371 E Broadway Salem, NJ ^$ 240,000

371 E Broadway

^$ 240,000

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371 E Broadway

Salem, NJ, 08079

^$ 240,000

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 1,478

Multi-Family Home for sale in Salem, NJ

for $240,000 with 6 bedrooms. This home was built in 1900 on a lot size of 0.17.

Property Has 2 Of 3 Units Rented 2 Bedroom Rent $1000/Mo-Under Lease Month 2 Month 1 Bedroom-Rent $850/Mo-Lease till 10/2026 4 Bedroom-Was Rented for $1600/Mo-Moving Out 1/31/2026 Property Is As Is

Multi-Family Coming Soon

Price

^$ 240,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,694

Style

A-Frame

Lot Size

0.17

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2017678

Features

General

Living Area 3440

Sewer Public Sewer

Heating Baseboard - Electric

Cooling None

Possession Immediate

Zoning RESIDENTIAL

Architectural Style A-Frame

Construction Materials Frame

School District SALEM CITY SCHOOLS

Year Built 1900

Property Subtype Triplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

Municipality SALEM CITY

Accessibility 32 + wide Doors

County SALEM

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status COMING SOON

Directions Utilize GPS or Apple Maps for Directions

City SALEM

Number Of Units Total 1

MLS Area Salem City (21713)

Lot Size Units Square Feet

Lot Size Square Feet 7427.00

Number of Units Leased 2

Tax Annual Amount 5694.0

Two Bedroom 1

Structure Type Detached

Price Per Sq Ft Total AG 69.77

Rent Control Y/N Y

Vacation Rental Y/N N

Standard Status Coming Soon

Year Built Source Assessor

Tax Lot 00003

Total Actual Rent 22200.00

Interior

Heating Fuel Electric

Hot Water Natural Gas

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Type of Parking On Street

Foundation Details Brick/Mortar

Water View Y/N N

Lot Dimensions 55.00 x 135.00

Lot Size Acres 0.17

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 8100.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 371

* Excluded Features

List By

Homestarr Realty

Broker

james.fisher@homestarrinc.com

Affordability Calculator

$1,952

Per Month

Monthly Principal & Interest: $1,478
Monthly Property Taxes: $475
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Multi-family listings in Salem, NJ

Average List Price ^$167,129

Percent of Sale Price 30%

About Salem, NJ

4,893 Population

-16% Since 2002

^$26,747 Median Income

35.33 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3535135 Elementary School

3536320 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/13/2026	$240,000		Listed Price

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371 E Broadway, Salem, NJ, 08079 is a Multi-Family Home for sale at $240,000 with a lot size of 0.17. 371 E Broadway has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 08079 which is in Salem, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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371 E Broadway

Multi-Family Home for sale in Salem, NJ

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