300 Broadway
Salem, NJ 08079
MLS #6883453

  • 4units
  • 6beds
  • 4baths
  • 0.11acres
  • 3,900sq ft
ACTIVE $159,900
Est. P&I payment: $610.71/mo
300 Broadway, Salem, NJ 08079
  • 300 Broadway, Salem, NJ 08079 Photo 1
  • 300 Broadway, Salem, NJ 08079 Photo 2
Description for 300 Broadway, Salem, NJ 08079
Rental property priced for immediate return on investment. Existing income from rent totals 2900 per month. Four total units include; two 2 bedroom apartments and two 1 bedroom apartments. All apartments are tenant occupied. Common entry doors are keyed to provide added tenant security. Building is well maintained for turnkey operation. Off-street parking and security lighting is provided. Existing up-grades are near completion as needed to qualify for five-year certification by the NJ Department of Community Affairs (for multi-family properties).
MLS #6883453
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My Notes for MLS #6883453

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: AptBldg
  • Entrance: Foyer,​CommonEntr,​SecuredEntr,​KeyedEntr
  • Floor: Wood,​Vinyl
  • Gross Square Feet: 3,900
  • Land Square Feet: 4,800
  • Total Units: 4
  • Property Age: 80
  • County: SALEM
  • Subdivision: BROADWAY

Exterior Features

  • Water Front: N
  • Exterior: Other
  • Exterior Features: Sidewalks,​StreetLights,​Fencing,​SatelliteDsh
  • Foundation: BlckBrck
  • Roof: Slate
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: 4-CarParking,​ParkingLot

Interior Features

  • Basement: Y
  • Basement Type: Partial,​Unfinished
  • Interior Features: CableTVAvail,​WindowTrmts
  • Two Bedroom Unit Count: 2
  • Baths Full Unit 1: 1
  • Beds Unit 1: 2
  • Room Count Unit 1: 5
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Room Count Unit 2: 4
  • Baths Full Unit 3: 1
  • Beds Unit 3: 2
  • Room Count Unit 3: 5
  • Beds Unit 4: 1
  • Baths Full Unit 4: 1
  • Room Count Unit 4: 4

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 850
  • Unit 2 Monthly Rent: 650
  • Unit 3 Monthly Rent: 800
  • Unit 4 Monthly Rent: 650
  • Annual Heating Expense: 4,500
  • Annual Insurance Expense: 1,800
  • Annual Maintanance Expense: 1,500
  • Annual Other Expense: 3,000
  • Annual Water Sewer Expense: 4,400
  • Tax Year: 2017
  • Total Assessment: 143,600
  • Total Taxes: 9,808

School Features

  • Elementary School: JOHN FENWICK E.S.
  • High School: SALEM H.S.
  • Middle School: SALEM M.S.
  • School District: Salem City

Miscellaneous Features

  • New Construction: N
  • Property Condition: Average+Prop
  • Storage: Basement,​Attic
  • Type: SingleBldg


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The listing information for 300 Broadway, Salem, NJ 08079 was graciously provided by our friends at the listing brokerage, Pino Agency-Pennsville

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P&I Payment $610.71
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Last Updated 04/21/2018 at 2:44pm
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