Active
21 Days on market
400 Jefferson Salem — Photo 1 of 21

400 Jefferson Salem — Photo 1 of 21

Recent Drop: $30,000

$519,900
$489,900

$489,900

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$336/sqft
Local Avg (Salem)$409/sqft
18% 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

Property History

Price Drop
$489,900

Was $519,900

Sep 2, 2026

MLS® 73565674

Listed
$519,900

Aug 19, 2026

MLS® 73565674

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

Browse More Homes in Salem

Explore other active listings in the area.