**🏢 Investment Opportunity – Duplex for Sale!** 📍 **77 W Broadway, Salem, NJ 08079** **Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key updates already in place. Unit one is a 2-bedroom, 1- 2nd-floor unit that offers 2 bedrooms and 1 bathroom, with 2 more bedrooms on the 3rd floor with a bathroom. Also reinforced the structure under the 2nd floor build-out in the dining area. Whether you want to expand your rental portfolio or flip and sell, this property provides a strong foundation. 🛠 **Recent Improvements Include:** ✔ **New vinyl windows** throughout the property ✔ **Third full bathroom** added on the 3rd floor – finish work needed 📝 *Note: Due to the home’s location in Salem’s Historic District, communication with the Salem Historical Society is advised for exterior modifications and permits.* With a bit of finishing work, this property is ready to generate income or deliver value in a growing rental market. Don't miss your chance to own a piece of Salem's charm with modern potential. Potential rent for the first floor would be between $1400-1500, and the 2nd floor, $1900 or more. The garage could be rented out or turned into a laundry. 📞 **Schedule your showing today!**
For sale
Price cut: $45K (7/2)
$185,000
77 W Broadway, Salem, NJ 08079
5beds
--baths
2,841sqft
Est.:
Duplex
Built in 1840
-- sqft lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
New vinyl windows
- 56 days
- on Zillow |
- 997 |
- 53 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 01:51pm
Listed by:
Richard Clarke 856-469-9200,
Exit Homestead Realty Professi,
Listing Team: Team Rcd
Source: Bright MLS,MLS#: NJSA2015200

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Refrigerator, Electric Water Heater
Features
- Dry Wall, Plaster Walls
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,841
- Total interior livable area: 2,841 sqft
Property
Parking
- Total spaces: 1
- Parking features: Storage, Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 0.3 Acres
- Dimensions: 55.00 x 238.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130004800020
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Asphalt, Brick, Copper Plumbing, Mixed Plumbing, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- Average
- New construction: No
- Year built: 1840
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Salem
- Municipality: SALEM CITY
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $79,300
- Annual tax amount: $6,520
- Date on market: 6/9/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: All Items Not Considered Sellers Personal Property
- Ownership: Fee Simple
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