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  3. Salem, MA
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  5. 245 Lafayette St
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245 Lafayette St

245 Lafayette St, Salem, MA, 01970
Continental Condominiums

YEAR BUILT

1971

# STORIES

1

# TOTAL UNITS

30

UNIT SIZE RANGE

665-891 sqft

Description

245 Lafayette St is located in downtown Salem at the corner of Lafayette St and Essex St. This low-rise building has 1 story and consists of 30 condominium units. The nearby intersection provides easy access to local attractions and services. Built in 1971, this structure offers units ranging from 665 to 891 square feet. Potential buyers can find both 1-bedroom and 2-bedroom options. Unit prices vary from $370,000 to $415,000, with an average closed price around $392,500. The average price per square foot stands at $513. Units spend about 40 days on the market. Residents enjoy a range of amenities. The building includes an elevator, onsite laundry, storage space, and off-street parking. Nearby, residents can find golf options, parks, and tennis courts. Public transportation and highway access make commuting simpler. Grocery needs can be met at Crosby's Market Place, while local dining options like Sidelines Sports Bar Inc are close by. For entertainment, Dream Machine provides fun for residents. The building's proximity to Salem State University and the historic waterfront adds to its appeal. The area features a rich mix of parks and conservation zones. Outdoor spaces are perfect for relaxation. Common features like hardwood floors, pet-friendly policies, and private balconies contribute to comfortable living. This building blends a residential feel with the vibrancy of downtown Salem.

Building ImageMLS ID #73437560
Building ImageMLS ID #73437560
Building Image
Building ImageView Listing

245 Lafayette St

245 Lafayette St, Salem, MA, 01970


Continental Condominiums

YEAR BUILT

1971

# STORIES

1

# TOTAL UNITS

30

UNIT SIZE RANGE

665-891 sqft

Description

245 Lafayette St is located in downtown Salem at the corner of Lafayette St and Essex St. This low-rise building has 1 story and consists of 30 condominium units. The nearby intersection provides easy access to local attractions and services. Built in 1971, this structure offers units ranging from 665 to 891 square feet. Potential buyers can find both 1-bedroom and 2-bedroom options. Unit prices vary from $370,000 to $415,000, with an average closed price around $392,500. The average price per square foot stands at $513. Units spend about 40 days on the market. Residents enjoy a range of amenities. The building includes an elevator, onsite laundry, storage space, and off-street parking. Nearby, residents can find golf options, parks, and tennis courts. Public transportation and highway access make commuting simpler. Grocery needs can be met at Crosby's Market Place, while local dining options like Sidelines Sports Bar Inc are close by. For entertainment, Dream Machine provides fun for residents. The building's proximity to Salem State University and the historic waterfront adds to its appeal. The area features a rich mix of parks and conservation zones. Outdoor spaces are perfect for relaxation. Common features like hardwood floors, pet-friendly policies, and private balconies contribute to comfortable living. This building blends a residential feel with the vibrancy of downtown Salem.

Next

Description

245 Lafayette St is located in downtown Salem at the corner of Lafayette St and Essex St. This low-rise building has 1 story and consists of 30 condominium units. The nearby intersection provides easy access to local attractions and services. Built in 1971, this structure offers units ranging from 665 to 891 square feet. Potential buyers can find both 1-bedroom and 2-bedroom options. Unit prices vary from $370,000 to $415,000, with an average closed price around $392,500. The average price per square foot stands at $513. Units spend about 40 days on the market. Residents enjoy a range of amenities. The building includes an elevator, onsite laundry, storage space, and off-street parking. Nearby, residents can find golf options, parks, and tennis courts. Public transportation and highway access make commuting simpler. Grocery needs can be met at Crosby's Market Place, while local dining options like Sidelines Sports Bar Inc are close by. For entertainment, Dream Machine provides fun for residents. The building's proximity to Salem State University and the historic waterfront adds to its appeal. The area features a rich mix of parks and conservation zones. Outdoor spaces are perfect for relaxation. Common features like hardwood floors, pet-friendly policies, and private balconies contribute to comfortable living. This building blends a residential feel with the vibrancy of downtown Salem.

245 Lafayette St Market Stats Last 12 months

Avg. Listed Price$381,000($500/Sqft.)

Avg. Sale Price$392,500($513/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market40 days

Average HOA fees per sqft$4 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market40 days

Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

245 Lafayette St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1A1A85921512025-11-20
MLS#: 73437560
Closed$365,000
Unit 1F1F66811362025-06-06
MLS#: 73368189
Closed$370,000
Unit 1E1E88121442025-01-17
MLS#: 73317269
Closed$415,000
Unit 1A
1A

2 Beds

1 Baths

859 sqft


DateStatusPrice
2025-11-20Closed$365,000
MLS#: 73437560
Days On Market51
Unit 1E
1E

2 Beds

1 Baths

881 sqft


DateStatusPrice
2025-01-17Closed$415,000
MLS#: 73317269
Days On Market44
Unit 1F
1F

1 Beds

1 Baths

668 sqft


DateStatusPrice
2025-06-06Closed$370,000
MLS#: 73368189
Days On Market36
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Living at The Continental comes with a host of fantastic amenities designed to enhance your lifestyle. Picture yourself enjoying sunny warm days on the poolside while the garden area blooms around you, providing a perfect escape right at home. Tennis enthusiasts will relish the on-site tennis courts, while golf lovers will appreciate easy access to nearby courses. The building also offers convenient features like laundry services and elevators, ensuring comfort is never compromised. With a nearby bike path, you can easily explore the local scenery or hop onto public transportation to further your adventures around Salem.

