311 East Broadway

Salem, NJ 08079

$99,000
Price
2
Beds
1
Bath
1,168 Sq. Ft.
$85 / Sq. Ft.
1,168
Sq. Ft.
$85
per Sq. Ft.

Description

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...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.

Property Details for 311 East Broadway

Tax ID Number
13-00065-00026
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Twin/Semi-Detached
Style
Traditional
Levels/Stories
2
Furnished
No

Location

Add your commute
LISTING UPDATED: 03/30/2024 01:41 AM

Property Details for 311 East Broadway

StatusActive
MLS #NJSA2009398
Days on Market175
Taxes$1,682 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1900
Lot Size0.05 AC / 2,178 SF
CountySalem County

Location

Add your commute

Building Information for 311 East Broadway

Stories2Residences-Year Built1900Lot Size0.05 AC / 2,178 SF

Payment Calculator

$680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$540

Property Taxes

$140

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 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
Association / Community Info
Association / Community Info
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $21,400
  • Year Assessed: 2023
  • Improvement Assessed Value: $15,800
  • Land Assessed Value: $5,600
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RES
  • Tax Lot: 00026
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 0
  • # Bathrooms Full Main Level: 0
All Upper Levels
  • # Bedrooms Count All Upper Levels: 2
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 1,168.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 128.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 21906941
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Oil
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.jensellssj.com

Property History for 311 East Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 311 East Broadway

Taxable ValueLand$5,600Additions$15,800Total$21,400
Tax Record2022$1,609 ($134 / month)
Home Facts
Beds0Total Finished SqFt1,168 SqFtAbove Grade Finished SqFt1,168 SqFtLot Size2,178 SqFtStyleSingle Family ResidenceYear Built1900CountySALEMAPN13 00065-0000-00026

Schools near 311 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.

Similar Homes

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311 East Broadway is a townhouse for sale in Salem, NJ 08079. This property was listed for sale on November 13, 2023, it's currently listed at $99,000. It has been on the market for a total of 175 days and was last sold on November 30, 2021. 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. 311 East Broadway is a 2-bed, 1-bath, 1,168 sqft townhouse built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.