$145,000

264 E Broadway Salem, NJ 08079

Estimated payment $1,047/month

Total Views 4,109
3 Beds
1.5 Baths
1,584 Sq Ft
$92 Price per Sq Ft

Highlights

  • Wood Flooring
  • Living Room
  • Dining Room
  • No HOA
  • More Than Two Accessible Exits
  • Property is in very good condition

About This Home

Renovated & Move-In Ready — All for Under $150,000! Don’t wait on this one! A home at this price could mean a monthly mortgage payment far lower than rent for a 3-bedroom 1.5 bathroom home in today’s market. In fact, fair-market rent for a 3-bedroom in Salem County easily reaches $1,750 — making this an incredible deal whether you’re an investor seeking a strong cash-flowing property or an owner-occupant searching for the perfect starter home! This property has undergone extensive renovations, including 22 new windows, updated plumbing and electrical, modern lighting, a high-efficiency Weil-McLain gas boiler with new baseboard heating, a Rinnai tankless gas water heater, along with an upgraded kitchen and bathrooms with new flooring, some original hardwood flooring, and fresh paint throughout. Outside, you’ll find a covered front porch, a partially fenced backyard, and a concrete driveway accommodating up to two vehicles — perfect for convenience and comfort. This amazing opportunity won’t last long! For Investors, this price equates to a 15% ROI.

Listing Agent

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 11/08/2025

EXP Realty, LLC

Co-Listing Agent

Jenn Satero

jennsatero.exprealty@gmail.com EXP Realty, LLC License #2440760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1900 | Remodeled in 2025

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 175.00
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Frame Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 13-00028-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1900 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 11/8/2025 12:00:00 AM
  • Year Built: 1900
  • Year Renovated: 2025
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 3, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 91.54
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Lot Size Acres: 0.16
  • Lot Dimensions: 40.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Property Condition: Very Good
  • Zoning: R

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3400.00
  • Assessor Parcel Number: 13-00028-00022
  • Tax Lot: 00022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $3,289 $40,000 $7,900 $32,100
2024 $3,144 $40,000 $7,900 $32,100
2023 $3,144 $40,000 $7,900 $32,100
2022 $3,007 $40,000 $7,900 $32,100
2021 $3,374 $46,500 $7,900 $38,600
2020 $3,307 $46,500 $7,900 $38,600
2019 $3,287 $46,500 $7,900 $38,600
2018 $3,215 $46,500 $7,900 $38,600
2017 $3,176 $46,500 $7,900 $38,600
2016 $2,675 $68,300 $17,000 $51,300
2015 $2,640 $68,300 $17,000 $51,300
2014 $2,627 $68,300 $17,000 $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2025 11/08/25 For Sale $145,000 +190.0% $92 / Sq Ft
11/01/2024 11/01/24 Sold $50,000 0.0% $32 / Sq Ft View Prior Sale
10/11/2024 10/11/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $50,000 +81.8% $32 / Sq Ft
06/12/2020 06/12/20 Sold $27,500 -32.1% $15 / Sq Ft View Prior Sale
05/01/2020 05/01/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $40,500 +26.6% $23 / Sq Ft
12/21/2012 12/21/12 Sold $32,000 -20.0% $20 / Sq Ft View Prior Sale
11/24/2012 11/24/12 Pending -- -- --
11/23/2012 11/23/12 For Sale $40,000 -- $25 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $50,000 Westcor Land Title
Deed $50,000 Westcor Land Title
Deed $265,000 Dominion Ttl Svcs Bridgeton
Deed $27,500 Dominion Ttl Svcs Bidgeton I
Deed $37,000 Salem Oak Title Agency Inc
Source: Public Records

Source: Bright MLS

MLS Number: NJSA2016826

Bright MLS

APN: 13-00028-0000-00022