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Amenities Description

Living at The Continental comes with a host of fantastic amenities designed to enhance your lifestyle. Picture yourself enjoying sunny warm days on the poolside while the garden area blooms around you, providing a perfect escape right at home. Tennis enthusiasts will relish the on-site tennis courts, while golf lovers will appreciate easy access to nearby courses. The building also offers convenient features like laundry services and elevators, ensuring comfort is never compromised. With a nearby bike path, you can easily explore the local scenery or hop onto public transportation to further your adventures around Salem.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Balcony

Balcony

Pool

Pool

Policies

When considering a home, it’s essential to glance at the policies. The Continental embraces a few restrictions to maintain the integrity of the residence, including rules that ensure a peaceful living environment for all. This means you can feel confident in your choice, knowing the community values a serene atmosphere.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
245 Lafayette St$513/sqft.$4 /sqft.
Continental Condominiums$513/sqft.$4 /sqft.
Renaissance Condominium$468/sqft.$3 /sqft.
256 Lafayette$351/sqft.$3 /sqft.
PERKINS HOUSE CONDOMINIUM$433/sqft.$3 /sqft.
The Renaissance Condominium At 71 Leach$496/sqft.$4 /sqft.

Nearby Schools

245 Lafayette St is situated close to local schools in South Salem, Salem. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|0.19 miles away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|0.49 miles away

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|0.5 miles away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|0.76 miles away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|0.8 miles away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|0.81 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

245 Lafayette St is situated close to local schools in South Salem, Salem. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Saltonstall School

C-
Public|Grades KG–8
211 Lafayette St|Less than 1 Mile Away

The Phoenix School

--
Private|Grades KG–8
89 Margin St|Less than 1 Mile Away

Salem Academy Charter School

B
Public|Grades 6–12
45 Congress St, Sh...|Less than 1 Mile Away

Collins Middle School

C-
Public|Grades 6–8
29 Highland Ave|Less than 1 Mile Away

New Liberty Innovation School

F
Public|Grades 9–12
2 E India Square M...|Less than 1 Mile Away

Salem Preparatory High School

--
Public|Grades 9–12
2 Museum Place Mal...|Less than 1 Mile Away

Horace Mann Laboratory

C
Public|Grades KG–5
79 Willson St|Less than 1 Mile Away

Salem High School

D+
Public|Grades 9–12
77 Willson St|1.05 Miles Away

Childrens Workshop Montessori

--
Private|Grades PK–KG
53 Robert Rd|1.16 Miles Away

Tower School

--
Private|Grades PK–8
75 W Shore Dr|1.25 Miles Away

Bentley Academy Innovation School

--
Public|Grades KG–5
25 Memorial Dr|1.33 Miles Away

Salem Early Childhood

--
Public|Grades PK–KG
25 Memorial Dr|1.33 Miles Away

Village School

C
Public|Grades 3–6
93 Village St|1.38 Miles Away

Carlton

C
Public|Grades KG–5
10 Skerry St|1.45 Miles Away

Witchcraft Heights

D
Public|Grades KG–5
1 Frederick St|1.54 Miles Away

Glover

--
Public|Grades PK–3
9 Maple St|1.55 Miles Away

L H Coffin

--
Public|Grades 1–2
1 Turner Rd|1.63 Miles Away

Marblehead High School

A-
Public|Grades 9–12
2 Humphrey St|1.75 Miles Away

Marblehead Veterans Middle School

B
Public|Grades 7–8
217 Pleasant St|1.77 Miles Away

Bates

C+
Public|Grades KG–5
53 Liberty Hill Av...|1.79 Miles Away

Dr. Samuel C. Eveleth

--
Public|Grades KG–KG
3 Brook Rd|1.92 Miles Away

Marblehead Community Charter Public School

C
Public|Grades 4–8
17 Lime St|1.95 Miles Away

Thomas Carroll Elementary School

D+
Public|Grades KG–5
60 Northend St|1.99 Miles Away

Transit

Located in South Salem, 245 Lafayette St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Salem. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1000 Loring Ave

1.88 miles away|37 min walk

1000 Paradise Rd

1.92 miles away|37 min walk

11 Bridge St

1.72 miles away|34 min walk

446 Loring Ave

1.46 miles away|28 min walk

81 Highland Ave @ Salem Hospital

0.88 miles away|17 min walk

Bridge St @ Ames St

1.72 miles away|33 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in South Salem, 245 Lafayette St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Salem. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1000 Loring Ave

