349 E Broadway
Salem, NJ 08079
- 5 beds
- 2 baths
- 2,348 sqft
- 7,524 sqft lot
- $27 per sqft
- 1890 build
More homes
UNDER CONTRACT. OPEN HOUSE CANCELED. Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the heart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence. On the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. The fully equipped kitchen makes this floor ideal for family living or rental income generation. The second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. This floor also features a screened-in porch overlooking the backyard. The property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. Additionally, a bonus subdivided lot (Block 00069 Lot 00051) is included, offering exciting possibilities for future development or expansion. Currently tenant-occupied, this property is generating $1,100 per month through a HUD-supported month-to-month lease, with the potential for increased rental income. The flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns. Don't miss out on this unique opportunity to invest in a property with substantial income potential and future growth. Contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 7, 2025
•
MLS# NJSA2012030 —
The Building
-
Year Built:1890
-
Year Built Source:Estimated
-
Roof:Shingle
-
New Construction:No
-
Construction Materials:Frame
-
Structure Type:Detached
-
Historic:No
-
Architectural Style:Colonial
-
Levels:2
-
Accessibility Features:None
-
Foundation Details:Block
-
Basement:Yes
-
Basement Type:Full
-
Total SqFt Source:Estimated
-
Total Below Grade SqFt Source:Estimated
-
Above Grade Finished Area Units:Square Feet
-
Above Grade Finished SqFt:2348
-
Above Grade Finished SqFt Source:Estimated
-
Below Grade Finished Area Units:Square Feet
-
Below Grade Unfinished Area Units:Square Feet
-
Below Grade Finished SqFt Source:Estimated
-
Below Grade Unfinished SqFt Source:Estimated
Interior
-
Interior Features:Ceiling Fan(s)
-
Room List:Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2, Screened Porch
-
Room Count:12
-
Flooring Type:Carpet, Hardwood
-
Fireplace:Yes
-
Fireplaces:1
-
Fireplace Features:Brick, Wood
-
Living Area SqFt Source:Estimated
Room Dimensions
-
Total SqFt:2348
-
Living Area SqFt:2,348 Sqft
Financial & Terms
-
Sale Type:Standard
-
Acceptable Financing:Cash
-
Buyer Financing:Cash
-
Possession:Immediate
-
Lease Considered:No
Location
-
Directions:Turn right onto NJ-45 S, Turn left onto E Broadway
-
Latitude:39.56630000
-
Longitude:-75.46239000
The Property
-
Property Type:Residential
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.17
-
Lot Size Source:Estimated
-
Lot SqFt:7,524 Sqft
-
Inclusions:Property is to be sold with tenant and tenants belongings. Tenant is on a month-to-month lease, HUD paid $1100 and could increase. (EXTRA LOT INCLUDED: Block 00069 Lot 00051)
-
Zoning:RES
-
Other Structures:Above Grade, Below Grade
-
Waterview:No
-
Fencing:Fully
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 203-5166
- Office phone:
- (856) 394-5700
Taxes
-
Tax ID Number:13-00069-00002
-
Tax Year:2019
-
Tax Lot:00002
-
Tax Annual Amount:$3,980
-
Tax Assessed Value:$56,300
-
Year Assessed:2019
-
Total Taxes Payment Frequency:Annually
Beds
-
Bedrooms:5
-
Bedrooms Main Level:3
-
Upper Level Bedrooms:2
-
Upper Level 1 Bedrooms:2
Baths
-
Total Baths:2
-
Full Baths:2
-
Main Level Baths:1.00
-
Main Level Full Baths:1
-
Upper Level Full Baths:1
-
Upper Level Total Baths:1
-
Upper Level Total Baths:1.00
-
Upper Level Full Baths:1
The Listing
-
Close Sale Type:Standard Sale
Heating & Cooling
-
Cooling Type:Window Unit(s)
-
Central Air:No
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Baseboard - Hot Water
-
Heating Fuel:Oil
Utilities
-
Utilities:Natural Gas Available, Above Ground
-
Sewer/Septic:Public Sewer
-
Hot Water:Oil
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Dryer, Refrigerator, Washer
-
Laundry Type:Main Floor
Schools
-
School District Name:Salem City Schools
-
School District Source:Listing Agent
The Community
-
Subdivision Name:None Available
-
Senior Community:No
-
Exterior Features:Sidewalks, Street Lights
-
Pool:No Pool
-
HOA:No
-
Condo/Coop Association:No
Parking
-
Garage:No
-
Type of Parking:On Street, Alley
Extra Units
-
Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/5/25
Mar 5, 2025
|
Sold | BRIGHT | $65,000 | -23.5% |
2/11/25
Feb 11, 2025
|
Pending | BRIGHT | $85,000 | |
2/6/25
Feb 6, 2025
|
Sold Subject To Contingencies | BRIGHT | $85,000 |