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$180,000 -$25,000 (-12.2%) Price Reduced
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Property Description
Step into the charm and character of historic Salem with this spacious property at 87 W Broadway, offering over 3,100 square feet of living space in a prime location along one of the city's most recognizable streets. Featuring classic architectural details, generous room sizes, and endless potential, this property is ideal for investors, owner-occupants, or those seeking a unique opportunity to restore and customize a piece of Salem's history. Conveniently located near downtown shops, dining, schools, and local attractions, the home combines historic appeal with everyday accessibility. Whether you're looking for a multi-family investment, income-producing property, or a residence with room to grow, 87 W Broadway presents exceptional value and opportunity in the heart of Salem.
Full Property Details
Full Property Details for 87 W Broadway
General
- Price: $180,000
- Taxes: $4,500 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2019352
- Updated: 7/9/2026
- Added to Site: 17 day(s) ago
Rental Information
- Lease Info: Ground Lease
Parking
- Parking Type: Driveway
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Driving Directions: From Felipe’s Farm Box, Head toward Plaza Dr  Destination will be on the left
School Information
- School District: Salem City Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas, Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Poured Concrete, Unfinished
- Foundation: Brick/Mortar
- Square Feet: 3,152
- Sq. Ft. Source: Assessor
- Living Area: 3,152 Sq. Ft.
- Finished Above Grnd: 3,152 Sq. Ft.
- Year Built: 1880
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,555
- Lot Size Source: Estimated
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $57.11
- County Tax Freq: Annually
- Tax w/Assessment: $56,800
- Tax Amount: $4,500
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 3152
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 4
Listed by EXP Realty, LLC, Richard Adamski Jr.
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Schools
Schools serving 87 W 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 | 0.5 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 87 W Broadway
Date
Details
Price
Change
Source
7/09/2026
Price Reduced
$180,000
-12.2%
MLS
6/23/2026
Listed
$205,000
36.67%
MLS
10/14/2021
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 87 W Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,901
15%
$56,800
—
2022
$4,270
-1%
$56,800
—
2022
$4,322
5%
$56,800
—
2021
$4,123
3%
$56,800
—
2019
$4,015
6%
$56,800
3%
2018
$3,803
1%
$55,000
—
2017
$3,756
-26%
$55,000
-57%
2016
$5,067
1%
$129,400
—
2015
$5,003
1%
$129,400
—
2013
$4,947
—
$129,400
—
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 87 W Broadway
87 W Broadway, Salem, NJ 08079 (MLS# NJSA2019352) is a Single Family property with 0 bedrooms and 0 full bathrooms. 87 W Broadway is currently listed for $180,000 and was received on June 23, 2026. Want to learn more about 87 W 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.

