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Listed price in listed location currency (USD).
$225,000

000

MLS® NJSA2018524

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 5645 sqft
Garage 
Taxes $8,144
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $39
MLS® Number NJSA2018524

Property Address: 315 E Broadway, SALEM, NJ, 08079-1102

Average square foot calculated using Size range provided by listing agent.

Description

Prime multi-family investment opportunity in the heart of Salem City! This spacious multi-unit property (4 units) offers strong income-producing potential with a total of approximately 10 bedrooms and 5 bathrooms, making it an ideal addition to any investor’s portfolio. Located on a well-traveled corridor near downtown amenities, public transportation, and major roadways, the property benefits from consistent rental demand in the area. Recent comparable multi-family sales in the neighborhood and current market trends place similar assets in the $180K–$250K range depending on condition and income potential, highlighting strong upside for renovation or stabilization strategies. With strong square footage and flexible unit configurations, there is significant potential to increase rents and overall property value with updates. Don’t miss this chance to secure a value-add multi-family in an evolving market with solid rental demand and upside potential!
MLS® NumberNJSA2018524
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 25, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
315 E Broadway, Salem, NJ

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