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.
Sold for $83,000
$83,000
311 E Broadway, Salem, NJ 08079
2beds
1,168sqft
Single Family Residence
Built in 1900
2,178 Square Feet Lot
$111,000 Zestimate®
$71/sqft
$1,546 Estimated rent
Home value
$111,000
$92,000 - $130,000
$1,546/mo
Zestimate® history
Owner options
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$1,546/mo
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$1,546/mo
Rent Zestimate®
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$531/mo
Est. payment
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$531/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jennifer Rothenberger 856-322-2964,
Compass New Jersey, LLC - Moorestown
Bought with:
Christina Baker
Pino Agency
Source: Bright MLS,MLS#: NJSA2009398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,168
- Total interior livable area: 1,168 sqft
- Finished area above ground: 1,168
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,178 sqft
- Dimensions: 17.00 x 128.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130006500026
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
- Subdivision: None Available
- Municipality: SALEM CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2024 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Price change | $1,650-5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/31/2024 | Listed for rent | $1,750+59.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2024 | Sold | $83,000-6.7%$71/sqft |
Source:  Bright MLS #NJSA2009398 Report a problem | ||
| 5/30/2024 | Pending sale | $89,000$76/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 5/17/2024 | Contingent | $89,000$76/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 5/9/2024 | Price change | $89,000-10.1%$76/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 1/31/2024 | Price change | $99,000-13.9%$85/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 11/29/2023 | Price change | $115,000-4.2%$98/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 11/14/2023 | Listed for sale | $120,000+500%$103/sqft |
Source: Bright MLS #NJSA2009398 Report a problem | ||
| 8/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/19/2023 | Price change | $1,100-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/3/2023 | Price change | $1,150-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Price change | $1,200-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/16/2023 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2021 | Sold | $20,000-42.9%$17/sqft |
Source: Bright MLS #NJSA2001342 Report a problem | ||
| 10/21/2021 | Pending sale | $35,000$30/sqft |
Source: Bright MLS #NJSA2001342 Report a problem | ||
| 10/7/2021 | Listed for sale | $35,000+253.5%$30/sqft |
Source: Bright MLS #NJSA2001342 Report a problem | ||
| 12/6/2013 | Sold | $9,900$8/sqft |
Source: Public Record Report a problem | ||
| 10/5/2013 | Price change | $9,900-33.6%$8/sqft |
Source: CENTURY 21 Hughes-Riggs Realty, Inc #6272052 Report a problem | ||
| 8/31/2013 | Listed for sale | $14,900-80.1%$13/sqft |
Source: Century 21 Hughes-Riggs Realty, Inc. #6272052 Report a problem | ||
| 7/12/2013 | Listing removed | $75,000$64/sqft |
Source: American Dream Realty of South Jersey #6233030 Report a problem | ||
| 6/12/2013 | Listed for sale | $75,000+226.1%$64/sqft |
Source: American Dream Realty of South Jersey #6233030 Report a problem | ||
| 7/29/2004 | Sold | $23,000+70.4%$20/sqft |
Source: Public Record Report a problem | ||
| 3/26/1996 | Sold | $13,500$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,760 | $21,400 |
| 2024 | $1,760 +4.6% | $21,400 |
| 2023 | $1,682 +8.3% | $21,400 |
| 2022 | $1,553 +2.1% | $21,400 |
| 2021 | $1,522 +0.6% | $21,400 |
| 2020 | $1,513 +34.9% | $21,400 |
| 2019 | $1,121 | $21,400 |
| 2018 | $1,121 -23.3% | $21,400 |
| 2017 | $1,462 +2.7% | $21,400 -41.8% |
| 2016 | $1,423 +0.5% | $36,800 |
| 2015 | $1,415 +0.6% | $36,800 |
| 2014 | $1,407 +3.7% | $36,800 |
| 2012 | $1,357 +2.7% | $36,800 |
| 2011 | $1,322 +2.5% | $36,800 |
| 2010 | $1,290 +5% | $36,800 |
| 2009 | $1,229 | $36,800 |
| 2008 | -- | $36,800 |
| 2007 | -- | $36,800 +50.2% |
| 2006 | -- | $24,500 |
| 2005 | -- | $24,500 |
| 2004 | -- | $24,500 |
| 2003 | -- | $24,500 |
| 2002 | -- | $24,500 |
| 2001 | -- | $24,500 |
Find assessor info on the county website
Neighborhood: 08079
Nearby schools
GreatSchools rating
- 3/10Salem Middle SchoolGrades: 3-8Distance: 0.3 mi
- 5/10Salem High SchoolGrades: 9-12Distance: 0.9 mi
- NAJohn Fenwick Elementary SchoolGrades: PK-2Distance: 0.3 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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- New Jersey
- Salem County
- Salem
- 08079
- 311 E Broadway
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