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300 E Broadway, Salem, NJ 08079

$159,900

  • For Sale
  • Active
  • Multi-Family
300 E Broadway, Salem, NJ 08079View this property at 300 E Broadway, Salem, NJ 08079
300 E BroadwaySalemNJ08079

Property Description

Rental property priced for immediate return on investment. Existing income from rent totals 2900 per month. Four total units include; two 2 bedroom apartments and two 1 bedroom apartments. All apartments are tenant occupied. Common entry doors are keyed to provide added tenant security. Building is well maintained for turnkey operation. Off-street parking and security lighting is provided. Existing up-grades are near completion as needed to qualify for five-year certification by the NJ Department of Community Affairs (for multi-family properties).

Full Property Detailsfor 300 E Broadway

General

  • Price: $159,900
  • Taxes: $5,623 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 1000372731
  • Updated: 5/15/2018
  • Added: 596 day(s) ago

Business

  • Includes: Land Only

Interior

  • Interior Features: Window Treatments
  • Flooring: Wood, Vinyl

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: None

Exterior

  • Exterior Features: Sidewalks, Street Lights, Satellite Dish

Parking

  • Parking Type: Parking Lot

Location

  • Area: Salem City (21713)
  • County: Salem
  • Development Name: Broadway
  • Subdivision: Broadway
  • Cross Streets: Johnson Street

School Information

  • School District: Salem City Schools
  • Elementary School: John Fenwick E.S.
  • Middle School: Salem M.S.
  • High School: Salem H.S.

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Gas, Hot Water, Radiator, Zoned
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: 4400
  • Utility Description: Cable TV Available

Structural Information

  • Architectural Info: Other
  • Structure Type: Detached
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Foundation: Brick/Mortar
  • Roof: Slate
  • Storage: Basement, Attic
  • Entry Location: Foyer
  • Stories/Levels: 0
  • Year Built: 1936
  • Year Built Source: Estimated
  • Property Condition: Average+Prop

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Unit 4
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,800
  • Lot Dimensions: 40 x 120
  • Zoning: RES
  • Fencing (Description): Other

Financial Considerations

  • Annual Heat Cost: $4,500
  • Tax w/Assessment: $143,600
  • Tax Amount: $5,623
  • Tax Year: 2016

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: 4 Active Tenants,
  • Lot: 15

Listed by Pino Agency-Pennsville, Dennis E Newton

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Schools

Schoolsserving 300 E Broadway

School District:Salem City Schools
School Name
Grades
Distance
Salem Middle School
51 New Market Street, Salem, NJ 08079
3-8
0.3 mi
John Fenwick School
183 Smith Street, Salem, NJ 08079
PK-2
0.4 mi
Salem High School
219 Walnut Street, Salem, NJ 08079
9-12
0.9 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 300 E Broadway Get Price Alerts

Date
Details
Price
Change
Source
10/31/2016
Listed
$159,900
77.67%
MLS
7/22/2015
Sold
$90,000
38.46%
Public Record
2/28/2013
Sold
$65,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 300 E Broadway

Listed by Pino Agency-Pennsville, Dennis E Newton

300 E Broadway, Salem, NJ 08079 (MLS# 1000372731) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 300 E Broadway is currently listed for $159,900 and was received on October 31, 2016. Want to learn more about 300 E Broadway? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.