Active
2 Days on market
400 Jefferson Salem — Photo 1 of 21
$519,900
400 Jefferson, Salem, MA 01970
Salem, MA 01970
Beds
3
Baths
1.5
SqFt
1,458
Style
Single Family
Built
1910
Welcome to 400 Jefferson Avenue in Salem, a home filled with charm, character, and plenty of opportunity to make it your own. The interior is ready for cosmetic updating, and the price reflects the opportunity for a buyer to put in some sweat equity and add value over time.The first floor features hardwood flooring throughout, along with charming built-ins and architectural details that give the home warmth and personality. A new roof was installed in 2023, taking care of one of the larger-ticket improvements for the next owner.Outside, you'll find a detached one-car garage and a level, fenced-in yard with plenty of space for entertaining, pets, gardening, or simply enjoying your own private outdoor space. For the buyer who is looking to build some sweat equity in a home that's in a great neighborhood, this home offers so much potential. This home offers a great opportunity to own in one of the North Shore's most desirable communities.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$357/sqft
Local Avg (Salem)$423/sqft
16% BelowMarket Average
* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Original Price$519,900
Annual Taxes$6,222
Parking
Garage1
Off-Street3
Interior Specifications
Total Rooms6
FireplacesNone
Flooring--
BasementFull
Climate & Utilities
HeatingOil
CoolingCentral Air
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR1
Property & Lot
Acres0.12
SqFt Lot5,306
Lot FeaturesLevel
Geography
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 729 sq ft (the lesser of 900 sq ft or half the 1,458 sq ft principal dwelling). Lot size: 5,306 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Provided By
Listing Agent: Patrick Williebonglo
Listing Office: Dominion Realty Corp.
MLS® Number: 73565674
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