$160,000

300 E Broadway

SALEM NJ, 08079

Description

Rental property priced for immediate return on investment. Four total units include; two 2 bedroom apartments and two 1 bedroom apartments. Common entry doors are keyed to provide added tenant security. Building is well maintained for turnkey operation. Off-street parking and security lighting is provided. Property is up-to-date & qualified for five-year certification by the NJ Department of Community Affairs (for multi-family properties). New hot water tank, new electrical panels & new circulator pumps installed 2019. Current NJ multi-unit building 5 year certification is active. Seller has roof installed 2020. ROI 18% or more. Seller is offering this property as-is.

Details

MLS#NJSA137876
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site118

Features

SQ Feet3,472
Units4
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Area Information
StateNJ
CitySALEM
Zip Code08079
AreaSalem City (21713)
Listing VS Median (in 08079)
Price:
$160,000
low | high
Med:
$140,000
62.5% of Average
SqFt:
3,472
low | high
Med:
2,016
91.935483870968% of Average
$ / SqFt:
$46
low | high
Med:
$69
2% of Average
On Site:
118
low | high
Med:
18
100% of Average
Listing Updated: 08/13/2020
Dennis E Newton LogoMLS Number: NJSA137876
Listing Provided By:
Dennis E Newton  of  Pino Agency-Pennsville