Single Family Residence at 50 Granite Avenue, Salem
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$485,000

Under contract
50 Granite Avenue
Salem, NH 03079
Listed by Catherine Zerba · Keller Williams Gateway Realty/Salem
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1925

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.*

Property details

MLS
Prime MLS
MLS #
5102642
Property type
Single Family Residence
Subdivision
N/A
Status
Under contract
Days on market
5
On market date
N/A
Stories
N/A
Total bathrooms
1.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.77 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
William E. Lancaster School
0.88 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
247
Student:teacher ratio
13.0:1
District
Salem School District
Middle
Woodbury School
0.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
791
Student:teacher ratio
13.0:1
District
Salem School District
High
Salem High School
0.59 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,166
Student:teacher ratio
11.5:1
District
Salem School District

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks13
Schools9
Transit stops15
Pharmacies2

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 5 days -- 69 fewer days than Salem's current average of 74 days.
For reference, the median list price across 119 active listings in Salem right now is $495,000.

Mortgage calculator

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Est. monthly payment
$3,071/mo
$97,000 down
$388,000 loan
Principal & interest$2,517
Property tax (est.)$404
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is 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. Data last updated 08/04/26.