394 Essex St # 3, Salem MA 01970

Salem, MA 01970

$495,000

Est. $3,298/month

Beds

Baths

1,279

Sq Ft

$387

Price/Sq Ft

1980

Year Built

Condominium

Type

13 hours 31 minutes

Time on Market

Active Open House Listed Apr 28, 2026 • MLS# 73508628 Copied!

About this home

Looking for a stylish townhouse in the heart of historic Salem? This charming 2-bedroom, 1-bath home is set back from the street for added privacy while still keeping you close to everything the city has to offer. Inside, you’ll find the convenience of in-unit laundry and a comfortable, functional layout. Step outside to your own private yard—perfect for gardening, summer BBQs, or giving your pets a place to roam. The home is located less than a mile from the train, making commuting a breeze. Enjoy an unbeatable location just minutes from downtown Salem, the MBTA Commuter Rail, parks, local universities, and the scenic shoreline. With easy access to public transportation and nearby shopping, this property offers the perfect blend of urban convenience and neighborhood charm. Additional highlights include two off-street parking spaces and updated utilities.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1980

Bedrooms

Full Bathrooms

Living Area

1,279 sq ft

Total Rooms

Stories

Entry Level

Open House Schedule

May

Saturday, May 2

12:00 PM - 2:00 PM EDT

May

Sunday, May 3

1:00 PM - 3:00 PM EDT

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1980

Living Area 1,279 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 5

Interior

Heating Electric Baseboard, Electric

Cooling Window Unit(s), Wall Unit(s)

Flooring None

Appliances Range

Fireplace None

Fireplaces 1

Basement Y

Laundry In Basement, In Building

Features None

Exterior

Construction None

Architecture None

Roof None

Parking

Features Off Street, Assigned

Total Spaces 2

Utilities

Electric 220 Volts, Fuses

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $4,558

Assessed Value $402,000

Interior Features

Flooring:

Appliances: Range

Interior Features:

Windows:

Basement: Y

Laundry: In Basement, In Building

Security:

Construction & Materials

Year Built: 1980

Structure Type: Townhouse

Exterior Materials:

Roof:

Foundation:

Stories: 3

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric

Cooling: Window Unit(s), Wall Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Assigned

Special Features

Fireplaces: 1

Fireplace Type:

Location

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Neighborhood

394 Essex St # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District

Salem School District local

B-

⚠ School Safety 2024-25

3.6% Above Average

2.3% Suspensions 0.8% In-School 1.3% Emergency

↓ 1.9% below state avg

Elementary Schools

3 schools

The Phoenix School

0.3 mi

Grades PK-08

Witchcraft Heights School

0.8 mi | #388 of 824 | Score: 48.1

Improved 162 spots from last year

-10.1 below state avg

455 students Diverse

Rising School Diverse Student Body

Grades K-05

B-

Saltonstall School

0.8 mi | #460 of 824 | Score: 45.8

Improved 108 spots from last year

-12.4 below state avg

412 students Diverse

Rising School

Grades K-05

Middle Schools

2 schools

C+

Collins Middle School

0.3 mi | #219 of 352 | Score: 39.5

Improved 60 spots from last year

-18.7 below state avg

611 students Diverse

Rising School Diverse Student Body

Grades 06-08

C+

J. Henry Higgins Middle School

1.9 mi | #240 of 352 | Score: 37.2

Improved 5 spots from last year

-21 below state avg

1,320 students Diverse

Grades 06-08

High Schools

3 schools

Salem High School

0.9 mi | #144 of 346 | Score: 56.1

Dropped 24 spots from last year

-2.1 below state avg

952 students Diverse

18 sports • 1,080 athletes

Early College Program Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

B+

Salem Academy Charter School

1.0 mi | #139 of 346 | Score: 56.7

Improved 97 spots from last year

-1.5 below state avg

480 students Diverse

10 sports • 568 athletes

High Graduation Rate Rising School College Ready Curriculum

Grades 06-12

Bishop Fenwick High School

1.5 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

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Property Tax $380

Homeowners Insurance $200

HOA Fee $215/mo

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95% Interest

Year 15

50/50

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95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Apr 28, 2026

$495,000

Original listing

Date	Event	Price	Change	$/sqft	Details
04/28/2026	🏠 Listed for Sale	$495,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 28, 2026	New Listing Added	$495,000	—

Market Statistics

Time on Market

13 hours 31 minutes

Price per Sq Ft

$387

Tax History

Year	Taxes	Assessment
2025	$4,558	$402,000

Financial Details

Annual Property Tax

$4,558

Tax Year 2025

HOA Fee

$215

Per month

Assessed Value

$402,000

Listing Information

Listing Agent William McClory

Listing Office Dream Seekers Realty, LLC

Agent MLS ID NB110799

Office MLS ID AN6790

Listing Data Updated Apr 29, 2026 3:30 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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394 Essex St # 3, Salem MA 01970

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Special Features

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

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Loan Summary

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Listed for Sale

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