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$239,000

87 W Broadway Salem, NJ 08079

$2,838
Closing credit¹
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3,152 sqft
$76 / sqft
Multi-Family

Property details

About 87 W Broadway

This well-maintained two-family house is an excellent investment opportunity, offering consistent rental income with long-term tenants in place. The property features spacious and separate living areas for both units, providing comfort and privacy for all occupants. Key Features: Two bedrooms and two bathrooms each unit Fully Rented: Both units are occupied by reliable, long-term tenants, ensuring a steady cash flow. Income-Producing Property: Perfect for investors seeking immediate returns with minimal vacancy risk. Separate Entrances: Each unit has its own private entry, offering tenants full privacy. Spacious Layouts: The units boast large living rooms, generous bedrooms, and functional kitchens. Off-Street Parking: Ample parking space available for tenants, enhancing convenience. Convenient Location: Close to local amenities, public transportation, and schools. Don’t miss out on this fantastic investment opportunity! Contact us today to schedule a viewing or for more details.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
Size3,152 sqft
BasementYes
Year built1880
ParkingDriveway
MLS #NJSA2014080
ViewGarden

Summary

  • MLS Number: NJSA2014080
  • MLS Name: BRIGHT
  • Office Name: EXP Realty, LLC
  • Office Phone: (866) 201-6210
  • Office Email: nj.broker@exprealty.net
  • Listing Agent: Alejandro Guzman
  • Agent Phone: (908) 636-8221
  • Agent Email: alejandro.guzman@exprealty.com

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Street view

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view of front of property with a chimney and a lawn

$239,000

87 W Broadway

$2,838

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Penn Beach Elementary School

Public District 4-5

5.6 mi

•

96 Kansas Rd

5

Central Park Elementary School

Public District 2-3

6.3 mi

•

43 Oliver Ave

3

New Castle Elementary School

Public District KG-5

8.2 mi

•

903 Delaware St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,339. Most Salem, NJ residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
40%
35k-100k
9%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
25%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 87 W Broadway in Salem, NJ and zip code 08079. This 3,152 square foot home was built in 1880. Features: 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $239,000.

While more than 3 listings in Salem, NJ in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in Salem, NJ increased by 27.5% between February and March 2025. In March 2025 median list price was $195,000 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

More resources

More homes for sale in Salem

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Housing market reports in Salem County

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