This home's estimate is 60.9% higher than the average sale price ($276K) of 6 comparable homes.
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259 E Broadway, Salem, NJ 08079
About this home
GREAT INVESTMENT FOR YOU - two buildings with a total of six units (many already have tenants)! Front building (duplex) contains a 3 BR/1 BA unit downstairs and a 3 BR/1 BA unit upstairs. Second building in rear contains three 1 BR/1 BA units and one 2 BR/1 BA unit. Newer ovens in all units. Newer hot water heaters in all units. Front duplex has commercial possibilities (w/ township approval - buyer responsible for obtaining). Units in front bldg. (duplex) rented; two units in rear building (quad) are rented. Must have preapproval letter before showing. Property is being sold in "As-Is" condition. Ample parking available on lot. Convenient to shopping a major roadways. This property can pay for itself! Lower Taxes! INVESTOR'S ALERT: Multiple properties listed - packages available for you!!
Redfin Estimate
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Market trends in 08079, NJ
Last updated September 2026
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- NEW 28 HRS AGO
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Sale history for 259 E Broadway





Tax history for 259 E Broadway
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Lot
Interior
- Virtual Tour
- Room Information
- Master Bedroom
- Basement Information
- Basement: Yes
- Full, Unfinished
- Multi Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
- Annual Gross Expense: $6,572
Exterior
- Property Information
- Improvement Assessed Value: $77,500
- Ownership Interest: Fee Simple
- Building Information
- Construction Not Completed
- Construction Materials: Vinyl Siding
- Lot Information
- Lot Size Dimensions: 61X212
- Tidal Water: No
- Land Information
- Land Assessed Value: $92,500
Financial
- Tax Information
- Tax Assessed Value: $170,000
- Tax Year: 2015
- Tax Annual Amount: $6,572
Utilities
- Utilities Information
- Oil
- Heating Fuel: Oil
- Hot Water: Other
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- School Information
- School District Name: SALEM CITY SCHOOLS
- Location Information
- Cross Street: ROUTE 45
- Directions: Rt. 45W - L -E. Broadway.
- Municipality: SALEM CITY
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.3 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1894
- Year Renovated: —
- County: Salem County
- APN: 1300062 00012
Around this home
Schools
Public 3-8 • Assigned • 0.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 38-52% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 103° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
2 unhealthy days expected this year, 4 days in 30 years
Sun exposure
In this area, properties receive around 9.1 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.
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Home values near 259 E Broadway
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1200 Sq. Ft. | — |
3 Beds | 2 Baths | 1865 Sq. Ft. | $190,250 |
| Address | Redfin Estimate |
|---|---|
10 Beds | 6 Baths | 4000 Sq. Ft. | $390,903 |
7 Beds | 2 Baths | 2446 Sq. Ft. | $118,610 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1584 Sq. Ft. | $231,604 |
3 Beds | 1.5 Baths | 2622 Sq. Ft. | $165,597 |
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