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111 Salem Street

Elmer, Salem County, NJ

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Sale date passed
Monday, September 14, 2026

Key facts

Sale date9/14/2026
Judgment$243,000
Sheriff #F-26000209
PlaintiffNew Jersey Housing and Mortgage Finance Agency
Year built1940
Lot size105X166 IRR 2.04 AC
Assessed value$104,900
AttorneyPluese, Becker, Saltzman & Thomas, LLC
Sale locationpublic venue at the Salem County Court…
AI

What you should know

Residential property located at 111 Salem Street, Elmer, NJ 08318, comprising Block 29, Lots 7 and 8, approximately 105' x 166' irregular, totaling 2.04 acres. The property is subject to a sheriff's sale pursuant to a writ of execution with an approximate judgment of $225,733.69 and an upset price of $243,000.00. A priority tax sale certificate held by East Region Tax Auction, LLC exists against the property in the amount of approximately $348.24 plus subsequent charges.

Generated from listing data. May contain errors — verify independently.

Due diligence

Verify everything before bidding. These point to the authoritative public records — WritBid doesn't host them.Parcel Block 29, Lots 7 and 8.

Equity signal

PRO
Est. market valueJudgment
$135,881$243,000
est. range $115,499 – $156,263
Debt 179% ⚠ Debt exceeds value
-$107,119
est. gross equity · range -$127,501 – -$86,737

Gross equity = estimated market value − judgment. Market value is derived from the county tax-assessed value using the official equalization ratio (an estimate, not an appraisal). Excludes junior liens, taxes, and costs — verify with comps before bidding.

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Bid worksheet

Model this deal end-to-end. Adjust every field. Nothing is saved; this is decision support, not financial advice.

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Purchase (max bid)$243,000
Rehab$8,392
Carrying (6mo)$12,570
Selling costs$8,392
Total invested$272,354
Projected profit -$167,454
Return on cost -61.5%

Estimate excludes liens, back taxes, and title issues that survive a sheriff sale. Always run a title search before bidding.

Listing timeline

Every tracked change to this sale — a history you won't find on the county site.

  • First tracked by WritBid
    Aug 5, 2026

Disclaimer

WritBid is not an official source. Verify all details with the Salem County Sheriff's Office before bidding.

Any property information provided is for informational purposes only and has not been verified for its accuracy or completeness. Where available, the information provided has been obtained from a state, county, or local governmental or quasi-governmental entity, which may include an agency, department, board, commission, bureau, division, or a military or public safety organization. Property descriptions, documents, and pictures may not accurately describe or depict the property. No representations or warranties are made regarding the contents, accuracy, or completeness of any information provided. Prospective buyers should conduct their own independent due diligence. Prospective buyers are also encouraged to review public records that may contain important information concerning this property.

Location & nearby sales

This sale (gold) and other active sheriff sales nearby. Double-click a pin to open it.

Nearby sales

Sourced from county Salesweb portal Last confirmed Sep 15, 2:05 AM Data status →