Search
4-Unit Multifamily Building
For Sale
$190,000

315-317 E BROADWAY, Salem, NJ 08079

Multi-Family, SALEM, NJ

Property Size5,645 SF
Lot Size0.31 Acres
Price / SF$33.66
Days on Market113

Property Features for 315-317 E BROADWAY

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features On Street
Elementary school district SALEM CITY SCHOOLS
Middle school district SALEM CITY SCHOOLS
High school district SALEM CITY SCHOOLS
Standard status Active
Size 5,645 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Annual Amount 8144

Building Details

Year built 1900
Number of units 1
Building materials Brick, Stucco
Architectural style Colonial
Listing Agency: Keller Williams - Main Street
Listed By: Michael Stollenwerk
Added: Jun 16 Changed: Oct 3 Last Checked: Oct 6 at 11:06AM
MLS# NJSA2019272

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 5,645 square feet on a 0.31-acre lot. Built in 1900, the Colonial-style building has brick and stucco exterior materials, a basement, and on-street parking. Its existing four-unit configuration is a defined starting point for multifamily ownership.

Key Highlights

  • Four‑unit multifamily property
  • 5,645 square feet of building area
  • 0.31‑acre lot

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - A substantial brick-and-stucco property includes basement space and on-street parking.
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; 0.31‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again