311 E Broadway Salem, NJ 08079
Salem Neighborhood
2
Beds
1
Bath
1,168
Sq Ft
2,178
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating System
About This Home
As of June 2024Investor Special! This centrally located home at 311 E Broadway in Salem, NJ presents an incredible opportunity for investors. Currently tenant-occupied with a lease in place until 8/31/2024 and a reliable tenant paying $1165 in rent, this property offers immediate income potential. Photos taken prior to tenant occupancy. It is currently occupied.
The updated interior features new Luxury Vinyl Plank flooring, fresh paint, and ample natural light, creating an attractive space for tenants. With a well-maintained lease in place and a tenant in good standing, this property provides a hassle-free investment opportunity.
Conveniently located near town amenities and public transportation, this property is an ideal addition to any investor's portfolio. Don't miss out on the chance to acquire a turnkey investment with a reliable rental income. Schedule a showing today and seize the opportunity to add this income-generating property to your portfolio.
Last Agent to Sell the Property
Compass New Jersey, LLC - Moorestown License #RS370988
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,682
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 17.00 x 128.00
Parking
- On-Street Parking
Home Design
- Semi-Detached or Twin Home
- Traditional Architecture
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 1,168 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Oil
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00026
- Assessor Parcel Number 13-00065-00026
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $83,000 | -6.7% | $71 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | Price Changed | $89,000 | -10.1% | $76 / Sq Ft |
| 01/31/2024 01/31/24 | Price Changed | $99,000 | -13.9% | $85 / Sq Ft |
| 11/29/2023 11/29/23 | Price Changed | $115,000 | -4.2% | $98 / Sq Ft |
| 11/13/2023 11/13/23 | For Sale | $120,000 | +500.0% | $103 / Sq Ft |
| 11/30/2021 11/30/21 | Sold | $20,000 | -42.9% | $17 / Sq Ft |
| 11/13/2021 11/13/21 | Price Changed | $35,000 | 0.0% | $30 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $35,000 | +253.5% | $30 / Sq Ft |
| 11/13/2013 11/13/13 | Sold | $9,900 | 0.0% | $8 / Sq Ft |
| 10/29/2013 10/29/13 | Pending | -- | -- | -- |
| 10/03/2013 10/03/13 | Price Changed | $9,900 | -33.6% | $8 / Sq Ft |
| 08/29/2013 08/29/13 | For Sale | $14,900 | -- | $13 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $1,682 | $21,400 | $5,600 | $15,800 |
| 2023 | $1,682 | $21,400 | $5,600 | $15,800 |
| 2022 | $1,609 | $21,400 | $5,600 | $15,800 |
| 2021 | $1,553 | $21,400 | $5,600 | $15,800 |
| 2020 | $1,522 | $21,400 | $5,600 | $15,800 |
| 2019 | $1,513 | $21,400 | $5,600 | $15,800 |
| 2018 | $1,480 | $21,400 | $5,600 | $15,800 |
| 2017 | $1,462 | $21,400 | $5,600 | $15,800 |
| 2016 | $1,441 | $36,800 | $15,700 | $21,100 |
| 2015 | $1,423 | $36,800 | $15,700 | $21,100 |
| 2014 | $1,415 | $36,800 | $15,700 | $21,100 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $63,691 | New Conventional | |
| Previous Owner | $61,500 | New Conventional | |
| Previous Owner | $57,000 | Unknown | |
| Previous Owner | $30,400 | Purchase Money Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $79,614 | Old Republic Title | |
| Deed | $20,000 | Dominion Ttl Svcs Bridgeton | |
| Deed | $9,900 | Guardian Title Services Llc | |
| Sheriffs Deed | -- | -- | |
| Bargain Sale Deed | $23,000 | Salem Oak Title Agency Inc | |
| Deed | $13,500 | West Jersey Title Agency | |
| Deed | -- | -- |
Source: Public Records
Similar Home in Salem, NJ
Source: Bright MLS
MLS Number: NJSA2009398
APN: 13-00065-0000-00026
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