$225,000

385-387 E BROADWAY, Salem, NJ 08079

  • 3,126 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon โ€”โ€” car garage
  • Property Price Per Square Feet Icon $72/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Investor Alert โ€“ Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: ๐Ÿ”น Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage ๐Ÿ”น Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas ๐Ÿ”น Driveway with Rear Parking + Street Parking ๐Ÿ”น Both Units Rented to Cash-Paying Tenants Recent Improvements: โœ… Newer Furnaces in both units โœ… Newer Carpets & Fresh Paint throughout โœ… Newer Roof โ€“ major systems updated and ready for long-term holding Tenants are in place and pay on time Property is being sold as-is Ideal for investors or owner-occupants Strong cash flow from Day 1 Donโ€™t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS

Listing Status:
Pending
Data Last Updated:
February 6, 2026 at 8:21PM
Listing Office:
Vylla Home : 8562060413
Listing Agent:
Christine Boysen : 6096705109
MLS ID:
NJSA2016172
  • General: Other
  • A/C: Window Unit(s)
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: OtherAbove GradeBelow Grade
  • Style: Colonial
  • Other Structures: Porch
  • Parking: Crushed Stone
  • General: Vinyl SidingBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: SALEM CITY SCHOOLS
  • County: SALEM-NJ
  • Zoning: RESIDENTIAL13-00071-00003
  • Utilities: Natural gas availableElectric availableCable tv available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

Presented by Veterans United Realty

This listing courtesy of Christine Boysen , Vylla Home

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  โ€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

John Fenwick Academy

183 Smith St, Salem, NJ, 08079

Grades PK-2

0.49 miles away

S

Salem Middle School

51 New Market St, Salem, NJ, 08079

Grades 3-8

0.55 miles away

S

Salem High School

219 Walnut St, Salem, NJ, 08079

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.