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Salem 08079
311 E BROADWAY
$89,000
House - In Contract

311 E BROADWAY

SALEM, NJ 08079
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1168 Sqft
$438
Estimated Monthly

About This Property

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.
Unit Size
1,168Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$76
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
-
Last updated: 11 days ago (Bright MLS #NJSA2009398)

Price History

Date / Event Date Event Price
May 17, 2024 In contract -
In contract
May 9, 2024 Price Decreased $89,000
↓ $10K (10.1%)
Price Decreased
Feb 21, 2024 Price Decreased $99,000
↓ $16K (13.9%)
Price Decreased
Dec 12, 2023 Price Decreased $115,000
↓ $5K (4.2%)
Price Decreased
Nov 13, 2023 Listed by Compass New Jersey, LLC - Moorestown $120,000
Listed by Compass New Jersey, LLC - Moorestown
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Property Highlights

Parking Details
Parking Features: On Street
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 2

Bathroom Information

Full Bathrooms on 1st Upper Level: 1

Interior Information

Living Area Square Feet Source: Assessor

Basement Information

Has Basement
Unfinished

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,149 ft²
$64/ft²
$73,000 Jul 20, 2023
$73,000 Oct 27, 2023
-
House
3 Beds
2 Baths
1,401 ft²
$46/ft²
$65,000 May 4, 2015
$65,000 Sep 28, 2016
-
House
3 Beds
2 Baths
1,534 ft²
$88/ft²
$135,000 Apr 6, 2022
$135,000 Jun 10, 2022
-
House
3 Beds
2 Baths
1,652 ft²
$47/ft²
$77,900 May 20, 2022
$77,900 Jul 29, 2022
-
House
3 Beds
2 Baths
1,686 ft²
$50/ft²
$85,000 May 24, 2013
$85,000 Aug 30, 2013
-
House
3 Beds
1 Bath
884 ft²
$99/ft²
$87,900 Oct 6, 2020
$87,900 Oct 30, 2020
-
House
2 Beds
1 Bath
1,015 ft²
$96/ft²
$97,000 Mar 2, 2024
-
$185/mo
House
2 Beds
1 Bath
1,001 ft²
$95/ft²
$95,000 Jul 30, 2023
-
$185/mo
House
2 Beds
1 Bath
888 ft²
$105/ft²
$93,500 Jan 25, 2024
-
$185/mo
House
3 Beds
2 Baths
1,713 ft²
$52/ft²
$89,000 May 5, 2024
-
-
House
3 Beds
1 Bath
1,444 ft²
$62/ft²
$90,000 Feb 20, 2024
-
-
House
4 Beds
2 Baths
1,760 ft²
$48/ft²
$85,300 May 8, 2024
-
-

About Salem


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Nearby Rentals

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Frequently Asked Questions

When was property at 311 Broadway Road built and last sold?
The property at 311 Broadway Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 311 Broadway Road is $120,690.
What are some comparable homes to 311 Broadway Road?
Homes that are comparable to 311 Broadway Road include a house property at 183 East Broadway, 116 8th Street, 4 Walnut Street.

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