349 East Broadway
$85,000
5
2
2,348
2,348
$36
Description
Calling investors! Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the heart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence. On the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with...Calling investors! Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the heart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence. On the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. The fully equipped kitchen makes this floor ideal for family living or rental income generation. The second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. This floor also features a screened-in porch overlooking the backyard. The property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. Additionally, a bonus subdivided lot (Block 00069 Lot 00051) is included, offering exciting possibilities for future development or expansion. Currently tenant-occupied, this property is generating $1,100 per month through a HUD-supported month-to-month lease, with the potential for increased rental income. The flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns. Don't miss out on this unique opportunity to invest in a property with substantial income potential and future growth. Contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!
- Listed by Delicia Sample • Weichert Realtors-HaddonfieldP: (856)-203-5166 deliciasamplere@gmail.com
Property Details for 349 East Broadway
Tax ID Number
13-00069-00002
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleColonial
Levels/Stories2
WaterfrontNo
LISTING UPDATED: 11/01/2024 09:32 AM
Property Details for 349 East Broadway
Status | Active |
---|---|
MLS # | NJSA2012030 |
Days on Market | 116 |
Taxes | $3,980 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1890 |
Lot Size | 0.17 AC / 7,524 SF |
County | Salem County |
Building Information for 349 East Broadway
Stories2Year Built1890Building Size-Lot Size0.17 AC / 7,524 SF
Property Information for 349 East Broadway
Property History for 349 East Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 349 East Broadway
Taxable ValueLand$7,400Additions$42,600Total$50,000
Tax Record2023$3,930 ($328 / month)
Home Facts
Beds0Total Finished SqFt2,348 SqFtAbove Grade Finished SqFt2,348 SqFtLot Size7,523 SqFtStyleSingle Family ResidenceYear Built1890CountySALEMAPN13 00069-0000-00002
Schools near 349 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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