NOT LISTED FOR SALE

385 387 E Broadway Salem, NJ 08079

Salem Area

Estimated Value: $233,207 - $278,000

Studio
-- Bath
3,126 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2026

Last sale price $238,000 $76 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,849 / mo

106 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Back Yard
  • Backs to Trees or Woods
  • Forced Air Heating System

About This Home

As of February 2026

Investor Alert – Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income.
Property Highlights: Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas Driveway with Rear Parking + Street Parking Both Units Rented to Cash-Paying Tenants
Recent Improvements: Newer Furnaces in both units Newer Carpets & Fresh Paint throughout Newer Roof – major systems updated and ready for long-term holding
Tenants are in place and pay on time
Property is being sold as-is
Ideal for investors or owner-occupants
Strong cash flow from Day 1 Don’t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS

Last Agent to Sell the Property

Christine Boysen

(856) 206-0413 john.zeigler@vylla.com Vylla Home Brokerage Phone: 8562060413 License #2076943 Listed on: 09/08/2025

Vylla Home

Last Buyer's Agent

Joanna Fitzpatrick

(856) 363-3000 hakankarahan@hakankarahan.com HomeSmart First Advantage Realty License #rs381049

HomeSmart First Advantage Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1870

Lot Details

  • 9,692 Sq Ft Lot
  • Lot Dimensions are 51.00 x 190.00
  • Backs To Open Common Area
  • Backs to Trees or Woods
  • Back Yard

Home Design

  • 3,126 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Gravel Driveway
  • Parking Lot

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2-Story Building

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 13-00071-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,508

Year Built

Built in 1870

Lot Details

9,692 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 3126
  • Living Area Sq Ft: 3126
  • Price Per Sq Ft: 71.98
  • Above Grade Finished Sq Ft: 3126
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs - Open Common Area, Backs To Trees, Rear Yard
  • Lot Size Acres: 0.22
  • Lot Dimensions: 51.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9692.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5508.00
  • Assessor Parcel Number: 13-00071-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

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
Sep 8, 2025
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Christine Boysen
Vylla Home
Buyer's Agent
Joanna Fitzpatrick
HomeSmart First Advantage Realty
List Price
$225,000
Sold Price
$238,000
Premium/Discount to List
$13,000
5.78%
Views
43
Current Estimated Value
$249,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,302
Avg. Annual Appreciation
9.33%
Original Mortgage
$17,000
Outstanding Balance
$4,282
Interest Rate
6.1%
Estimated Equity
$245,020

Purchase Details

Listed on
Apr 21, 2022
Closed on
Mar 2, 2023
Sold by
Bought by
Seller's Agent
Omar Din
Prime Realty Partners
Buyer's Agent
Christine Boysen
Vylla Home
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$147,283
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2021
Sold by
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
$111,878
Interest Rate
9.5%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, NJ

  • Heather Bosco Real Estate Agent - Keller Williams Hometown

    Heather Bosco

    Keller Williams Hometown

    (856) 878-2074

    106 Total Sales

    4 in Salem

    $110K - $244K Price Range

    Heather Bosco
     Section Image
  • John Andrie Real Estate Agent - HomeSmart First Advantage Realty

    John Andrie

    HomeSmart First Advantage Realty

    (856) 281-3873

    66 Total Sales

    1 in Salem

    $226,000 Price

    John Andrie
     Section Image
  • Andrew Ware Real Estate Agent - Real Broker, LLC

    Andrew Ware

    Real Broker, LLC

    (856) 501-5202

    77 Total Sales

    3 in Salem

    $110K - $225K Price Range

    Andrew Ware
     Section Image
  • Tamia Wilkerson Real Estate Agent - First Advantage Realty II LLC

    Tamia Wilkerson

    First Advantage Realty II LLC

    (856) 283-4342

    23 Total Sales

    1 in Salem

    $95,000 Price

    Tamia Wilkerson
     Section Image
  • Yanira Hernandez Real Estate Agent - Real Broker, LLC

    Yanira Hernandez

    Real Broker, LLC

    (484) 562-6058

    120 Total Sales

    2 in Salem

    $65,000 Price Range

    Yanira Hernandez
     Section Image
  • Beverly Lewis Real Estate Agent - RE/MAX Preferred - Mullica Hill

    Beverly Lewis

    RE/MAX Preferred - Mullica Hill

    (856) 460-5762

    22 Total Sales

    1 in Salem

    $105,000 Price

    Beverly Lewis
     Section Image
See All Agents

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
$238,000 Sjs Title
$150,000 Commonwealth Title
$26,000 Shore Title
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 $17,000
Closed $17,000
Open $232,720
Previous Owner $147,283
Previous Owner $111,878
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
02/17/2026 02/17/26 Sold $238,000 +5.8% $76 / Sq Ft
12/23/2025 12/23/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $225,000 +50.0% $72 / Sq Ft
02/28/2023 02/28/23 Sold $150,000 -3.2% $48 / Sq Ft View Prior Sale
09/09/2022 09/09/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $155,000 0.0% $50 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $155,000 -3.1% $50 / Sq Ft
04/21/2022 04/21/22 For Sale $160,000 -- $51 / 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 $5,781 $67,000 $7,700 $59,300
2025 $5,781 $67,000 $7,700 $59,300
2024 $5,267 $67,000 $7,700 $59,300
2023 $5,267 $67,000 $7,700 $59,300
2022 $5,036 $67,000 $7,700 $59,300
2021 $4,863 $67,000 $7,700 $59,300
2020 $4,765 $67,000 $7,700 $59,300
2019 $4,736 $67,000 $7,700 $59,300
2018 $4,632 $67,000 $7,700 $59,300
2017 $4,576 $67,000 $7,700 $59,300
2016 $2,984 $76,200 $17,600 $58,600
2015 $2,946 $76,200 $17,600 $58,600
2014 $3,911 $101,700 $17,600 $84,100
Source: Public Records

Agents Affiliated with this Home

  • Christine Boysen Real Estate Agent - Vylla Home

    Seller's Agent in 2026

    Christine Boysen

    Vylla Home

    (609) 670-5109

    23 Total Sales

    Christine Boysen
    Section Image
  • Joanna Fitzpatrick Real Estate Agent - HomeSmart First Advantage Realty

    Buyer's Agent in 2026

    Joanna Fitzpatrick

    HomeSmart First Advantage Realty

    (856) 780-0915

    23 Total Sales

    Joanna Fitzpatrick
    Section Image
  • Omar Din Real Estate Agent - Prime Realty Partners

    Seller's Agent in 2023

    Omar Din

    Prime Realty Partners

    (267) 918-0890

    274 Total Sales

    Omar Din
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2016172

Bright MLS

APN: 13-00071-0000-00003

New Jersey Salem County Salem 08079

385 387 E Broadway, Salem, NJ

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