Address
311 E Broadway, Salem, NJ
Price
$ 89,000
Property Attributes
- MLS#NJSA2009398
- TypeContingent
- CountySALEM
- CitySalem
- AreaSalem City
- Zip08079
- StyleTraditional
- Year Built1900
- Taxes$ 1682
- Price$ 89,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1168
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
Investor Special! This centrally located home at 311 E Broadway in Salem, NJ presents an incredible opportunity for investors. Currently tenant-occupied with a lease in place until 8/31/2024 and a reliable tenant paying $1165 in rent, this property offers immediate income potential. Photos taken prior to tenant occupancy. It is currently occupied. The updated interior features new Luxury Vinyl Plank flooring, fresh paint, and ample natural light, creating an attractive space for tenants. With a well-maintained lease in place and a tenant in good standing, this property provides a hassle-free investment opportunity. Conveniently located near town amenities and public transportation, this property is an ideal addition to any investor's portfolio. Don't miss out on the chance to acquire a turnkey investment with a reliable rental income. Schedule a showing today and seize the opportunity to add this income-generating property to your portfolio.
| Price History | |
|---|---|
| 11/14/2023 | Listed $120,000 |
| 11/29/2023 | 5% - $115,000 |
| 1/31/2024 | 14% - $99,000 |
| 5/9/2024 | 11% - $89,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Possession | Negotiable |
| Zoning | RES |
| Architectural Style | Traditional |
| Construction Materials | Aluminum Siding |
| Year Built | 1900 |
| Levels | 2 |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Contingency Type | Attorney Review,Home Inspection |
| Accessibility | None |
| County | SALEM |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | NONE AVAILABLE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE UNDER CONTRACT |
| Directions | Adjacent to Jackson |
| ModificationTimestamp | 2024-05-17T17:17:17 |
| City | SALEM |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| MLS Area | Salem City (21713) |
| Lot Size Square Feet | 2178.00 |
| Tax Assessed Value | 21400.0 |
| Waterfront Y/N | No |
| Street Name | BROADWAY |
| Tax Annual Amount | 1682.0 |
| Home Warranty Y/N | No |
| Structure Type | Twin/Semi-Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Count Main Level | 0.00 |
| Price Per Sq Ft Total | 76.2 |
| Acceptable Financing | Conventional,Cash |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 1168 |
| Days on Market | 187 |
| Standard Status | Active Under Contract |
| Year Built Source | Assessor |
| Tax Lot | 00026 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Basement | Unfinished |
| Hot Water | Other |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1168 |
| Full Baths | 1 |
| Central Air Y/N | No |
| Total Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 2 |
| Bedrooms Count Upper Level 1 | 2 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 17.00 x 128.00 |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 5600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 08079
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