NE Provenance

56 Margin St

Salem, MA 01970

Institutional
Owner
See...
Owner Type
Corporation
Tenure
19 yrs
Assessed
$1,511,800
Built
1950
Sq Ft
8,240
Lot
0.55 ac
Bed/Bath
—
Type
Institutional
Elevated Risks20ConditionC2Fire GradeBPermits10Last PermitMar 2020FloodAESurgeCat 3

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56 Margin St, Salem, MA 01970— Property Report

Home& Property Details

56 Margin St is a Housing Authority institutional built in 1950 located in Salem, Essex County, MA. The home has 8,240 square feet of living area on a 0.55-acre lot.

Flood Zone & Natural Hazard Assessment

56 Margin St is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 3 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 56 Margin St at Grade B (Strong fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.2 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 10 building permits on file for 56 Margin St. The most recent permit was filed March 2, 2020. The current municipal assessment is $1,511,800. The deed history includes 3 recorded conveyances.

SalemNeighborhood & Community

56 Margin St is located in Salem, Essex County, MA. The property is zoned R2 (Residential Two Family). The median home value in this census tract is $455,500. Median household income is $94,945. The owner-occupancy rate in the surrounding area is 36%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 56 Margin St, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.