NOT LISTED FOR SALE

250 E Broadway Salem, NJ 08079

Salem Area
Studio
2 Baths
-- Sq Ft
7,448 Sq Ft Lot

Sale Details

Date Sold: August 11, 2022

Last sale price $50,000 $0 Per Sq Ft

134 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Dwelling with Separate Living Area

About This Home

As of August 2022

Great opportunity to own mixed use property in Salem. First floor rented by barber. 2nd floor for residential. Great opportunity to become an investor or expand your portfolio. Detached garage and ample parking in the back

Last Agent to Sell the Property

Marc Pollak

(302) 738-2300 vicki@kwempower.com Empower Real Estate, LLC License #5011076 Listed on: 02/09/2022

Empower Real Estate, LLC

Last Buyer's Agent

Pamela Davis

(856) 825-5500 pamela@exitrealtydefined.com DePalma Realty License #2292785

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,448 Sq Ft Lot
  • Lot Dimensions are 38.00 x 196.00

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 13-00028-00017

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

7,448 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Dwelling W/Separate Living Area
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-02-09
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55000.00
  • Land Assessed Value: 41400.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 38.00 x 196.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7448.00
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 21906115
  • Tax Annual Amount: 6996.00
  • Assessor Parcel Number: 13-00028-00017
  • Tax Lot: 00017
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Jul 29, 2022
Sold by
Bought by
Seller's Agent
Marc Pollak
Empower Real Estate, LLC
Buyer's Agent
Pamela Davis
DePalma Realty
List Price
$90,000
Sold Price
$50,000
Premium/Discount to List
-$40,000
-44.44%

Purchase Details

Closed on
Sep 6, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 Landis Title
$15,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $50,000 -23.1% --
06/24/2022 06/24/22 Pending -- -- --
05/17/2022 05/17/22 Price Changed $65,000 -13.3% --
03/09/2022 03/09/22 Price Changed $75,000 -11.8% --
03/02/2022 03/02/22 Price Changed $85,000 -5.6% --
02/09/2022 02/09/22 For Sale $90,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,317 $96,400 $41,400 $55,000
2025 $8,317 $96,400 $41,400 $55,000
2024 $7,578 $96,400 $41,400 $55,000
2023 $7,578 $96,400 $41,400 $55,000
2022 $7,246 $96,400 $41,400 $55,000
2021 $6,997 $96,400 $41,400 $55,000
2020 $6,856 $96,400 $41,400 $55,000
2019 $6,815 $96,400 $41,400 $55,000
2018 $6,665 $96,400 $41,400 $55,000
2017 $6,584 $96,400 $41,400 $55,000
2016 $5,153 $131,600 $97,100 $34,500
2015 $5,088 $131,600 $97,100 $34,500
2014 $5,061 $131,600 $97,100 $34,500
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJSA2002806

Bright MLS

APN: 13-00028-0000-00017

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