UPDATE: A stunning $375,000 sale in Pennsville has topped the list of the most expensive homes sold in Salem County during the week of December 1-7. With a total of seven residential real estate transactions recorded, the average sale price reached $208,571, signaling a dynamic real estate market in the area.
The highest sale was a detached home at 170 Fort Mott Road in Pennsville, finalized on November 17. This property, built in 1965, boasts a generous living space of 2,152 square feet, translating to a price per square foot of $174.
Other notable sales include:
– **$295,000** for a single-family residence at 24 Lake Ave. in Quinton, finalized on November 20. This home, constructed in 1930, offers 1,392 square feet at a rate of $212 per square foot.
– **$210,000** for a property at 260 Johnson Street in Penns Grove, also finalized on November 17. Built in 1965, it features 1,058 square feet, priced at $198 per square foot.
– **$200,000** for a home at 18 Avis Mill Road in Pilesgrove, completed on November 20. This 1962 construction spans 1,500 square feet.
– Two homes sold for **$135,000** each: one at 5 Seventh Ave. in Penns Grove, finalized on November 17, and another at 243 Walnut Street Road in Salem, also finalized on November 17.
– The list concludes with a home at 38 Elvin Ave. in Penns Grove, sold for **$110,000** on November 20, featuring a living area of 2,228 square feet.
These transactions reflect a robust demand for homes in Salem County, highlighting a significant activity in the local real estate market. As buyers capitalize on opportunities, the trend suggests a growing interest in residential properties in this region.
Stay tuned for further updates on real estate trends and developments as they unfold in Salem County and beyond.
