87 West Broadway

Salem, NJ 08079

$150,000
Last Sold Price
Beds
3,152 Sq. Ft.
$48 / Sq. Ft.
3,152
Sq. Ft.
$48
per Sq. Ft.

Description

Owner wants to retire and is calling on all investors! Seller may consider owner financing for qualified candidate. This is an income producing property which consists of a large side-by-side duplex that are both currently occupied by long term tenants. Both units are on a month-to-month basis. Each unit has 2 large bedrooms, 1 full bath upstairs and a half a bath downstairs with a living room, dining room and kitchen. Both sides have a fireplace that has been closed but still provides the ambiance...Owner wants to retire and is calling on all investors! Seller may consider owner financing for qualified candidate. This is an income producing property which consists of a large side-by-side duplex that are both currently occupied by long term tenants. Both units are on a month-to-month basis. Each unit has 2 large bedrooms, 1 full bath upstairs and a half a bath downstairs with a living room, dining room and kitchen. Both sides have a fireplace that has been closed but still provides the ambiance of home. Long term tenants produce a gross income of $1895 per month. Additionally the neighbor is paying $30 per month for parking on the property. . The one side of the house is oil heat, the other side is gas heat with the gas heater less than 4 years old. Both units are fully licensed with approved certificate of occupancy The roof was just replaced last year with a brand new 40-year roof. Tenant are paying their own water, sewer, trash, heat and electric. Purchaser to assume current lease. Situated on a large lot with ample parking. Please do not approach tenants. Property is listed strictly in As-IS condition. Listing agent is a family member of the seller.
  1. Listed by Gabriele E Steffen • BHHS Fox & Roach-Mullica Hill South
    P: 6092210130 dagasteffen@comcast.net

Property Details for 87 West Broadway

Tax ID Number
13-00052-00004
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Victorian
Waterfront
No
Views
Garden/Lawn
Garage
No

Location

Listing Courtesy of BHHS Fox & Roach-Mullica Hill South

Sold By EXP Realty, LLC

Add your commute
LISTING UPDATED: 07/26/2023 12:05 AM

Property Details for 87 West Broadway

StatusClosed
MLS #NJSA2000462
Days on Market53
Taxes$4,015 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.00 AC / 0 SF
CountySalem County

Location

Listing Courtesy of BHHS Fox & Roach-Mullica Hill South

Sold By EXP Realty, LLC

Add your commute

Building Information for 87 West Broadway

Stories-Residences2Year Built1880Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$1,153 per month

30 year fixed, 7.25% Interest

Principal and Interest

$819

Property Taxes

$335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 87 West Broadway

Location
Location
  • School District Name: SALEM COUNTY PUBLIC SCHOOLS
  • School District County ID: 300204230017
  • 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
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $56,800
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $46,600
  • City Town Tax: $0
  • Land Assessed Value: $10,200
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RESIDENTIAL
  • Tax Lot: 00004
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $1,750
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 2
  • Rent Control: No
Financial Information
Financial Information
  • Gross Income: $22,740
  • Annual Rental Income: $22,740
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 3,152.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 21906595
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 7
Interior Features
Interior Features
  • Fireplaces Count: 0
  • 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: Natural Gas, Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 87 West Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 87 West 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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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.

Listing Courtesy of BHHS Fox & Roach-Mullica Hill South

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.