During the week of December 15 to 21, 2023, a total of 23 residential properties were sold in Salem County, New Jersey. This period saw a diverse range of transactions, highlighting the ongoing activity in the local real estate market.
The most notable sale was a property on Quaker Road in Pennsville, which measured 1,536 square feet and sold for $295,000. This sale reflects the median price point for the area during this week. Other significant transactions included a property at 568 Route 49 in Bridgeton, which sold for $160,000, covering 1,652 square feet, equating to $97 per square foot.
The sales continued with a property located at 210 Chestnut Street in Elmer, fetching $105,000 for 1,456 square feet, at $72 per square foot. In Pedricktown, a residence at 48 South Railroad Avenue sold for $245,000, measuring 1,010 square feet, which breaks down to $243 per square foot.
Several other noteworthy transactions occurred in Penns Grove, where multiple properties changed hands. A home located at 280 Regional Drive was sold for $166,500 and encompassed 1,705 square feet, representing a price of $98 per square foot. Another notable sale in the same area was at 287 B Street, which went for $209,000, covering 1,064 square feet, or $196 per square foot.
In Pennsville, the real estate activity was robust, featuring sales such as 10 East Dartmouth Road at $145,000 for 1,438 square feet, and 43 Enlow Place, which sold for $430,000 with a size of 2,268 square feet. The highest sale of the week came from 88 Church Landing Road, a property that sold for $599,900, boasting 2,543 square feet, amounting to $236 per square foot.
Other transactions included a home at 302 Fenwick Road in Pilesgrove, which sold for $410,000 for 1,648 square feet and a property at 15 Magnolia Court in Woodstown, which fetched $345,000 for 1,488 square feet.
As the local real estate market continues to demonstrate resilience, these transactions from December 15 to 21 provide a snapshot of the evolving landscape in Salem County. The diverse range of properties sold indicates an active market catering to various buyer needs.
