315 E Broadway, Salem, NJ 08079 - Photo 1

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$225,000 Just Listed

For Sale
Active
Single Family
5,645 Sq. Ft.
Updated 2 days ago

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Property Description

All those times you talked about how if you found a deal on a multifamily you were going to take it down and become the next Monopoly Man... well here is your moment to put up or shut up. This is a steal of a deal on this 4 unit in downtown Salem City NJ. This money maker stretches over 5500+ sq ft allowing you to design the optimum floorplan to maximize your rental income. Some of the heavy lift is done as you can see from the photos making cash flow that much sooner for you. Take advantage of this opportunity and practice what you preach.

Full Property Details

Full Property Details for 315 E Broadway

General

Price: $225,000
Taxes: $8,144 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJSA2018846
Updated: 5/5/2026
Added to Site: 2 day(s) ago

Parking

Parking Type: On Street

Location

Area: Salem City (21713)
Municipality: SALEM CITY
County: SALEM
Driving Directions: on broadway use gps

School Information

School District: Salem City Schools

Heating & Cooling

Cooling Type: None
Heating Type: None
Water Heater: None

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Colonial
Structure Type: Detached
Construction: Brick, Stucco
Basement: Yes
Basement Desc.: Full
Foundation: Brick/Mortar
Square Feet: 5,645
Sq. Ft. Source: Assessor
Living Area: 5,645 Sq. Ft.
Finished Above Grnd: 5,645 Sq. Ft.
Year Built: 1900
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 1

Lot Features

Lot Size (Acres): 0.31
Lot Size (Sq. Ft.): 13,504
Lot Size Source: Assessor
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $39.86
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $94,400
Tax Amount: $8,144
Tax Year: 2025
Tax Total Finished Sq. Ft.: 5645

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 28

Listed by Society, David J Ralic

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Listing agent

— 315 E Broadway —

David J Ralic

Society

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Schools

Schools serving 315 E Broadway

School District:Salem City School District

Name	Grades	Distance
Salem Middle School 51 New Market Street, Salem, NJ 08079	3-8	0.3 mi
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079	PK-2	0.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 E Broadway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/05/2026

Listed

$225,000

50%

MLS

2/26/2025

Sold

$150,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 315 E Broadway

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,762

5%

$94,400

—

2023

$7,421

5%

$94,400

—

2022

$7,096

-1%

$94,400

—

2022

$7,184

5%

$94,400

—

2021

$6,848

5%

$94,400

—

2018

$6,527

1%

$94,400

—

2017

$6,448

-3%

$94,400

—

2019

$6,673

22%

$94,400

-33%

2016

$5,482

1%

$140,000

—

2015

$5,412

1%

$140,000

—

2013

$5,352

—

$140,000

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 315 E Broadway

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Total Bath
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Price Reduced

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Price Reduced

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Single Family
Active
Updated 2 days ago

4
Beds
3
Total Baths
3,812
Sq. Ft.

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Price Reduced

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Townhouse
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,000
Sq. Ft.

Listed by Epique Realty, Dave Mays

315 E Broadway, Salem, NJ 08079 (MLS# NJSA2018846) is a Single Family property with 0 bedrooms and 0 full bathrooms. 315 E Broadway is currently listed for $225,000 and was received on May 05, 2026. Want to learn more about 315 E Broadway? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

315 E Broadway Salem, NJ 08079