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Single Family ResidenceResidential
$256,831$211 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

338 ROUTE 40

ELMER, NJ 08318
0
Baths
1,220 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$257K
$239K low$275K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$256,831
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$205,465

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,524 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$178,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$117,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$178,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$178,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.45
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
29
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
73
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
91
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
32
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Cape Cod
CountySALEM
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Upper Pittsgrove SchoolB+
Elementary · Grades PK–8 · 3.6 mi
H
Woodstown High SchoolC-
High · Grades 9–12 · 10.0 mi

District: Woodstown-Pilesgrove Regional School District

Neighborhood · ZIP 08318These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.48
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.62

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.12,838
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.159 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,847
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$111,573
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

338 Route 40 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 77% of homes in Elmer 08318
  • Costs more per square foot than 67% of homes in Salem County
  • Smaller than 78% of homes in Elmer 08318
  • Has a bigger lot than 89% of homes in Salem County
  • Older than 65% of homes in Elmer 08318

What homes are worth in Elmer 08318

Each bar is how many homes fall in that price range. The marker is this home.

This home
$155K$624K

This home is worth more than 23% of homes in Elmer 08318.

How it measures up in Elmer 08318

The dot is this home. The mark in the middle is the typical home in Elmer 08318.

Estimated value$256,831
CheaperTypical $326,928Pricier

Pricier than 23% of homes nearby

Price per ft²$211
CheaperTypical $200Pricier

Pricier than 59% of homes nearby

Living area1,220 ft²
SmallerTypical 1,663 ft²Bigger

Bigger than 22% of homes nearby

Lot size2.5 ac
SmallerTypical 1.1 acBigger

Bigger than 76% of homes nearby

Year built1960
OlderTypical 1975Newer

Newer than 35% of homes nearby

How 338 Route 40 ranks against every home in each area.
MeasureThis homeElmer 08318Salem County
Estimated valuepricier than$256,83123% of homes39% of homes
Price per ft²pricier than$21159% of homes67% of homes
Living areabigger than1,220 ft²22% of homes27% of homes
Lot sizebigger than2.5 ac76% of homes89% of homes
Year builtnewer than196035% of homes57% of homes

About 338 Route 40

How much is 338 Route 40, Elmer, NJ worth?

The TopHap Estimate for 338 Route 40, Elmer, NJ is $256,831 as of Jul 14, 2026. The likely range is $238,931 to $274,731. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 338 Route 40, Elmer, NJ last sell?

338 Route 40, Elmer, NJ last sold on Jan 1, 1900, according to the county's recorded deed.

When was 338 Route 40, Elmer, NJ built?

338 Route 40, Elmer, NJ was built in 1960, making it 66 years old. It is a cape cod home. The building has 1 story.

What schools serve 338 Route 40, Elmer, NJ?

338 Route 40, Elmer, NJ is assigned to Upper Pittsgrove School (elementary), rated B+; Woodstown High School (high), rated C-. All sit in Woodstown-Pilesgrove Regional School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 338 Route 40, Elmer, NJ compare to other homes in Elmer 08318?

Among the 3,606 homes in Elmer 08318, it is worth more than 23% of them ($256,831 against a typical $326,928), its price per square foot is higher than 59% of them ($211 against a typical $200), it is bigger than 22% of them (1,220 ft² against a typical 1,663 ft²), its lot is bigger than 76% of them (2.5 ac against a typical 1.1 ac) and it is newer than 35% of them (1960 against a typical 1975). Measured against all of Salem County, it is worth more than 39% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 338 Route 40, Elmer, NJ?

The 2025 property tax bill for 338 Route 40, Elmer, NJ was $5,524. The county assessed it at $178,300.

Closest homes

More homes in Elmer 08318

Assigned schools

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