• 311 E Broadway SALEM, NJ 08079

  • $99,000
  • 2
    Bed(s)
  • 1.0
    Baths
  • 1,168
    Sq Ft
  • 2178
    Sqft

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 Type :

Residential

Subdivision :

None Available

County :

SALEM

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Master Bedroom Level: 0

Total Bedroom (Upper): 2

Bedroom Upper Level 1: 2

Bathroom Information

Total Baths: 1

Full Baths: 1

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Unfinished

Heating & Cooling

Cooling: None

Heating: Forced Air

Cooling Fuel: None

Heating Fuel: Oil

Building Information

Year Built: 1900

Structure: Twin/Semi-Detached

New Construction: No

Built: 1900

Construction Material: Aluminum Siding

Foundation/Basement: Stone

Architecture: Traditional

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Other

Lot Information

Lot Size: 2,178

Dimensions: 17.00 x 128.00

Lot Size (Acres): 0.05

Architectural Style: Traditional

Main Square Feet: 2,178

Property Information

SQ ft: 1,168

SQ ft (Living Area): 1,168

Total Lot SQ ft: 2,178

Subdivision: NONE AVAILABLE

Financing: Conventional,Cash

Appx. Lot Dimensions: 17.00 x 128.00

Total Acreage: 0.05

New Construction: No

Type: Traditional

Listing Information

Possession: Negotiable

Days Of Market: 140

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $1,682

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $21,400

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Conventional,Cash

Homeowners Association Information

Direction: Adjacent to Jackson

School Information

School District: SALEM CITY SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Oil

Hot Water: Other

Location Information

Direction: Adjacent to Jackson

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
BLOCK 53 LOTS 25.02/26 .., Salem, NJ,08079 $1,375,000 -- -- 4,869,572 4869572.4 Sqft
Tilbury Road , Salem, NJ,08079 $25,000 -- -- 17,498 17498 Sqft
183 E Broadway #C20, Salem, NJ,08079 $95,000 2 1 1,001 --
158 W Broadway , Salem, NJ,08079 $164,900 -- -- -- 1124 Sqft
46 Walnut Street , Salem, NJ,08079 $92,000 5 2.5 -- --
36 Cream Ridge Road , Salem, NJ,08079 $995,000 3 2.0 1,864 --
59 Chestnut Street , Salem, NJ,08079 $150,000 4 1.5 1,416 5001 Sqft
2 New Bridge Road #B9, Salem, NJ,08079 $69,000 3 2.0 -- --
36 Elm Street , Salem, NJ,08079 $75,000 2 1.0 600 3598 Sqft
8 Acton Station Road , Salem, NJ,08079 $460,600 3 2.0 1,872 281398 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 19:42

MLS: NJSA2009398
LISTED BY: Jennifer J Rothenberger , Compass New Jersey, LLC - Moorestown
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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