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About the Listing EXITUPTN - 3197552
**π’ Investment Opportunity β Duplex for Sale!** π **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. π **Recent Improvements Include:** β **New vinyl windows** throughout the property β **Third full bathroom** added on the 3rd floor β finish work needed π *Note: Due to the homeβs location in Salemβs 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. π **Schedule your showing today!**
Listing Highlights for 77 W Broadway
Status
Active
Days on Site
102
Property Type
Multi-Family
MLS ®
NJSA2015200
Year Built
1840
Total Square Footage
2,841
Lot/Acreage
0.3
Interior Details
- Bedrooms: 5
- Bathrooms: Full
- Appliances: Refrigerator
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2841
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 55.00 x 238.00
- Zoning: RESIDENTIAL
- Roof: Asphalt
- Others: Average
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Detached Garage,Driveway,1+ Spaces
Financial Details
- Tax Amount: $6,520
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
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Listing Location
Questions About..
77 W Broadway Salem, NJ 08079
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