349 East Broadway

Salem, NJ 08079

$85,000
Price
5
Beds
2
Baths
2,348 Sq. Ft.
$36 / Sq. Ft.
2,348
Sq. Ft.
$36
per Sq. Ft.

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!
  1. Listed by Delicia Sample • Weichert Realtors-Haddonfield
    P: (856)-203-5166 deliciasamplere@gmail.com

Property Details for 349 East Broadway

Tax ID Number
13-00069-00002
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 11/01/2024 09:32 AM

Property Details for 349 East Broadway

StatusActive
MLS #NJSA2012030
Days on Market116
Taxes$3,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1890
Lot Size0.17 AC / 7,524 SF
CountySalem County

Building Information for 349 East Broadway

Stories2Year Built1890Building Size-Lot Size0.17 AC / 7,524 SF

Property Information for 349 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2019
  • Tax Assessed Value: $56,300
  • Year Assessed: 2019
  • County Tax: $0
  • Improvement Assessed Value: $48,900
  • City Town Tax: $0
  • Land Assessed Value: $7,400
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Historic: No
  • Zoning: RES
  • Tax Lot: 00002
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
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
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2, Screened Porch
  • Stories: Main, Upper 1
Rooms Information
Room 1
  • Room Type: Screened Porch
  • Room Level: Upper 1
  • Room Exists: Yes
Room 2
  • Room Type: Kitchen
  • Room Level: Upper 1
  • Room Exists: Yes
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Family Room
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Bathroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Room 7
  • Room Type: Bedroom 4
  • Room Level: Upper 1
  • Room Exists: Yes
Room 8
  • Room Type: Bedroom 5
  • Room Level: Upper 1
  • Room Exists: Yes
Room 9
  • Room Type: Bedroom 1
  • Room Level: Main
  • Room Exists: Yes
Room 10
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Exists: Yes
Room 11
  • Room Type: Bedroom 3
  • Room Level: Main
  • Room Exists: Yes
Room 12
  • Room Type: Bathroom 1
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: 2,348.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Fencing: Fully
  • Parcel ID: 21907047
Parking
Parking
  • Type Of Parking: On Street, Alley
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Brick, Wood
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Accessibility Features: None
  • Laundry Type: Main Floor
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Above Ground
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS

Property History for 349 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 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.

Similar Homes

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349 East Broadway is a single family home for sale in Salem, NJ 08079. This property was listed for sale on August 24, 2024 by Weichert Realtors-Haddonfield, it's currently listed at $85,000. It has been on the market for a total of 116 days and was last sold on September 20, 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. 349 East Broadway is a 5-bed, 2-bath, 2,348 sqft single family home built in 1890.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors-Haddonfield

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.