77 W Broadway, SALEM, NJ 08079 (MLS # NJSA2015200)

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PRICE $185,000 dsIDX morgage calculator
BEDS 5
BATHS 0
HOME SIZE 2,841 sqft
LOT SIZE 13,068 sqft

**🏢 Investment Opportunity - Duplex for Sale!** 📍 **77 W Broadway, Salem, NJ 08079** **Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key updates already in place. Unit one is a 2-bedroom, 1- 2nd-floor unit that offers 2 bedrooms and 1 bathroom, with 2 more bedrooms on the 3rd floor with a bathroom. Also reinforced the structure under the 2nd floor build-out in the dining area. Whether you want to expand your rental portfolio or flip and sell, this property provides a strong foundation. 🛠 **Recent Improvements Include:** ✔ **New vinyl windows** throughout the property ✔ **Third full bathroom** added on the 3rd floor - finish work needed 📝 *Note: Due to the home's location in Salem's Historic District, communication with the Salem Historical Society is advised for exterior modifications and permits.* With a bit of finishing work, this property is ready to generate income or deliver value in a growing rental market. Don't miss your chance to own a piece of Salem's charm with modern potential. Potential rent for the first floor would be between $1400-1500, and the 2nd floor, $1900 or more. The garage could be rented out or turned into a laundry. 📞 **Schedule your showing today!**

DAYS ON MARKET 30 LAST UPDATED 7/2/2025
YEAR BUILT 1840 COMMUNITY Salem City (21713)
GARAGE SPACES 1.0 COUNTY SALEM
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District SALEM CITY SCHOOLS

PRICE HISTORY
Prior to Jun 18, '25 $245,000
Jun 18, '25 - Jul 2, '25 $230,000
Jul 2, '25 - Today $185,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Electric Water Heater, Refrigerator
AREA Salem City (21713)
CONSTRUCTION Asphalt, Brick, Vinyl Siding
GARAGE Yes
HEAT Baseboard, Electric
LOT 0.3 acre(s)
LOT DIMENSIONS 55.00 x 238.00
PARKING Garage, Driveway, Detached
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
STYLE Colonial
TAXES 6520
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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