Shayden Feret
Romano Realty
(856) 746-4206
49 Total Sales
2 in Salem
$85K - $150K Price Range
312 E Broadway Salem, NJ 08079
Salem Area
Studio
--
Baths
4,362
Sq Ft
5,602
Sq Ft Lot
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
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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
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
Closed on
Dec 22, 2025
Sold by
Weber Investment Group 2 Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$292,301
Interest Rate
6.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2025
Sold by
Kg Renovations Llc
Bought by
Weber Investment Group 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,500
Interest Rate
6.72%
Mortgage Type
Construction
Purchase Details
Listed on
May 7, 2023
Closed on
Mar 19, 2024
Sold by
15 Atterbury Investments Llc
Bought by
K G Renovations Llc
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$275,000
Sold Price
$205,000
Premium/Discount to List
-$70,000
-25.45%
Views
326
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2021
Sold by
B & E Two Management Llc
Bought by
15 Atterbury Investments Llc
Purchase Details
Closed on
Jan 29, 2021
Sold by
Wood Jr John
Bought by
B & E Two Management Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
12%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 2, 1990
Bought by
Wood John T Jr + Annerose
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, NJ
-
Shayden Feret
-
Robert Greenblatt
Robert Greenblatt
Responds QuicklyWeichert Realtors - Moorestown
(856) 543-2574
558 Total Sales
2 in Salem
$155K - $238K Price Range
-
Glo Williams
Glo Williams
AM Realty Advisors LLC
(856) 522-4135
25 Total Sales
1 in Salem
$125,000 Price
-
Delicia Sample
Delicia Sample
Weichert Realtors-Haddonfield
(856) 263-2355
37 Total Sales
3 in Salem
$21K - $65K Price Range
-
Tim Kaganzev
Tim Kaganzev
EXP Realty, LLC
(856) 326-2863
97 Total Sales
7 in Salem
$70K - $310K Price Range
-
Carol M Smith
Carol M Smith
Mahoney Realty Pennsville, LLC
(856) 878-2626
105 Total Sales
2 in Salem
$196K - $222K Price Range
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 |
|---|---|---|---|
| -- | Pittman Title | ||
| Weber Investment Group 2 Llc | $310,000 | Pittman Title | |
| K G Renovations Llc | $205,000 | Chicago Title | |
| 15 Atterbury Investments Llc | $290,000 | None Available | |
| B & E Two Management Group Llc | $190,000 | Chicago Title | |
| Wood John T Jr + Annerose | $23,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $294,000 | ||
| Previous Owner | Weber Investment Group 2 Llc | $303,500 | |
| Previous Owner | K G Renovations Llc | $153,750 | |
| Previous Owner | B & E Two Management Group Llc | $133,000 |
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 |
|---|---|---|---|---|
| 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
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 | $15,392 | $178,400 | $45,000 | $133,400 |
| 2025 | $15,392 | $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
Seller's Agent in 2024
Carlo Drogo
EXP Realty, LLC
(856) 333-3760
624 Total Sales
-
Tim Kaganzev
Seller Co-Listing Agent in 2024
Tim Kaganzev
EXP Realty, LLC
(856) 503-8668
97 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2007544
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