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$225,000 Sale Pending
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Property Description
Investor Alert - Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: 🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage 🔹 Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas 🔹 Driveway with Rear Parking + Street Parking 🔹 Both Units Rented to Cash-Paying Tenants Recent Improvements: ✅ Newer Furnaces in both units ✅ Newer Carpets & Fresh Paint throughout ✅ Newer Roof - major systems updated and ready for long-term holding Tenants are in place and pay on time Property is being sold as-is Ideal for investors or owner-occupants Strong cash flow from Day 1 Don't miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS
Full Property Details
Full Property Details for 385 E Broadway
General
- Price: $225,000
- Taxes: $5,508 (2024)
- Status: Pending
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2016172
- Updated: 1/4/2026
- Added to Site: 135 day(s) ago
Interior
- Interior Features: Other
Exterior
- Exterior Features: Other
- Porch/Patio/Deck: Porch(es)
Parking
- Total Spaces: 4
- Parking Features: Crushed Stone
- Parking Type: Driveway, Parking Lot
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Driving Directions: Keasbey St to Broadway
School Information
- School District: Salem City Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available, Cable TV Available
Structural Information
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Vinyl Siding
- Foundation: Brick/Mortar
- Stories/Levels: 2
- Square Feet: 3,126
- Sq. Ft. Source: Assessor
- Living Area: 3,126 Sq. Ft.
- Finished Above Grnd: 3,126 Sq. Ft.
- Year Built: 1870
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,692
- Lot Size Source: Assessor
- Lot Dimensions: 51.00 x 190.00
- Zoning: RESIDENTIAL
- Lot Description: Backs - Open Common Area, Backs to Trees, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $71.98
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $67,000
- Tax Amount: $5,508
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 3126
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3
Listed by Vylla Home, Christine Boysen
Get Pre-Approved Today
Schools
Schools serving 385 E Broadway
School District:Salem City School District
| Name | Grades | Distance |
|---|---|---|
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079 | PK-2 | 0.5 mi |
Salem Middle School 51 New Market Street, Salem, NJ 08079 | 3-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 E Broadway
Date
Details
Price
Change
Source
9/08/2025
Listed
$225,000
50%
MLS
3/01/2023
Sold
$150,000
—
Public Record
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 385 E Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,509
9%
$67,000
—
2022
$5,036
-1%
$67,000
—
2022
$5,099
5%
$67,000
—
2021
$4,863
5%
$67,000
—
2018
$4,632
1%
$67,000
—
2017
$4,576
53%
$67,000
-12%
2016
$2,984
1%
$76,200
—
2015
$2,946
-38%
$76,200
14%
2019
$4,736
22%
$67,000
-34%
2013
$3,888
—
$101,700
—
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 385 E Broadway
385 E Broadway, Salem, NJ 08079 (MLS# NJSA2016172) is a Single Family property with 0 bedrooms and 0 full bathrooms. 385 E Broadway is currently listed for $225,000 and was received on September 08, 2025. Want to learn more about 385 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.

