Active
154 Days on market
96 Derby Street #1 Salem — Photo 1 of 32
Recent Drop: $96,000
$475,000$379,000
$379,000
96 Derby Street #1, Salem, MA 01970
Salem, MA 01970
Beds
2
Baths
1.5
SqFt
971
Style
Condominium
Built
1900
PRICE IMPROVEMENT! Charming condo in a historic area just steps from the water. Features a spacious open floor plan, two large bedrooms with great natural light, and a private entrance. Ideally located a short walk to Salem’s vibrant downtown, full of restaurants, shops, attractions, and entertainment. Conveniently near Salem State University, Salem Common, Salem Willows, Pickering Wharf, and Forest River Park. Great for commuters, located across the street from the Salem Ferry and a short walk to the MBTA Commuter Rail, allowing easy access to Boston and the North Shore. Additional features include a pet-friendly association, shared outdoor deck, and extra storage in the basement.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$390/sqft
Local Avg (Salem)$428/sqft
9% BelowMarket Average
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Original Price$475,000
Annual Taxes$4,111
HOA Fee$325
Parking
Garage0
Off-Street0
Interior Specifications
Total Rooms5
FireplacesNone
FlooringWood, Tile
BasementN
Climate & Utilities
HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
Roof--
Foundation--
ZoningB1
Property & Lot
Acres--
SqFt Lot--
Lot Features--
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Marina
Geography
Property History
Price Drop
$379,000
Was $399,000
Aug 26, 2026
MLS® 73494515
Price Drop
$399,000
Was $415,000
Jul 18, 2026
MLS® 73494515
Price Drop
$415,000
Was $424,999
Jun 27, 2026
MLS® 73494515
Price Drop
$424,999
Was $449,000
Apr 25, 2026
MLS® 73494515
Price Drop
$449,000
Was $475,000
Apr 14, 2026
MLS® 73494515
Listed
$475,000
Apr 1, 2026
MLS® 73494515
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)
Listing Provided By
Listing Agent: Sean Reid
Listing Office: Century 21 North East
MLS® Number: 73494515
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