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Sold for $165,000
  • $165,000

    77 W Broadway, Salem, NJ 08079

    5beds
    --baths
    2,841sqft
    Duplex
    Built in 1840
    -- sqft lot
    $166,400 Zestimate®
    $58/sqft
    $1,305 Estimated rent

    Home value

    $166,400

    $143,000 - $193,000

    $1,305/mo

    Zestimate® history
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    What's special

    New vinyl windows
    **🏢 Investment Opportunity – Duplex for Sale!** 📍 **77 W Broadway, Salem, NJ 08079** **Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key updates already in place. Unit one is a 2-bedroom, 1- 2nd-floor unit that offers 2 bedrooms and 1 bathroom, with 2 more bedrooms on the 3rd floor with a bathroom. Also reinforced the structure under the 2nd floor build-out in the dining area. Whether you want to expand your rental portfolio or flip and sell, this property provides a strong foundation. 🛠 **Recent Improvements Include:** ✔ **New vinyl windows** throughout the property ✔ **Third full bathroom** added on the 3rd floor – finish work needed 📝 *Note: Due to the home’s location in Salem’s Historic District, communication with the Salem Historical Society is advised for exterior modifications and permits.* With a bit of finishing work, this property is ready to generate income or deliver value in a growing rental market. Don't miss your chance to own a piece of Salem's charm with modern potential. Potential rent for the first floor would be between $1400-1500, and the 2nd floor, $1900 or more. The garage could be rented out or turned into a laundry. 📞 **Schedule your showing today!**

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Clarke 856-469-9200,

    Exit Homestead Realty Professi,

    Listing Team: Team Rcd

    Bought with:

    NON MEMBER, 0225194075

    Non Subscribing Office

    Source: Bright MLS,MLS#: NJSA2015200MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Electric Water Heater
    Features
    • Dry Wall, Plaster Walls
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,841
    • Total interior livable area: 2,841 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Storage, Detached, Driveway
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 0.30 Acres
    • Dimensions: 55.00 x 238.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130004800020
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Asphalt, Brick, Copper Plumbing, Mixed Plumbing, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • Average
    • New construction: No
    • Year built: 1840

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Salem
    • Municipality: SALEM CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/3/2026Sold$165,000$58/sqft
    Source: Public Record Report a problem
    10/24/2025Sold$165,000-2.9%$58/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    10/22/2025Contingent$170,000$60/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    8/8/2025Price change$170,000-8.1%$60/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    7/2/2025Price change$185,000-19.6%$65/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    6/18/2025Price change$230,000-6.1%$81/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    6/9/2025Listed for sale$245,000+81.5%$86/sqft
    Source: Bright MLS #NJSA2015200 Report a problem
    1/24/2025Sold$135,000-10%$48/sqft
    Source: Bright MLS #NJSA2012928 Report a problem
    12/5/2024Pending sale$150,000$53/sqft
    Source: Bright MLS #NJSA2012928 Report a problem
    11/23/2024Contingent$150,000$53/sqft
    Source: Bright MLS #NJSA2012928 Report a problem
    11/12/2024Listed for sale$150,000-3.8%$53/sqft
    Source: Bright MLS #NJSA2012928 Report a problem
    4/3/2011Listing removed$155,900$55/sqft
    Source: ERA Preferred Realtors #5660677 Report a problem
    3/3/2011Listed for sale$155,900+73.2%$55/sqft
    Source: ERA Preferred Realtors #5660677 Report a problem
    1/23/2008Sold$90,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,520 $79,300
    2024$6,520 +4.6%$79,300
    2023$6,234 +8.3%$79,300
    2022$5,756 +2.1%$79,300
    2021$5,640 +0.6%$79,300
    2020$5,606 +34.9%$79,300
    2019$4,155 $79,300
    2018$4,155 -22.7%$79,300
    2017$5,375 -16.7%$79,300 -52.5%
    2016$6,452 +0.5%$166,900
    2015$6,419 +0.6%$166,900
    2014$6,381 +3.7%$166,900
    2012$6,155 +2.7%$166,900
    2011$5,995 +2.5%$166,900
    2010$5,852 -18.7%$166,900
    2009$7,196 $166,900 -22.6%
    2008-- $215,500
    2007-- $215,500 +217.8%
    2006-- $67,800
    2005-- $67,800
    2004-- $67,800
    2003-- $67,800
    2002-- $67,800
    2001-- $67,800

    Find assessor info on the county website

    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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