40 Essex St # 2 Salem, MA ^$ 539,000

40 Essex St # 2

^$ 539,000

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40 Essex St # 2

Salem, MA, 01970

^$ 539,000

Bedrooms2 Baths2.0 Sq 1,159

Monthly Estimate*

^$ 3,363

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Condo for sale in Salem, MA

for $539,000 with 2 bedrooms and 2 full baths. This 1,159 square foot condo was built in 1870 on a lot size of 0.12.

Desirable downtown Salem condo in three-unit building with a custom kitchen featuring stainless steel appliances and a granite countertop. Two bedrooms, two bathrooms, in-unit laundry, hardwood floors, and off-street parking with one garage space. The open dining and living room combine to make plenty of entertaining space. New disposal, stove, dishwasher and kitchen faucet in 2025. Pets – ‘one ordinary domestic household cat or dog may be kept by any unit owner’. Venture just 0.4 miles to the Peabody Essex Museum and take advantage of all that awaits in the bustling downtown, featuring dozens of restaurants. Commuting is easy with the Salem train station 0.7 miles away. Stick close to home and enjoy the Salem Common 0.2 miles, Collins Cove or the Derby Wharf both at just 0.3 miles away.

Condo Active

Price

^$ 539,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 5,439

Style

Townhouse

Lot Size

0.12

Year Built

1870

Town/City

Salem

County/Region

Essex

MLS | Web ID

73453515

List By

Jonathan Davis

Listing Agent

Coldwell Banker Realty - Beverly

Broker

Affordability Calculator

$3,816

Per Month

Monthly Principal & Interest: $3,363
Monthly Property Taxes: $453
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Condo listings in Salem, MA

Average List Price ^$533,615

Percent of Sale Price 1%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
12/2/2025	$539,000	-1.82%	Price Down
11/11/2025	$549,000		Listed Price

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40 Essex St # 2, Salem, MA, 01970 is a Condo for sale at $539,000 with 1,159 sqft and a lot size of 0.12. 40 Essex St # 2 has 2 bedrooms, 2.0 baths, and was built in 1870. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/15/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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40 Essex St # 2

Condo for sale in Salem, MA

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