385 E Broadway

$225,000
Price
Beds
Baths
3,126 Sq. Ft.
$72 / Sq. Ft.
3,126
Sq. Ft.
$72
per Sq. Ft.

Description

Investor Alert – Turnkey Duplex with Paying Tenants
Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights:
🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage
🔹 Unit 387 (Left Side) Pictured: $1,300/month
...Investor Alert – Turnkey Duplex with Paying Tenants
Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights:
🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage
🔹 Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas
🔹 Driveway with Rear Parking + Street Parking
🔹 Both Units Rented to Cash-Paying Tenants
Recent Improvements:
✅ Newer Furnaces in both units
✅ Newer Carpets & Fresh Paint throughout
✅ Newer Roof – major systems updated and ready for long-term holding
Tenants are in place and pay on time
Property is being sold as-is
Ideal for investors or owner-occupants
Strong cash flow from Day 1

Don’t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS
  1. Listed by Christine Boysen • Vylla Home
    P: (609)-670-5109 christine.boysen@vylla.com

Property Details for 385 East Broadway

Tax ID Number
13-00071-00003
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
SALEM CITY
Total Parking Spaces
4
LISTING UPDATED: 10/18/2025 11:28 AM

Property Details for 385 East Broadway

StatusActive
MLS #NJSA2016172
Days on Market99
Taxes$5,508 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1870
Lot Size0.22 AC / 9,692 SF
CountySalem County

Location

Listing Courtesy of Vylla Home
Add your commute

Building Information for 385 East Broadway

Stories-Residences1Year Built1870Building Size-Lot Size0.22 AC / 9,692 SF

Payment Calculator

$1,571 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,112

Property Taxes

$459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 385 East Broadway

Location
Location
  • School District Name: SALEM CITY SCHOOLS
  • School District County ID: 300200396391
  • SchoolDistrictSource: Listing Agent
  • County: SALEM
  • MLS Area: Salem City (21713)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $67,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $59,300
  • City Town Tax: $0
  • Land Assessed Value: $7,700
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RESIDENTIAL
  • Tax Lot: 00003
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Leased Count: 2
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 51.00 x 190.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Backs - Open Common Area, Backs to Trees, Rear Yard
  • Parcel ID: 21907136
Parking
Parking
  • Type Of Parking: Driveway, Parking Lot
  • Parking Lot - # of Spaces: 4
  • Parking Features: Crushed Stone
Interior Features
Interior Features
  • Interior Features: Other
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Other
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Electric Available, Cable TV Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 385 East Broadway

DateEvent & SourcePriceAppreciation
Sep 8, 2025

Listed (Active)

BRIGHT #NJSA2016172

$225,000
Feb 28, 2023

Closed

BRIGHT #NJSA2003756

$150,000
Sep 9, 2022

Pending

BRIGHT #NJSA2003756

Aug 17, 2022

Listed (Active)

BRIGHT #NJSA2003756

Jun 20, 2022

Pending

BRIGHT #NJSA2003756

Jun 7, 2022

Price Change

BRIGHT #NJSA2003756

$155,000
Apr 21, 2022

Listed (Active)

BRIGHT #NJSA2003756

$160,000
Oct 23, 2021

Closed

BRIGHT #NJSA2001430

$40,000
Oct 23, 2021

Pending

BRIGHT #NJSA2001430

Oct 23, 2021

Listed (Active)

BRIGHT #NJSA2001430

$40,000
DateEvent & SourcePrice
09/08/2025

Listed (Active)

BRIGHT #NJSA2016172

$225,000
02/28/2023

Closed

BRIGHT #NJSA2003756

$150,000
09/09/2022

Pending

BRIGHT #NJSA2003756

08/17/2022

Listed (Active)

BRIGHT #NJSA2003756

06/20/2022

Pending

BRIGHT #NJSA2003756

06/07/2022

Price Change

BRIGHT #NJSA2003756

$155,000
04/21/2022

Listed (Active)

BRIGHT #NJSA2003756

$160,000
10/23/2021

Closed

BRIGHT #NJSA2001430

$40,000
10/23/2021

Pending

BRIGHT #NJSA2001430

10/23/2021

Listed (Active)

BRIGHT #NJSA2001430

$40,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 385 East Broadway

This home is within Salem City Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 8
Public - 9 to 12
Rating
School
Distance
John Fenwick Elementary School
PublicPK to 2

Salem Middle School
Public3 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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385 East Broadway is a multi-family home for sale in Salem, NJ 08079. This property was listed for sale on September 8, 2025 by Vylla Home, it's currently listed at $225,000. It has been on the market for a total of 99 days and was last sold on February 28, 2023. This listing's school district is Salem City Board Of Education School District. Nearby schools include John Fenwick Elementary School, Salem Middle School and Salem High School. 385 East Broadway is a 0-bed, 0-bath, 3,126 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vylla Home

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.