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Farm (Irrigated Or Dry)Agriculture / Farming
$372,462$167 / 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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jun 25, 2026
Last sold for $180,000 on May 20, 2016

394 ROUTE 40

ELMER, NJ 08318
0
Baths
2,232 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.
1 ac
Lot SizeThe size of the land the home sits on, from county records.
1890
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$372K
$354K low$391K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$180,000 · May 20, 2016
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.$372,462
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$297,970

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,196 (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.$196,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$54,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$142,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$200,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$196,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Farm (Irrigated Or Dry)
CountySALEM
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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 · 3.1 mi
H
Woodstown High SchoolC-
High · Grades 9–12 · 9.5 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.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

394 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 more than 76% of homes in Salem County
  • Costs less per square foot than 76% of homes in Elmer 08318
  • Bigger than 82% of homes in Salem County
  • Has a bigger lot than 73% of homes in Salem County
  • Older than 96% 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 64% 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$372,462
CheaperTypical $326,928Pricier

Pricier than 64% of homes nearby

Price per ft²$167
CheaperTypical $200Pricier

Pricier than 24% of homes nearby

Living area2,232 ft²
SmallerTypical 1,663 ft²Bigger

Bigger than 78% of homes nearby

Lot size1 ac
SmallerTypical 1.1 acBigger

Bigger than 47% of homes nearby

Year built1890
OlderTypical 1975Newer

Newer than 4% of homes nearby

How 394 Route 40 ranks against every home in each area.
MeasureThis homeElmer 08318Salem County
Estimated valuepricier than$372,46264% of homes76% of homes
Price per ft²pricier than$16724% of homes31% of homes
Living areabigger than2,232 ft²78% of homes82% of homes
Lot sizebigger than1 ac47% of homes73% of homes
Year builtnewer than18904% of homes6% of homes

About 394 Route 40

How much is 394 Route 40, Elmer, NJ worth?

The TopHap Estimate for 394 Route 40, Elmer, NJ is $372,462 as of Jun 25, 2026. The likely range is $354,321 to $390,603. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 394 Route 40, Elmer, NJ last sell?

394 Route 40, Elmer, NJ last sold on May 20, 2016 for $180,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

When was 394 Route 40, Elmer, NJ built?

394 Route 40, Elmer, NJ was built in 1890, making it 136 years old. The building has 2 stories.

What schools serve 394 Route 40, Elmer, NJ?

394 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 394 Route 40, Elmer, NJ compare to other homes in Elmer 08318?

Among the 3,606 homes in Elmer 08318, it is worth more than 64% of them ($372,462 against a typical $326,928), its price per square foot is higher than 24% of them ($167 against a typical $200), it is bigger than 78% of them (2,232 ft² against a typical 1,663 ft²), its lot is bigger than 47% of them (1 ac against a typical 1.1 ac) and it is newer than 4% of them (1890 against a typical 1975). Measured against all of Salem County, it is worth more than 76% 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 394 Route 40, Elmer, NJ?

The 2025 property tax bill for 394 Route 40, Elmer, NJ was $6,196. The county assessed it at $196,400.

Closest homes

More homes in Elmer 08318

Assigned schools

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