Primary listing photo

294 E Broadway, Salem, NJ, 08079

5beds
2baths
1,856sqft
$130,000
$70price/sqft
$1,196/moest. monthly cost
$47,840/yrincome needed

About This Home

Investor special with immediate income potential! This spacious property features 5 bedrooms and 2 full bathrooms, offering plenty of room and strong rental appeal. The home is tenant-occupied, providing the opportunity for instant cash flow from day one. With its size and layout, this property is well-suited for long-term rental or value-add improvements to maximize returns. Conveniently located on East Broadway, this is a great addition to any investment portfolio.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

3/10
Salem Middle SchoolGrades 3-80.3 mi
5/10
Salem High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,856

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,856
  • Total interior livable area: 1,856 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 130003500013
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 6,599 sqft
  • Lot size dimensions: 40.00 x 165.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes