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Rented Duplex Income Property

376 East Broadway Salem, NJ 08079

376 East Broadway, Salem, NJ, 08079
$175,000
For Sale
$175,000

Duplex offered for sale with existing tenants and month-to-month occupancy in place.

Property Size2,023 SF
Price / SF$86.51
Days on Market81

Property Features for 376 East Broadway

General Information

Standard status
Active
Size
2,023 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1900
Listing agency Homestarr Realty
Listed by James Thomas Fisher Jr. · License #2184607
Source Compass
Added: May 2 Updated: Jul 21 at 11:20AM Checked: Jul 21 at 11:20AM

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 Homestarr Realty


Investment Insights

Based on property information with market context.

This property is currently rented and offered “as is,” with buyers responsible for obtaining a Certificate of Occupancy (CO). The configuration includes a 3-bedroom, 1-bath unit and a studio unit. The listing notes that tenants are responsible for electric, and the property is presently set up on a month-to-month arrangement (M2M), with tenants indicating they would like to remain.

The property is located in Salem County under the Salem City Schools district, and the MLS area is Salem City (21713). Please review all terms and responsibilities related to the CO requirement with your attorney and lender prior to submitting an offer.

Key Highlights

  • Duplex offered for sale with existing tenants and month‑to‑month (M2M) occupancy
  • Unit mix includes a 3‑bedroom, 1‑bath unit renting for $1,450 (Section 8)
  • Studio unit renting for $600 (tenants responsible for electric)

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Building Supply Parking Lot & Garage HVAC Service Spa & Massage Center Electrical Service Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offered for sale with existing tenants and month-to-month occupancy in place.
Where is this duplex located?
The property is located at 376 East Broadway Salem, NJ.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Duplex offered for sale with existing tenants and month‑to‑month (M2M) occupancy; Unit mix includes a 3‑bedroom, 1‑bath unit renting for $1,450 (Section 8); Studio unit renting for $600 (tenants responsible for electric)
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