4 months on rocket

371 E Broadway, Salem, NJ, 08079

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
3,440 SqFt
$65/SqFt
Multi

Location

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371 E Broadway, Salem$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingCeiling Fan(s), Window Unit(s)
MLS #NJSA2011652
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 371 E Broadway

3 Unit Home That Has 2 Units (2 Bedroom $950 Section 8 Lease and 1 Bedroom $775 Month To Month). 4 Bedroom Unit Is Available On The First Floor. The Kitchen and Bathroom Have Recently Been Renovated. The 1 Bedroom Unit Has 1 Bath and Access To The Balcony The 2 Bedroom Unit Has Access To The Attic The 4 Bedroom Unit Has Access To The Basement-Prior To Tenant Moving Out Property Was Collection $1600 Cash or Conventional Financing As-Is

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1900
  • Living Area: 3,440 SqFt

Listing Office:

  • Office Name: Homestarr Realty
  • Office Phone: (215) 355-5565
  • Listing Agent: James Thomas Fisher Jr.

Interior Features

Interior Information:

  • Appliances: Oven, Electric Range
  • Interior: Carpet, Floor Plan - Traditional

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: Utilize Google or Apple Maps Directions

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $65/SqFt

Tax Information:

  • Annual Amount: $5,306
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$170K

Med. Price/SqFt

$118

Avg. Days On Market

28

# of Sold Homes

11

371 E Broadway vs Salem

149 DAYS ON ROCKET

+121 Days

$225,000

+$55K More

$65/SqFt

-$53 Less

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $53/SqFt less than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2011652

Listing Office:

  • Office Name: Homestarr Realty
  • Office Phone: (215) 355-5565
  • Listing Agent: James Thomas Fisher Jr.

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 08, 2020Home Sold
$50,000
Sep 24, 2019Home Sold
$25,000
Nov 09, 2007Home Sold
$152,000
Jan 20, 2005Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,306$73,100
2019$5,054$73,100
2018$4,993$73,100
2017$4,993$73,100

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4335679
4
/10

  • Penn Beach Elementary School

  • 96 Kansas Rd

  • 6.38 miles

  • Public District Grades 4-5

school-card-donut-4335680
5
/10

  • Central Park Elementary School

  • 43 Oliver Ave

  • 7.04 miles

  • Public District Grades 2-3

school-card-donut-4335681
6
/10

  • Southern Elementary School

  • 795 Cox Neck Rd

  • 8.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,389. Residents of Salem, NJ typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Salem›08079›371 E Broadway

This home is located at 371 E Broadway in Salem, NJ and zip code 08079. This 3,440 square foot home, which was built in 1900, sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 21, 2024 and is currently priced at $225,000.

In November 2024, from all listings sold in Salem, NJ there were more than 2 sold above asking price, over 4 sold below and more than 5 were sold right at the asked price. Between October 2024 and November 2024, Salem, NJ real estate market has seen increase in the number of listings by 8.8%. In November 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $170,000.

From Rocket Homes Real Estate and based on county public records data.

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