87-89 W Broadway Salem, NJ $ 205,000
87-89 W Broadway
$ 205,000
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87-89 W Broadway

Salem, NJ, 08079
$ 205,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,294

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Multi-Family Home for sale in Salem, NJ

for $205,000 with 4 bedrooms. This home was built in 1880 on a lot size of 0.2.

Step into the charm and character of historic Salem with this spacious property at 87 W Broadway, offering over 3,100 square feet of living space in a prime location along one of the city's most recognizable streets. Featuring classic architectural details, generous room sizes, and endless potential, this property is ideal for investors, owner-occupants, or those seeking a unique opportunity to restore and customize a piece of Salem's history. Conveniently located near downtown shops, dining, schools, and local attractions, the home combines historic appeal with everyday accessibility. Whether you're looking for a multi-family investment, income-producing property, or a residence with room to grow, 87 W Broadway presents exceptional value and opportunity in the heart of Salem.

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Multi-Family Active

Price

$ 205,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,500

Style

Victorian

Lot Size

0.2

Year Built

1880

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2019352

Features
General
Living Area 3152
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession 0-30 Days CD
Zoning RESIDENTIAL
Architectural Style Victorian
Construction Materials Masonry
School District SALEM CITY SCHOOLS
Year Built 1880
View Garden/Lawn
Property Subtype Duplex
Tax Year 2024
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 From Felipe’s Farm Box Head toward Plaza Dr  Destination will be on the left
City SALEM
Number Of Units Total 2
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 8555.00
Number of Units Leased 1
Tax Annual Amount 4500.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 65.04
Acceptable Financing Cash Conventional FHA VA
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Ground Lease
Standard Status Active
Year Built Source Estimated
Tax Lot 00004
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Interior
Heating Fuel Natural Gas Oil
Basement Poured Concrete Unfinished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.20
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 10200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Exp Realty, Llc

Broker

rich@theadamskiteam.com

Email

Affordability Calculator

$1,669
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,294
Monthly Property Taxes
$375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$205,000 Listed Price

Map


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87-89 W Broadway, Salem, NJ, 08079 is a Multi-Family Home for sale at $205,000 with a lot size of 0.2. 87-89 W Broadway has 4 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 08079 which is in Salem, NJ