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Sold for $238,000
  • $238,000

    385 Broadway #387, Salem, NJ 08079

    5beds
    --baths
    3,126sqft
    Duplex
    Built in 1870
    -- sqft lot
    $249,800 Zestimate®
    $76/sqft
    $1,524 Estimated rent

    Home value

    $249,800

    $160,000 - $390,000

    $1,524/mo

    Zestimate® history
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    What's special

    Eat-in kitchenDriveway with rear parkingStreet parkingBasement storageDining roomLarge great room
    Investor Alert – Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: 🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage 🔹 Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas 🔹 Driveway with Rear Parking + Street Parking 🔹 Both Units Rented to Cash-Paying Tenants Recent Improvements: ✅ Newer Furnaces in both units ✅ Newer Carpets & Fresh Paint throughout ✅ Newer Roof – major systems updated and ready for long-term holding Tenants are in place and pay on time Property is being sold as-is Ideal for investors or owner-occupants Strong cash flow from Day 1 Don’t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Boysen 609-670-5109,

    Vylla Home

    Bought with:

    Joanna Fitzpatrick, 2220570

    HomeSmart First Advantage Realty

    Source: Bright MLS,MLS#: NJSA2016172MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total structure area: 3,126
    • Total interior livable area: 3,126 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Crushed Stone, Driveway, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Exterior features: Other
    • Pool features: None
    Lot
    • Size: 9,692 Square Feet
    • Dimensions: 51.00 x 190.00
    • Features: Backs - Open Common Area, Backs to Trees, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130007100003
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available

    Community & HOA

    Location
    • Region: Salem
    • Municipality: SALEM CITY

    Financial & listing details

    • Price per square foot: $76/sqft
    • Tax assessed value: $67,000
    • Annual tax amount: $5,508
    • Date on market: 9/8/2025
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/17/2026Sold$238,000+5.8%$76/sqft
    Source: Bright MLS #NJSA2016172 Report a problem
    1/4/2026Pending sale$225,000$72/sqft
    Source: Bright MLS #NJSA2016172 Report a problem
    10/18/2025Listed for sale$225,000+50%$72/sqft
    Source: Bright MLS #NJSA2016172 Report a problem
    2/28/2023Sold$150,000-3.2%$48/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    9/9/2022Pending sale$155,000$50/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    8/17/2022Listed for sale$155,000$50/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    6/20/2022Pending sale$155,000$50/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    6/7/2022Price change$155,000-3.1%$50/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    4/21/2022Listed for sale$160,000+300%$51/sqft
    Source: Bright MLS #NJSA2003756 Report a problem
    10/23/2021Sold$40,000$13/sqft
    Source: Bright MLS #NJSA2001430 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08079

    Nearby schools

    GreatSchools rating
    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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