NJ
SALEM
SALEM
08079
349 E BROADWAY Rd
349 E BROADWAY Rd, SALEM, NJ 08079
Listing Type
Single Family
Listing Status
under contract
7
$85,000

Home Details for 349 E BROADWAY Rd

Price
$85,000
Type
Residential
Bedrooms
5
Bathrooms
2.0
Square feet
2348
Year built
1890
Lot size acres
0.17
County
SALEM
Total rooms
12
Garage
Basement
Full
Days on site
166
MLS Listing#
NJSA2012030
Listing courtesy: Weichert Realtors-Haddonfield - 856-394-5700
Property Description

CALLING INVESTORS OPEN HOUSE SAT. 2/8 12-1pm ONLY!! Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the heart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence. On the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. The fully equipped kitchen makes this floor ideal for family living or rental income generation. The second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. This floor also features a screened-in porch overlooking the backyard. The property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. Additionally, a bonus subdivided lot (Block 00069 Lot 00051) is included, offering exciting possibilities for future development or expansion. Currently tenant-occupied, this property is generating $1,100 per month through a HUD-supported month-to-month lease, with the potential for increased rental income. The flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns. Don't miss out on this unique opportunity to invest in a property with substantial income potential and future growth. Contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
    • Electric
  • Heating Information
    • Oil
    • Baseboard
  • Parking
    • On Street
    • Alley Access
  • Fire Place
    • Masonry
    • Wood Burning
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Utilities
    • Natural Gas Available
  • Basement
    • Full
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-02-06 14:46:31
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