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Two-Unit Duplex Property
For Sale
$135,000

287 East Broadway, Salem, NJ 08079

Residentially zoned duplex offered in its current condition, with buyer responsibility for inspections and certifications.

Property Size2,870 SF
Price / SF$47.04
Days on Market603

Property Features for 287 East Broadway

General Information

Standard status Active
Size 2,870 SF
Property subtype Multi-Family / Fee Simple
Zoning RESIDENTIAL

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,834

Amenities

No
2+ Access Exits
No Pool
Above Grade, Below Grade

Building Details

Year Built 1900
Listing Agency: BHHS Fox & Roach-Marlton
Listed By: Ivan N. Kiyatkin · License #229421
Source: Compass
Added: Jan 5, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Marlton

Investment Insights

Based on property information with market context.

This duplex contains two apartment units within a 2,870-square-foot property built in 1900. The building is zoned RESIDENTIAL and includes above-grade and below-grade areas, along with 2+ access exits. It is offered in its existing condition and requires buyer-directed inspections and certifications.

The property is located at 287 East Broadway in Salem City, New Jersey, within the Salem City Schools district. A no-pool configuration is noted for the site. The duplex format provides a clearly defined two-unit residential income property for buyers evaluating an older building that requires additional work and due diligence.

Key Highlights

  • Two apartment units in a duplex configuration
  • 2870 SF property built in 1900
  • RESIDENTIAL zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Dental Office Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 08079, NJ

10,793
Population
5,213
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
88.7 sq mi
ZIP Area
122
Density / Sq Mi
$60,375
Median Household Income
$46,345
Median Earnings
$1,057
Median Rent
$180,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residentially zoned duplex offered in its current condition, with buyer responsibility for inspections and certifications.
Where is this duplex located?
The property is located at 287 East Broadway Salem, NJ.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two apartment units in a duplex configuration; 2870 SF property built in 1900; RESIDENTIAL zoning
More about this property
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