315-317 E Broadway, Salem, NJ 08079

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
315-317 E Broadway,Salem, NJ 08079
$215,000
  • 12 Beds
  • - Baths
  • 5,645 sq. ft.
  • Multi-family
  • Active
Listed by: david j ralic
Office: society
MLS#:NJSA2018846
Source:BRIGHTMLS

Price summary

  • Price:$215,000
  • Price per sq. ft.:$38.09

About this home

All those times you talked about how if you found a deal on a multifamily you were going to take it down and become the next Monopoly Man... well here is your moment to put up or shut up. This is a steal of a deal on this 4 unit in downtown Salem City NJ. This money maker stretches over 5500+ sq ft allowing you to design the optimum floorplan to maximize your rental income. Some of the heavy lift is done as you can see from the photos making cash flow that much sooner for you. Take advantage of this opportunity and practice what you preach.

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Home facts

  • Year built:1900
  • Listing ID #:NJSA2018846
  • Added:51 day(s) ago
  • Updated:June 15, 2026 at 01:46 PM

Rooms and interior

  • Bedrooms:12
  • Basement:Yes
  • Basement Description:Full
  • Living area:5,645 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:5,645 sq. ft.
  • Lot area:0.31 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick, Stucco
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$215,000
  • Price per sq. ft.:$38.09
  • Tax amount:$8,144 (2025)

Parking

  • Parking description:On Street

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