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
- 87 days |
- 132 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
jennifer Derevlany 856-466-1388,
Coldwell Banker Realty
Source: Bright MLS,MLS#: NJSA2018506
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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
Not available
Estimated sales range
Not available
$2,371/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$32/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Salem County
- Salem
- 08079
- 294 E Broadway








