Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
19
Photos
2
beds
1
bath
1,168
sqft
Built in
1900
Investor Special! This centrally located home at 311 E Broadway in Salem, NJ presents an incredible opportunity for investors. Currently tenant-occupied with a lease in place until 8/31/2024 and a reliable tenant paying $1165 in rent, this property offers immediate income potential. Photos taken prior to tenant occupancy. It is currently occupied. The updated interior features new Luxury Vinyl Plank flooring, fresh paint, and ample natural light, creating an attractive space for tenants. With a well-maintained lease in place and a tenant in good standing, this property provides a hassle-free investment opportunity. Conveniently located near town amenities and public transportation, this property is an ideal addition to any investor's portfolio. Don't miss out on the chance to acquire a turnkey investment with a reliable rental income. Schedule a showing today and seize the opportunity to add this income-generating property to your portfolio.
Features & Amenities
Interior
- Basement:
- Unfinished
- A/C:
- None
- Heating:
- Y, Forced Air, Oil
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Traditional
Construction
- General:
- Aluminum Siding, 2, Stone
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- SALEM CITY SCHOOLS
- County:
- SALEM
Lot
- Zoning:
- RES, 13-00065-00026
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Compass New Jersey, LLC - Moorestown, Jennifer J Rothenberger
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
Powered by
Ready to get started? Get prequalified »
About Salem, NJ
Housing
- Number of Units
- 5,233
- Median Home Value
- $164,753
- Median Rent
- $651
37.57% of housing units are renter occupied.
13.02% are vacant.
Commute
- Car
-
75.47%
- Public Transportation
-
1.13%
- Walk to Work
-
1.29%
- Work from Home
-
19.95%
- Other
-
1.73%
The median travel time to work is 24 minutes.
People
- Population
- 11,311
- Median Age
- 39.40
- Median Household Size
- 2.53
Education
- High School
-
42.85%
- Associate’s Degree
-
9.82%
- Bachelor’s Degree
-
8.58%
- Graduate Degree
-
5.03%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
Interested in this home?
Request more information: