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50 Granite Avenue, Salem, NH, 03079

3beds
2baths
1,584sqft
$485,000
$306price/sqft
$3,590/moest. monthly cost
$143,600/yrincome needed

About This Home

Rare opportunity to own a well-maintained home in Salem for under $500,000! Offering exceptional value, this 3 to 4-bedroom, 1.5-bath Cape is ready for its next chapter after 56 years of ownership. Set on a level 0.77-acre lot with public water and public sewer, the property features a welcoming covered front entry, low-maintenance vinyl siding with gutters, an 8-year-young roof, and a detached 2+-car garage offering two parking bays plus a dedicated workshop - ideal for hobbyists, storage, or projects. Additional outbuildings provide even more versatility, while the expansive deck overlooks the large, level backyard with plenty of room for a swing set, pets, gardening, or entertaining family and friends. Inside, you'll find a functional eat-in kitchen with a gas range, generous dining space, and charming wood wainscoting. The front-to-back living and dining room offers an abundance of gathering space and opens through a slider to the deck and backyard. A first-floor bedroom or den, along with a full bath, provides flexibility for guests, a home office, or the convenience of one-level living. Upstairs are three additional bedrooms, including a spacious primary bedroom with a private half bath. Two bedrooms feature hardwood flooring, while the third is carpeted. Andersen replacement windows (approximately 10 years old), a 15-year-old heating system, and a brand-new U-shaped driveway (2025) add lasting value. Lovingly maintained and ready for your personal touches, this home presents an outstanding opportunity to build equity in desirable Salem, NH. Conveniently located just minutes from shopping, restaurants, schools, and major commuter routes. *Seller will be reviewing OFFERS Tuesday a.m.*

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
5/10
Woodbury SchoolGrades 6-80.5 mi
6/10
Salem High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Concrete,Fieldstone
  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer,Gas Stove

Basement

  • Has basement: Yes
  • Basement: Concrete Floor,Partial,Sump Pump,Unfinished,Interior Access,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Primary BR w/ BA,Natural Woodwork
  • Flooring: Carpet,Laminate,Wood
  • Fireplace features: Wood Stove Hook-up
  • Finished area below ground: 0
  • Finished area above ground: 1,584

Heating & Cooling

  • Heating features: Oil,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,574
  • Total interior livable area: 1,584 sqft

Property

Details

  • Parcel number: SLEMM99B810L
  • Zoning description: Res

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Deck,Shed

Lot

  • Lot size: 0.77 Acres
  • Features: Landscaped,Level

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Earthquake
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,452$29,424
Home Insurance $121$1,452
Property Taxes $734$8,808
Electricity $283$3,398
Total$3,590$43,080

Income You'd Need if You Spent...

35% on housing$123,085/yr
40% on housing$107,700/yr
45% on housing$95,733/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$306This listing

vs Other Active Listings

Avg $/sqft

ZIP 03079$261
Rockingham County$349

vs Homes Sold Last Month

Median $/sqft

ZIP 03079$307
Rockingham County$328

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$485,000

For Sale by Agent

AgentCatherine Zerba
BrokerageKeller Williams Gateway Realty/Salem

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