385 E Broadway, Salem, NJ 08079

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Sold Price
$238,000
List Price
$225,000
Closing Date
Feb 17, 2026
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)
Interior Features
Other
School District
Salem City Schools
Exterior Features
Other
Heating
Forced Air
Cooling
Window/Wall
Utilities
Natural Gas Available, Electric Available, Cable 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: HomeSmart First Advantage Realty.