84 Thompson St, Salem, NJ 08079
OFF MARKET

84 Thompson St
Salem, NJ 08079

  • Studio
  • 1,266 sqft
Studio
1,266 sqft

Local Information

  • Map ViewExplore the area around 84 Thompson St.
  • Schools1 Preschool School1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Description

84 Thompson Street Salem NJ 08079
1266 Sq Ft
1/2 Duplex

ASKING - $15,000.00

Comparable Sales: Other 4+ Bed Properties

1 Meadowside Lane Salem NJ 08079 - Sold for $115,000.00 - $82.56 Price per Sq Ft

169 Cook Ave Salem NJ 08079 - Sold for $142,000.00 - $94.86 Price per Sq Ft

200 Pine Ave Salem NJ 08079 - Sold for $135,000.00 - $102.43 Price per Sq Ft

 AVG PPSF: $93.28



Flip Profit:

After Repair Value Calculations:

$93.28 X Sq Ft 1266 = After Repair Value of $118,092.48

 Repairs:

 Full Gut - $70K - $80k


Potential Flip Profit:

$118K ARV Minus $80k Repairs Minus Closing Costs $10k = $28K



$28k Minus $15k Acquisitions = $13k Profit on a Flip!





Landlord Profit:

Expenses Per Month:



Taxes - $159/Mo (Annual -$1,909)

Insurance - $125/Mo (Annual - $1,500)

Maintenance @ 8%/Year of Gross Rents - $112/Mo (Annual -$1,344)



Revenue per Month:



Rent: $1400

Minus Mortgage After Refi- $800



Profit: $600/Mo (Annual - $7,200)


84 Thompson St, Salem, NJ 08079 is a studio, 1,266 sqft single-family home built in 1880. It is currently off market. The Trulia Estimate rent is $1,823/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 84 Thompson St

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2748 sqft

Price History for 84 Thompson St

DatePriceEventSource
09/06/2022ListingRemovedN/A
06/25/2022$15,000Listed For SaleN/A

Market trends in Salem

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
64
5MoM
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Property Tax and Assessment

Year2025
Tax$2,162
Assessment$26,300
Home facts updated by county records

Comparable Sales for 84 Thompson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
319 Salem Hancocks Bridge Rd, Salem, NJ
1.30
Single-Family Home
$235,000
07/14/25
2
1
899
6 Main St, Hancocks Bridge, NJ
1.69
Single-Family Home
$310,000
06/03/26
3
2
1,607
60 New Bridge Rd, Salem, NJ
1.34
Single-Family Home
$275,000
01/20/26
3
2
1,402
138 Robinson Rd, Salem, NJ
1.16
Single-Family Home
$110,000
10/21/25
5
1
2,388
419 Salem Hancocks Bridge Rd, Salem, NJ
1.29
Single-Family Home
$41,533
06/10/26
-
792
56 Main St, Hancocks Bridge, NJ
1.78
Single-Family Home
$280,000
04/24/26
3
1
1,342
124 Hagersville Rd, Salem, NJ
1.51
Single-Family Home
$315,000
05/29/26
3
2
1,512
16 New St, Hancocks Bridge, NJ
1.60
Single-Family Home
$292,000
05/25/26
3
1
1,160
41 New Bridge Rd, Salem, NJ
1.48
Single-Family Home
$78,000
12/31/25
-
1,318
31 2nd St, Hancocks Bridge, NJ
1.69
Single-Family Home
$302,000
04/21/26
-
1,404

Nearby homes

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Assigned Schools

These are the assigned schools for 84 Thompson St.

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."
    0
    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

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Explore by feature - Pet Friendly

14 pet-friendly rentals in Salem, NJ

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17 rentals with air conditioning in Salem, NJ

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Homes for sale near 84 Thompson St

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Off Market Homes Near 84 Thompson St

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