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Single Family ResidenceResidential
$41,072$39 / 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 66How 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
Last sold for $25,000 on Jun 8, 2023

48 ROUTE 45

SALEM, NJ 08079
0
Baths
1,040 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1800
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$41K
$27K low$55K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$25,000 · Jun 8, 2023
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.$41,072
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$32,858

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,074 (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.$85,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$15,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$70,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$85,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$85,300

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.73%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

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
CountySALEM
Lot (acres)The size of the land the home sits on, from county records.0.15
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
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.

Foreclosure Filings(2)

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

H
Salem High SchoolC+
High · Grades 9–12 · 1.7 mi
E
Mannington Township Elementary SchoolA-
Elementary · Grades PK–8 · 2.5 mi

District: Salem City School District

Neighborhood · ZIP 08079These 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.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.69

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.11,815
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.97 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,065
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,876
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.44 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

48 Route 45 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.

  • Among the least valuable homes in Salem 08079
  • Among the lowest price per square foot in Salem County
  • Smaller than 85% of homes in Salem County
  • Has a smaller lot than 85% of homes in Salem County
  • Among the oldest homes in Salem County

What homes are worth in Salem 08079

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

This home
$72K$503K

This home is worth less than almost all homes in Salem 08079.

How it measures up in Salem 08079

The dot is this home. The mark in the middle is the typical home in Salem 08079.

Estimated value$41,072
CheaperTypical $212,284Pricier

Cheaper than almost all homes nearby

Price per ft²$39
CheaperTypical $153Pricier

Cheaper than almost all homes nearby

Living area1,040 ft²
SmallerTypical 1,476 ft²Bigger

Bigger than 17% of homes nearby

Lot size0.15 ac
SmallerTypical 0.29 acBigger

Bigger than 30% of homes nearby

Year built1800
OlderTypical 1945Newer

Newer than 2% of homes nearby

How 48 Route 45 ranks against every home in each area.
MeasureThis homeSalem 08079Salem County
Estimated valuepricier than$41,072almost no homesalmost no homes
Price per ft²pricier than$39almost no homesalmost no homes
Living areabigger than1,040 ft²17% of homes15% of homes
Lot sizebigger than0.15 ac30% of homes15% of homes
Year builtnewer than18002% of homesalmost no homes

About 48 Route 45

How much is 48 Route 45, Salem, NJ worth?

The TopHap Estimate for 48 Route 45, Salem, NJ is $41,072 as of Jul 14, 2026. The likely range is $27,206 to $54,938. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 Route 45, Salem, NJ last sell?

48 Route 45, Salem, NJ last sold on Jun 8, 2023 for $25,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 48 Route 45, Salem, NJ?

48 Route 45, Salem, NJ has 1,040 square feet of living space and a 0.15-acre lot.

When was 48 Route 45, Salem, NJ built?

48 Route 45, Salem, NJ was built in 1800, making it 226 years old. The building has 1 story.

What schools serve 48 Route 45, Salem, NJ?

48 Route 45, Salem, NJ is assigned to Salem High School (high), rated C+; Mannington Township Elementary School (elementary), rated A-. All sit in Salem City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 Route 45, Salem, NJ compare to other homes in Salem 08079?

Among the 3,227 homes in Salem 08079, it is worth more than almost none of them ($41,072 against a typical $212,284), its price per square foot is higher than almost none of them ($39 against a typical $153), it is bigger than 17% of them (1,040 ft² against a typical 1,476 ft²), its lot is bigger than 30% of them (0.15 ac against a typical 0.29 ac) and it is newer than 2% of them (1800 against a typical 1945). Measured against all of Salem County, it is worth more than almost no 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 48 Route 45, Salem, NJ?

The 2025 property tax bill for 48 Route 45, Salem, NJ was $3,074. The county assessed it at $85,300.

More homes on Route 45

Closest homes

More homes in Salem 08079

Assigned schools

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See this home in context

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