1 month on rocket

Sale Pending

405 E Broadway, Salem, NJ, 08079

$139,000

Home List Price

$1,651*

Closing Credit

2 Bedrooms
1 Full Bath
1,120 SqFt
$124/SqFt
House
Schools Nearby

Location

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405 E Broadway, Salem$139,000

Buyer Closing Credits

$1,651*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1900
HeatingRadiant, Baseboard
CoolingNone
BasementYes
MLS #NJSA2010004
Lot Size0.20 Acres
StatusSale Pending
(PENDING)

About 405 E Broadway

Attention investors or first time home buyers!! This is a great investment property for a rental (previously used as one) or a great first home for buyers! There are two bedrooms with an extra bonus room and one full bathroom. New flooring was installed and a fresh coat of paint through out! The laundry is conveniently located on the main floor. Large backyard with fencing! Schedule your appointment to see this home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Exit Homestead Realty Professionals
  • Office Phone: (856) 692-3948
  • Listing Agent: Susan E Rumpp

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Radiant, Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Salem Middle School, Public District Grades 3-8

Other

Directions Information:

  • Directions: Corner of Yorke and Broadway

Municipality:

  • Salem City

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,000
  • Price Per SqFt: $124/SqFt

Tax Information:

  • Annual Amount: $2,947
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$170K

Med. Price/SqFt

$124

Avg. Days On Market

62

# of Sold Homes

16

405 E Broadway vs Salem

41 DAYS ON ROCKET

-21 Days

$139,000

-$31K Less

$124/SqFt

-$0 Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $0/SqFt less than other homes in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2010004

Listing Office:

  • Office Name: Exit Homestead Realty Professionals
  • Office Phone: (856) 692-3948
  • Listing Agent: Susan E Rumpp

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:10:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2018Home Sold
$55,000
Jan 03, 2005Home Sold
$72,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,947$40,600
2019$2,807$40,600
2018$2,773$40,600
2017$2,773$40,600

History based on county public records data.

Payment Calculator

$761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$483

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2839369
2
/10

  • Salem Middle School

  • 51 New Market St

  • 0.61 miles

  • Public District Grades 3-8

High School

school-card-donut-2839370
3
/10

  • Salem High School

  • 219 Walnut St

  • 0.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,389. Typical income of Salem, NJ residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 405 E Broadway

What is the listing price of this property?

The listing price of 405 E Broadway property is $139,000.

What type of property is this?

The property 405 E Broadway is a house located in Salem, New Jersey, 08079.

Is this property for sale now?

Sale Pending: 405 E Broadway is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 405 E Broadway are:
Salem Middle School: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,947 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 14, 2018 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 405 E Broadway has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 405 E Broadway is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 405 E Broadway is 1900.

Rocket Homes›New Jersey›Salem County›Salem›08079›405 E Broadway

This home is located at 405 E Broadway in Salem, NJ and zip code 08079. This 1,120 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $139,000.

In March 2024, from all listings sold in Salem, NJ there were more than 9 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Salem, NJ between February 2024 and March 2024 increased by 5.3%. Listings spent 62 days on the market in March 2024, and had a median list price of $170,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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