311 E Broadway Salem, NJ $ 99,000
311 E Broadway
$ 99,000
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311 E Broadway

Salem, NJ, 08079
$ 99,000
Bedrooms2 Baths1.0 Sq 1,168

Monthly Estimate*

$ 692

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Single Family Home for sale in Salem, NJ

for $99,000 with 2 bedrooms and 1 full bath. This 1,168 square foot home was built in 1900 on a lot size of 0.05.

Investor Special! This centrally located home at 311 E Broadway in Salem, NJ presents an incredible opportunity for investors. Currently tenant-occupied with a lease in place until 8/31/2024 and a reliable tenant paying $1165 in rent, this property offers immediate income potential. Photos taken prior to tenant occupancy. It is currently occupied. The updated interior features new Luxury Vinyl Plank flooring, fresh paint, and ample natural light, creating an attractive space for tenants. With a well-maintained lease in place and a tenant in good standing, this property provides a hassle-free investment opportunity. Conveniently located near town amenities and public transportation, this property is an ideal addition to any investor's portfolio. Don't miss out on the chance to acquire a turnkey investment with a reliable rental income. Schedule a showing today and seize the opportunity to add this income-generating property to your portfolio.

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Single Family Active

Price

$ 99,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,682

Style

Traditional

Lot Size

0.05

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2009398

Features
Interior
Heating Fuel Oil
Basement Unfinished
Hot Water Other
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1168
Full Baths 1
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Negotiable
Zoning RES
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1900
Levels 2
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality SALEM CITY
Accessibility None
County SALEM
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Adjacent to Jackson
City SALEM
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area Salem City (21713)
Lot Size Square Feet 2178.00
Waterfront Y/N N
Street Name BROADWAY
Tax Annual Amount 1682.0
Home Warranty Y/N N
Structure Type Twin/Semi-Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 0.00
Price Per Sq Ft 84.76
Acceptable Financing Conventional Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 156
Standard Status Active
Year Built Source Assessor
Tax Lot 00026
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Dimensions 17.00 x 128.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 5600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Compass New Jersey, Llc - Moorestown

Broker

jennifer.rothenberger@compass.com

Email

Affordability Calculator

$832
Per Month
83%
17%
0%
Monthly Principal & Interest
$692
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2024$99,000 -13.91% Price Down
11/29/2023$115,000 -4.17% Price Down
11/14/2023$120,000 Listed Price

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311 E Broadway, Salem, NJ, 08079 is a Single Family Home for sale at $99,000 with 1,168 sqft and a lot size of 0.05. 311 E Broadway has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 08079 which is in Salem, NJ