Amy Sheldon
EXP Realty, LLC
(856) 238-5860
69 Total Sales
5 in Salem
$9K - $209K Price Range
349 E Broadway Salem, NJ 08079
Salem AreaEstimated Value: $106,367
5
Beds
2
Baths
2,348
Sq Ft
$45/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Dining Room
- Wood Flooring
- Screened Porch
- Ceiling Fan
About This Home
As of March 2025UNDER CONTRACT. OPEN HOUSE CANCELED. Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the heart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence. On the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. The fully equipped kitchen makes this floor ideal for family living or rental income generation. The second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. This floor also features a screened-in porch overlooking the backyard. The property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. Additionally, a bonus subdivided lot (Block 00069 Lot 00051) is included, offering exciting possibilities for future development or expansion. Currently tenant-occupied, this property is generating $1,100 per month through a HUD-supported month-to-month lease, with the potential for increased rental income. The flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns. Don't miss out on this unique opportunity to invest in a property with substantial income potential and future growth. Contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!
Last Agent to Sell the Property
(856) 394-5700 jnaame@weichertrealtors.net Weichert Realtors-Haddonfield License #2192241 Listed on: 08/24/2024
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Home Details
Home Type
- Single Family
Year Built
- Built in 1890
Lot Details
- 7,524 Sq Ft Lot
- Property is Fully Fenced
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,348 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Wood Burning Fireplace
- Brick Fireplace
- Family Room
- Dining Room
- Screened Porch
- Basement Fills Entire Space Under The House
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Alley Access
- On-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Above Ground Utilities
- Oil Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 13-00069-00002
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
Aug 24, 2024
Closed on
Mar 4, 2025
Sold by
Galut Mcg Llc
Bought by
Seller's Agent
Delicia Sample
Weichert Realtors-Haddonfield
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%
Views
461
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,367
Avg. Annual Appreciation
37.97%
Original Mortgage
$64,300
Interest Rate
6.12%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 20, 2021
Sold by
Crosby Realty 1 Llc
Bought by
Galut Mcg Llc
Purchase Details
Closed on
Sep 28, 2012
Sold by
Jones Elizabeth B
Bought by
Kates Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.62%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem, NJ
-
Amy Sheldon
-
Shayden Feret
Shayden Feret
Romano Realty
(856) 746-4206
49 Total Sales
2 in Salem
$85K - $150K Price Range
-
Robert Greenblatt
Robert Greenblatt
Responds QuicklyWeichert Realtors - Moorestown
(856) 543-2574
557 Total Sales
2 in Salem
$155K - $238K Price Range
-
Glo Williams
Glo Williams
AM Realty Advisors LLC
(856) 522-4135
28 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
100 Total Sales
7 in Salem
$70K - $310K 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 |
|---|---|---|---|
| $65,000 | Old Republic Title | ||
| Galut Mcg Llc | $265,000 | Dominion Ttl Svcs Bridgeton | |
| Kates Realty Llc | $15,000 | West Jersey Title Agency |
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 | $116,900 | ||
| Closed | Caputo And Sons Llc | $64,300 | |
| Previous Owner | Kates Realty Llc | -- |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $65,000 | -23.5% | $28 / Sq Ft | |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- | |
| 02/02/2025 02/02/25 | For Sale | $85,000 | 0.0% | $36 / Sq Ft | |
| 01/09/2025 01/09/25 | Pending | -- | -- | -- | |
| 08/24/2024 08/24/24 | For Sale | $85,000 | +209.1% | $36 / Sq Ft | |
| 06/12/2020 06/12/20 | Sold | $27,500 | -32.1% | $12 / Sq Ft | View Prior Sale |
| 05/01/2020 05/01/20 | Pending | -- | -- | -- | |
| 04/20/2020 04/20/20 | For Sale | $40,500 | -- | $17 / 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 | $4,314 | $50,000 | $7,400 | $42,600 |
| 2025 | $4,314 | $50,000 | $7,400 | $42,600 |
| 2024 | $3,931 | $50,000 | $7,400 | $42,600 |
| 2023 | $3,931 | $50,000 | $7,400 | $42,600 |
| 2022 | $3,759 | $50,000 | $7,400 | $42,600 |
| 2021 | $4,085 | $56,300 | $7,400 | $48,900 |
| 2020 | $4,004 | $56,300 | $7,400 | $48,900 |
| 2019 | $3,980 | $56,300 | $7,400 | $48,900 |
| 2018 | $3,893 | $56,300 | $7,400 | $48,900 |
| 2017 | $3,845 | $56,300 | $7,400 | $48,900 |
| 2016 | $3,286 | $83,900 | $17,100 | $66,800 |
| 2015 | $3,244 | $83,900 | $17,100 | $66,800 |
| 2014 | $3,227 | $83,900 | $17,100 | $66,800 |
Source: Public Records
Agents Affiliated with this Home
-
Delicia Sample
Seller's Agent in 2025
Delicia Sample
Weichert Corporate
(856) 203-5166
37 Total Sales
-
Carlo Drogo
Buyer's Agent in 2025
Carlo Drogo
EXP Realty, LLC
(856) 692-4368
626 Total Sales
-
Jan Elwell
Seller's Agent in 2020
Jan Elwell
RE/MAX
(856) 498-4492
245 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2012030
APN: 13-00069-0000-00002
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