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Off market
  • Tax assessed value
    $56,800

    87-89 West Broadway, Salem, NJ 08079

    2beds
    0baths
    3,152sqft
    MultiFamily
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $18/sqft
    $1,322 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,322/mo

    Zestimate® history
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    What's special

    Owner wants to retire and is calling on all investors! Seller may consider owner financing for qualified candidate. This is an income producing property which consists of a large side-by-side duplex that are both currently occupied by long term tenants. Both units are on a month-to-month basis. Each unit has 2 large bedrooms, 1 full bath upstairs and a half a bath downstairs with a living room, dining room and kitchen. Both sides have a fireplace that has been closed but still provides the ambiance of home. Long term tenants produce a gross income of $1895 per month. Additionally the neighbor is paying $30 per month for parking on the property. . The one side of the house is oil heat, the other side is gas heat with the gas heater less than 4 years old. Both units are fully licensed with approved certificate of occupancy The roof was just replaced last year with a brand new 40-year roof. Tenant are paying their own water, sewer, trash, heat and electric. Purchaser to assume current lease. Situated on a large lot with ample parking. Please do not approach tenants. Property is listed strictly in As-IS condition. Listing agent is a family member of the seller. 2021-09-09

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,152 sqft

    Property

    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 1300052000000004

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1880

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $18/sqft
    • Tax assessed value: $56,800
    • Annual tax amount: $4,670

    Price history

    DateEventPrice
    3/25/2026Listing removed$259,000$82/sqft
    Source: OneKey® MLS as distributed by MLS GRID #928837 Report a problem
    11/1/2025Price change$259,000+99.2%$82/sqft
    Source: OneKey® MLS as distributed by MLS GRID #928837 Report a problem
    10/27/2025Listed for sale$130,000-13.3%$41/sqft
    Source: OneKey® MLS as distributed by MLS GRID #928837 Report a problem
    11/8/2021Sold$150,000-6.3%$48/sqft
    Source: Public Record Report a problem
    9/9/2021Pending sale$160,000$51/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJSA2000462 Report a problem
    7/19/2021Listed for sale$160,000+301%$51/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJSA2000462 Report a problem
    7/23/2015Listing removed$910
    Source: American Dream Realty of SJ #6551705 Report a problem
    6/19/2015Price change$910+1.1%
    Source: American Dream Realty of SJ #6551705 Report a problem
    5/15/2015Price change$900-2.7%
    Source: American Dream Realty of South Jersey, LLC #6551705 Report a problem
    4/21/2015Listed for rent$925
    Source: American Dream Realty of South Jersey, LLC #6551705 Report a problem
    8/22/2014Listing removed$925
    Source: American Dream Realty of South Jersey, LLC #6416143 Report a problem
    8/9/2014Price change$925+2.8%
    Source: American Dream Realty of South Jersey, LLC #6416143 Report a problem
    7/9/2014Price change$900-5.3%
    Source: American Dream Realty of South Jersey, LLC #6416143 Report a problem
    7/1/2014Listed for rent$950
    Source: American Dream Realty of South Jersey, LLC #6416143 Report a problem
    5/1/2014Listing removed$39,900$13/sqft
    Source: American Dream Realty of South Jersey #6362124 Report a problem
    4/3/2014Listed for sale$39,900$13/sqft
    Source: American Dream Realty of South Jersey #6362124 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,670 $56,800
    2024$4,670 +4.6%$56,800
    2023$4,465 +8.3%$56,800
    2022$4,123 +2.1%$56,800
    2021$4,040 +0.6%$56,800
    2020$4,015 +81.4%$56,800
    2019$2,214 $56,800
    2018$2,214 -32.3%$56,800 +3.3%
    2017$3,272 -34.6%$55,000 -57.5%
    2016$5,003 +0.5%$129,400
    2015$4,977 +0.6%$129,400
    2014$4,947 +3.7%$129,400
    2012$4,772 +2.7%$129,400
    2011$4,648 +2.5%$129,400
    2010$4,537 +5%$129,400
    2009$4,321 $129,400
    2008-- $129,400
    2007-- $129,400 +102.5%
    2006-- $63,900
    2005-- $63,900
    2004-- $63,900
    2003-- $63,900
    2002-- $63,900
    2001-- $63,900
    Find assessor info on the county website

    Neighborhood: 08079

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: John Fenwick School
    • High: Salem
    • District: Salem City

    Source: The 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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