77 W BROADWAY, Salem, NJ 08079
- 2,841 sqft
Duplex
Built in 1840
0.3acre lot
1 car garage
$65/sqft
Listed 29 days ago
Property Description
**๐ข Investment Opportunity โ Duplex for Sale!** ๐ **77 W Broadway, Salem, NJ 08079** **Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key updates already in place. Unit one is a 2-bedroom, 1- 2nd-floor unit that offers 2 bedrooms and 1 bathroom, with 2 more bedrooms on the 3rd floor with a bathroom. Also reinforced the structure under the 2nd floor build-out in the dining area. Whether you want to expand your rental portfolio or flip and sell, this property provides a strong foundation. ๐ **Recent Improvements Include:** โ **New vinyl windows** throughout the property โ **Third full bathroom** added on the 3rd floor โ finish work needed ๐ *Note: Due to the homeโs location in Salemโs Historic District, communication with the Salem Historical Society is advised for exterior modifications and permits.* With a bit of finishing work, this property is ready to generate income or deliver value in a growing rental market. Don't miss your chance to own a piece of Salem's charm with modern potential. Potential rent for the first floor would be between $1400-1500, and the 2nd floor, $1900 or more. The garage could be rented out or turned into a laundry. ๐ **Schedule your showing today!**
- Listing Status:
- Active
- Listing Office:
- Exit Homestead Realty Professionals : 8566923948
- Listing Agent:
- Richard Clarke : 8564699200
- MLS ID:
- NJSA2015200

- Appliances: Refrigerator
- A/C: None
- Heating: Baseboard - ElectricElectric
- Disability Feature: 2+ Access Exits
This listing courtesy of Richard Clarke, Exit Homestead Realty Professionals
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Salem Middle School
51 New Market St, Salem, NJ, 08079
Grades 3-8
0.39 miles away
Salem Middle School
51 New Market St, Salem, NJ, 08079
Grades 3-8
0.39 miles away
Salem High School
219 Walnut St, Salem, NJ, 08079
Grades 9-12
0.99 miles away