1.88 miles away|37 min walk

1000 Paradise Rd

1.92 miles away|37 min walk

11 Bridge St

1.72 miles away|34 min walk

446 Loring Ave

1.46 miles away|28 min walk

81 Highland Ave @ Salem Hospital

0.88 miles away|17 min walk

Bridge St @ Ames St

1.72 miles away|33 min walk

Bridge St @ Cromwell St

1.46 miles away|28 min walk

Bridge St @ March St

1.52 miles away|30 min walk

Bridge St @ Osgood St

1.49 miles away|29 min walk

Bridge St @ Saunders St

1.25 miles away|24 min walk

Bridge St @ Skerry St

1.4 miles away|27 min walk

Bridge St @ Thorndike St

1.64 miles away|32 min walk

Elm St @ Creesy St

1.89 miles away|37 min walk

Elm St @ Harris St

2 miles away|39 min walk

Essex St @ Beckford St

0.86 miles away|17 min walk

Essex St @ Flint St

0.86 miles away|17 min walk

Essex St @ Hamilton st

0.85 miles away|17 min walk

Essex St @ Monroe St

0.87 miles away|17 min walk

Essex St opp Monroe St

0.86 miles away|17 min walk

Essex St opp Warren St

0.84 miles away|17 min walk

Essex St @ Summer St

0.82 miles away|16 min walk

Essex St @ Warren St

0.83 miles away|16 min walk

Hawthorne Blvd @ Derby St

0.69 miles away|14 min walk

Hawthorne Blvd @ Essex St

0.81 miles away|16 min walk

Hawthorne Blvd @ Washington Sq S

0.83 miles away|16 min walk

Highland Ave @ Cherry Hill Ave

1.02 miles away|20 min walk

Highland Ave @ Greenledge St

1.87 miles away|36 min walk

Highland Ave @ Hawthorne Sq

1.59 miles away|31 min walk

Highland Ave @ Marlborough Rd

1.73 miles away|34 min walk

Highland Ave opp Proctor St

0.84 miles away|17 min walk

Highland Ave @ Proctor St

0.85 miles away|17 min walk

Highland Ave @ Salem Hospital

0.9 miles away|18 min walk

Highland Ave @ Thomas Circle

1.88 miles away|37 min walk

Highland Ave @ Valley St

1.11 miles away|22 min walk

Highland Ave @ Willson St

1.01 miles away|20 min walk

Humphrey St @ Birch St

1.57 miles away|30 min walk

Humphrey St @ Charlotte Rd

1.66 miles away|32 min walk

Humphrey St @ Clifton Ave

1.71 miles away|33 min walk

Humphrey St @ Countryside Ln

1.57 miles away|31 min walk

Humphrey St @ Glendale Rd

1.6 miles away|31 min walk

Humphrey St @ Hereford Rd

1.65 miles away|32 min walk

Humphrey St @ Lafayette St

1.59 miles away|31 min walk

Humphrey St @ Laurel St

1.56 miles away|30 min walk

Humphrey St @ May St

1.89 miles away|37 min walk

Humphrey St opp Glendale Rd

1.59 miles away|31 min walk

Humphrey St opp Ruby Ave

1.83 miles away|36 min walk

Humphrey St opp Sevinor Rd

1.58 miles away|31 min walk

Humphrey St @ Palmer Rd

1.68 miles away|33 min walk

Humphrey St @ Rockaway Ave

1.76 miles away|34 min walk

Humphrey St @ Ruby Ave

1.83 miles away|35 min walk

The Neighbourhood: South Salem

South Salem is a small village in Essex County, Massachusetts. The area sits near open fields and old homes and offers local shops, cafes, bakeries, and small grocery stores. This district has parks, walking trails, spots for outdoor play and picnics and a library with a community center that holds events. Short drives reach larger towns with more stores, clinics, and services. The area links via main roads to nearby highways and has regional bus and shuttle connections.

Next

Neighbourhood Description

South Salem is a small village in Essex County, Massachusetts. The area sits near open fields and old homes and offers local shops, cafes, bakeries, and small grocery stores. This district has parks, walking trails, spots for outdoor play and picnics and a library with a community center that holds events. Short drives reach larger towns with more stores, clinics, and services. The area links via main roads to nearby highways and has regional bus and shuttle connections.

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245 Lafayette St Demographics

Age Demographics

0–14 Years

16.54%

15–29 Years

22.91%

30–44 Years

23.31%

45–59 Years

17.84%

60+ Years

19.39%

Commute

5.77%

Transit

10.2%

Walk

64.92%

Drive

0.79%

Bike

Housing Ownership

36.42%

Owner Occupied

63.58%

Rental Units

Household Types

Single Family
24.53%
Multi Family
4.32%
Single Person
37.45%
Multi Person
62.55%

Average Income

Household:$6,768,484.16 /yr

Individual:$4,214,930.07 /yr

Education

Bachelors Degree27.07%
High School College19.14%
Diploma5.12%
Post Graduate19.91%
Others28.75%
Next

Education

Diploma5.12%
Post Graduate19.91%
Others28.75%
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  2. /Salem, MA
  3. /
    245 Lafayette St
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