Property

Salem, NJ 08079 77 W Broadway

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Presented By: Exit Homestead Realty Professionals
  • MLS# NJSA2015200
  • 06/09/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Garage • 1

Home Details

** Investment Opportunity Duplex for Sale!** **77 W Broadway, Salem, NJ 08079** **Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key updates already in place. Unit one is a 2-bedroom, 1- 2nd-floor unit that offers 2 bedrooms and 1 bathroom, with 2 more bedrooms on the 3rd floor with a bathroom. Also reinforced the structure under the 2nd floor build-out in the dining area. Whether you want to expand your rental portfolio or flip and sell, this property provides a strong foundation. **Recent Improvements Include:** **New vinyl windows** throughout the property **Third full bathroom** added on the 3rd floor finish work needed *Note: Due to the homes location in Salems Historic District, communication with the Salem Historical Society is advised for exterior modifications and permits.* With a bit of finishing work, this property is ready to generate income or deliver value in a growing rental market. Don't miss your chance to own a piece of Salem's charm with modern potential. Potential rent for the first floor would be between $1400-1500, and the 2nd floor, $1900 or more. The garage could be rented out or turned into a laundry. **Schedule your showing today!**
Presented By: Exit Homestead Realty Professionals

Interior Features for 77 W Broadway

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators
Total Stories3

General for 77 W Broadway

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
AppliancesRefrigerator
Architectural StyleColonial
Association Recreation FeeN
Attached Garage No
CitySALEM
Construction MaterialsAsphalt, Brick, Copper Plumbing, Mixed Plumbing, Vinyl Siding
Cool FuelNone
CoolingNone
CountySALEM
DirectionsTake Route 49 to Broadway in Salem, coming from Pennsville, the home is on the right, coming from Market St home is on the left
DisclosuresLead Based Paint - State, Prop Disclosure
Garage Spaces1.00
Garage Y/NYes
Green Verification Y/NNo
HeatingBaseboard - Electric
Historic Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lot Size Square Feet13090.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
ModificationTimestamp2025-08-07T20:38:48
MunicipalitySALEM CITY
New ConstructionNo
Number Of Units Total1
Number of Units Leased
NumberOfUnitsVacant2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG59.84
Property Attached Y/NNo
Property ConditionAverage
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofAsphalt
School DistrictSALEM CITY SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount6520.0
Tax Assessed Value79300.0
Tax Lot00020
Tax Year2024
Total Rooms14
Total SQFT2841
TransportationBus Stop less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1840
Year Built SourceAssessor
ZoningRESIDENTIAL

Exterior for 77 W Broadway

# of Detached Garage Spaces1
Foundation DetailsBrick/Mortar
Garage FeaturesAdditional Storage Area
InclusionsAll items not considered sellers personal property
Land Assessed Value9700.00
Land Use Code
Lot Dimensions55.00 x 238.00
Lot Size Acres0.30
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Private PoolNo
SpaNo
Total Parking Spaces1
Type of ParkingDetached Garage, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $170,000
MLS#NJSA2015200
List Date 06/09/2025
Property Type Multi-Family
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