385 E Broadway, Salem, NJ 08079

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Sold Price
$238,000
List Price
$225,000
Closing Date
Feb 17, 2026
Days on Market
119
Status
CLOSED
MLS#
NJSA2016172
Living Area
3,126
Lot Size (Acres)
0.22
Style
Colonial
Year Built
1870
County
Salem
School District
Salem City Schools

Property Description

Investor Alert – Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: 🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage 🔹 Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas 🔹 Driveway with Rear Parking + Street Parking 🔹 Both Units Rented to Cash-Paying Tenants Recent Improvements: ✅ Newer Furnaces in both units ✅ Newer Carpets & Fresh Paint throughout ✅ Newer Roof – major systems updated and ready for long-term holding Tenants are in place and pay on time Property is being sold as-is Ideal for investors or owner-occupants Strong cash flow from Day 1 Don’t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS

Additional Information

Area
Salem City (21713)
Taxes
$5508
Stories
2
Interior Features
Other
School District
Salem City Schools
Exterior Features
Other
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Utilities
Natural Gas Available, Electric Available, Cable TV Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Vylla Home. Contact:

Selling Office: .