Seller's Agent in 2024
Carlo Drogo
EXP Realty, LLC
(856) 333-3760
12 in this area
620 Total Sales
Studio
--
Bath
4,362
Sq Ft
5,663
Sq Ft Lot
Highlights
- Porch
- Window Unit Cooling System
- Electric Baseboard Heater
About This Home
As of March 2024MAJOR PRICE REDUCTION IN SALEM, NJ! *** Hey there, are you ready to milk some profits in Salem County? I've got just the thing for you - a cash-cow opportunity that you won't want to miss! Are you on the lookout for a prime investment opportunity in Salem County? Well, what are you waiting for? Grab your overalls and let's get to work! Look no further than this exceptional 6-unit property, which promises to be your next cash cow! This property features six residential apartments, with three units currently rented on a month-to-month basis, and the other three recently vacated and ready for renovation to stabilize the rent in the building. Each unit boasts separate electric meters and utilities with electric baseboard heating. The property comprises of SIX 1-bedroom units, offering versatility and variety. You can easily tour the vacant Units 3, 4, and 6 with your Realtor. The occupied Units: Unit-1 ($650/mo), Unit-2 ($600/mo), and Unit-5 ($745/mo) - are long-term month-to-month tenants and current on rent, but may not grant access. Two of the vacant units are ready for a clean slate, while renovations have already commenced in the third vacant unit. Take advantage of this golden opportunity, bring your vision to life, stabilize the rents, and embark on your next BRRR journey. Contact us for more details! >>
Last Agent to Sell the Property
(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #1756500 Listed on: 05/07/2023
Last Buyer's Agent
(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #1756500 Listed on: 05/07/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 5,602 Sq Ft Lot
- Lot Dimensions are 80.00 x 70.00
Home Design
- Frame Construction
Interior Spaces
- 4,362 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 3 Vacant Units
Listing and Financial Details
- Tax Lot 00007
- Assessor Parcel Number 13-00038-00007
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $205,000 | -25.5% | $47 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 12/26/2023 12/26/23 | Price Changed | $275,000 | 0.0% | $63 / Sq Ft |
| 12/26/2023 12/26/23 | For Sale | $275,000 | -16.7% | $63 / Sq Ft |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | Price Changed | $330,000 | +10.0% | $76 / Sq Ft |
| 09/22/2023 09/22/23 | For Sale | $300,000 | 0.0% | $69 / Sq Ft |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 05/07/2023 05/07/23 | For Sale | $300,000 | -- | $69 / 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 |
|---|---|---|---|---|
| 2025 | $14,668 | $178,400 | $45,000 | $133,400 |
| 2024 | $14,024 | $178,400 | $45,000 | $133,400 |
| 2023 | $14,024 | $178,400 | $45,000 | $133,400 |
| 2022 | $13,410 | $178,400 | $45,000 | $133,400 |
| 2021 | $12,948 | $178,400 | $45,000 | $133,400 |
| 2020 | $12,688 | $178,400 | $45,000 | $133,400 |
| 2019 | $12,611 | $178,400 | $45,000 | $133,400 |
| 2018 | $12,335 | $178,400 | $45,000 | $133,400 |
| 2017 | $12,185 | $178,400 | $45,000 | $133,400 |
| 2016 | $7,327 | $187,100 | $120,800 | $66,300 |
| 2015 | $7,233 | $187,100 | $120,800 | $66,300 |
| 2014 | $7,196 | $187,100 | $120,800 | $66,300 |
Source: Public Records
Agents Affiliated with this Home
-
Carlo Drogo
-
Tim Kaganzev
Seller Co-Listing Agent in 2024
Tim Kaganzev
EXP Realty, LLC
(856) 503-8668
7 in this area
82 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2007544
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
Nearby Homes
- 314 E Broadway
- 319 E Broadway Unit 321
- 319 E Broadway
- 319-321 E Broadway
- 302 E Broadway
- 313 E Broadway
- 311 E Broadway
- 324 E Broadway
- 315 E Broadway Unit 317
- 315 317 E Broadway
- 300 E Broadway
- 6 Johnson St
- 1 Johnson St
- 305 E Broadway
- 318 E Broadway
- 318 E Broadway
- 323 Allen Ave
- 296 E Broadway
- 296 298 E Broadway E
- 309 E Broadway
Your Personal Tour Guide
Ask me questions while you tour the home.