Listing Agency: Keller Williams - Main Street Show Phone

Listed By: Michael Stollenwerk Show Phone

Source: Palmerharned

Added: Oct 7 Last Checked: Oct 14 at 11:03PM

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Investment Insights

Based on property information with market context.

Located at 315-317 E Broadway in downtown Salem, New Jersey, this multifamily property contains four residential units within 5,645 square feet. The property is offered for sale.

Key Highlights

• Four‑unit multifamily property
• 5,645 square feet of building area
• Situated at 315‑317 E Broadway in downtown Salem, New Jersey

Property Analytics

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Current Use

Quadplexes

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

403

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - The downtown Salem, New Jersey property offers a four-unit residential configuration.

Where is this quadplex located?

The property is located at 315-317 E BROADWAY Salem, NJ.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Four‑unit multifamily property; 5,645 square feet of building area; Situated at 315‑317 E Broadway in downtown Salem, New Jersey