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315-317 E Broadway Salem, NJ $ 225,000
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$ 225,000 Get more info
315-317 E Broadway
$ 225,000
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315-317 E Broadway

Salem, NJ, 08079
$ 225,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Salem, NJ

for $225,000 with 12 bedrooms. This home was built in 1900 on a lot size of 0.31.

All those times you talked about how if you found a deal on a multifamily you were going to take it down and become the next Monopoly Man... well here is your moment to put up or shut up. This is a steal of a deal on this 4 unit in downtown Salem City NJ. This money maker stretches over 5500+ sq ft allowing you to design the optimum floorplan to maximize your rental income. Some of the heavy lift is done as you can see from the photos making cash flow that much sooner for you. Take advantage of this opportunity and practice what you preach.

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Multi-Family Active

Price

$ 225,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 8,144

Style

Colonial

Lot Size

0.31

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2018846
Features
General
Living Area 5645
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning RES
Architectural Style Colonial
Construction Materials Brick Stucco
School District SALEM CITY SCHOOLS
Year Built 1900
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality SALEM CITY
Accessibility None
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 ACTIVE
Directions on broadway use gps
City SALEM
Disclosures Owner RE Licensee
Number Of Units Total 1
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 13504.00
Tax Annual Amount 8144.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 39.86
Acceptable Financing Cash Negotiable Private Other
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00028
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Interior
Heating Fuel None
Basement Full
Hot Water None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.31
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 9400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Society

Broker

dr@society.live

Email

Affordability Calculator

$2,064
Per Month
67%
33%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$679
Monthly Home Insurance
--
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/5/2026$225,000 Listed Price

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315-317 E Broadway, Salem, NJ, 08079 is a Multi-Family Home for sale at $225,000 with a lot size of 0.31. 315-317 E Broadway has 12 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 08079 which is in Salem, NJ

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