Investor special with immediate income potential! This spacious property features 5 bedrooms and 2 full bathrooms, offering plenty of room and strong rental appeal. The home is tenant-occupied, providing the opportunity for instant cash flow from day one. With its size and layout, this property is well-suited for long-term rental or value-add improvements to maximize returns. Conveniently located on East Broadway, this is a great addition to any investment portfolio.
For sale
$130,000
294 E Broadway, Salem, NJ 08079
5beds
1,856sqft
Single Family Residence
Built in 1920
6,599 Square Feet Lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
Spacious property
- 137 days |
- 112 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
jennifer Derevlany 856-466-1388,
Coldwell Banker Realty
Source: Bright MLS,MLS#: NJSA2018506
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
- Finished area above ground: 1,856
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,599 Square Feet
- Dimensions: 40.00 x 165.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130003500013
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Salem
- Municipality: SALEM CITY
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $47,200
- Annual tax amount: $4,072
- Date on market: 4/11/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,168/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $130,000+300%$70/sqft |
Source: | ||
| 9/17/2021 | Sold | $32,500-45.8%$18/sqft |
Source: | ||
| 8/31/2021 | Pending sale | $60,000$32/sqft |
Source: | ||
| 7/21/2021 | Listed for sale | $60,000$32/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08079
Nearby schools
GreatSchools rating
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.3 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 1 mi
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.4 mi
Schools provided by the listing agent
- District: Salem City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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