385-387 E Broadway, Salem, NJ 08079

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
385-387 E Broadway,Salem, NJ 08079
$225,000
  • 5 Beds
  • - Baths
  • 3,126 sq. ft.
  • Multi-family
  • Active
Listed by:christine boysen
Office:vylla home
MLS#:NJSA2016172
Source:BRIGHTMLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$71.98

About this home

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

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Home facts

  • Year built:1870
  • Listing ID #:NJSA2016172
  • Added:5 day(s) ago
  • Updated:October 24, 2025 at 01:48 PM

Rooms and interior

  • Bedrooms:5
  • Living area:3,126 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1870
  • Building area:3,126 sq. ft.
  • Lot area:0.22 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$71.98
  • Tax amount:$5,508 (2024)

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