel Vasapollo, (856) 426-6474, Keller Williams - Main Street
Source: Bright MLS, MLS#NJSA2016204

Home Details for 5 Olive St

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 884 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ductless,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: BlockNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 884 Square Feet

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Colonial
Building
Construction Materials: FrameNot a New Construction
Property Information
Not Included in Sale: Tenants Personal PropertyIncluded in Sale: All Appliances As-isParcel Number: 130006500032

Price & Status

Price
List Price: $110,000Price Per Sqft: $119/sqft
Status Change & Dates
Off Market Date: Thu Feb 26 2026Possession Timing: Close Of Escrow, Rental Agreement

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: SALEMCommunity: None Available
School Information
Elementary School District: Salem City SchoolsJr High / Middle School District: Salem City SchoolsHigh School District: Salem City Schools

Building

Building Area
Building Area: 884 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 2448 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Conventional, Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: NJSA2016204Municipality: SALEM CITYAbove Grade Unfinished Area: 884

Price and Tax history

DateEventPrice
Feb 17, 2026
Source: Bright MLS #NJSA2016204
Sold
$105,000
Feb 6, 2026
Source: Bright MLS #NJSA2016204
Pending
$110,000
Jan 8, 2026
Source: Bright MLS #NJSA2016204
PriceChange
$110,000
Price decreased by 4%
Sep 8, 2025
Source: Bright MLS #NJSA2016204
Listed For Sale
$115,000
Jun 18, 2024
Source: Bright MLS #NJSA2009190
Sold
$112,098

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
65

Around this home

What Locals Say about Salem

At least 73 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 78 % Say yards are well-kept

  • 73 % Say there are sidewalks

  • 71 % Say parking is easy

  • 65 % Say it's dog friendly

  • 65 % Say kids play outside

  • 64 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 54 % Say there's wildlife

  • 53 % Say it's walkable to restaurants

  • 48 % Say it's quiet

  • 41 % Say streets are well-lit

  • 36 % Say there are community events

  • 34 % Say people would walk alone at night

  • 32 % Say they plan to stay for at least 5 years

  • 18 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Kayana Benson
    "My neighbors, are very friendly, they are some great helpful people but you have to be careful who you surround yourself and tell business too, overall salem is a small community in everybody just trying to do the same thing in that’s living day by day."
    1
    Flag
  • Peggy Brown
    "I don’t know of any events that were held that would make me say that my neighborhood special st all."
    0
    Flag
  • Famgoon Chop
    "The town is horrible no shopping store nothing ! In it’s also very dangerous . In a bad environment to raise kids "
    0
    Flag
  • Angelashockley56
    "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."
    13
    Flag
  • Angelashockley56
    "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.
    "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.
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
    26
    Flag
  • Kiersten H.
    "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.
    "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.
    "My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
    5
    Flag
  • Waynelipk0
    "Quaint little "shore" feeling town. No businesses so you have to drive to get anything. neighbors are all friendly. "
    0
    Flag
  • Orlando M.
    "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
  • Puniboy
    "i live along the main highway where there are no sidewalks. getting anywhere requires driving. people tend to use the shoulder of the road to pass vehicles turning in the opposite direction"
    0
    Flag
  • shorty
    "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
  • Puniboy
    "Quinton Township School is great! The few restaurants we do have are awesome! The community is very welcoming and very hospitable. "
    0
    Flag
  • Patrick M.
    "There is no public transportation. There is only one stoplight in town. There is little traffic. I do not know what else they want me to say about the non-existent traffic in this small town."
    0
    Flag
  • Adeadfaith
    "Country living. Everything is very spread out. Neighbors are friendly. Biggest flaw is there is no grocery store. Safe neighborhood tho. "
    0
    Flag
  • Nicolereiter7
    "My neighborhood is quiet and private. There a few small country stores near by for the essentials and just enough local eateries to keep it interesting. We are just far enough from the bridges to be convenient."
    0
    Flag
  • Nicolereiter7
    "I have not lived in Mannington Township however love the area. It is great mix of open land and little neighborhoods. "
    0
    Flag
  • Linda S.
    "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
    Flag
  • spacepotato44
    "In 15 months I will live here and it is good. It has been 6 seconds and I still like this place :)))"
    0
    Flag

LGBTQ Local Legal Protections

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 2026 Bright MLS, Inc. Click here for more information

Frequently asked questions about 5 Olive St

  • What is 5 Olive St estimated to be worth?
    Trulia's estimated value for 5 Olive St in Salem, NJ is $125,600.
  • What is the price history for 5 Olive St?
    5 Olive St in Salem, NJ last sold for $105,000 in February 2026.
  • Is Salem a buyer's or seller's market?
    Salem is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Salem?
    Residents describe Salem, NJ as well-kept, pedestrian-friendly, and easy to park in. See recently sold homes in Salem, NJ.
  • Does 5 Olive St have air conditioning?
    Yes, 5 Olive St in Salem, NJ has air conditioning.
  • How big is the lot at 5 Olive St?
    The lot at 5 Olive St in Salem, NJ is about 0.06 acres (2,448 sq ft).

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