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For sale
  • Price cut: $45K (7/2)
    $185,000

    77 W Broadway, Salem, NJ 08079

    5beds
    --baths
    2,841sqft
    : 
    Duplex
    Built in 1840
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    New vinyl windows
    **🏢 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!**
    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#: NJSA2015200MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 77 W Broadway.

    Next available tour time:Tomorrow at 11am

    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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