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280 Broadway

Salem, NJ 08079

3 bd 2 ba 2,500 sqft Built 1900 Lot 7,260 sqft single_family
Most recent sale
$50,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $50,000 MLS #NJSA2002874
Feb 21, 2022 Listed $57,200 MLS #NJSA2002874
Nov 23, 2020 Sold $61,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,900 $8,100 $64,000 $5,521
2024 $55,900 $8,100 $64,000 $5,262
2023 $55,900 $8,100 $64,000 $5,031
2022 $55,900 $8,100 $64,000 $4,810
2021 $55,900 $8,100 $64,000 $4,645
2020 $55,900 $8,100 $64,000 $4,551
2019 $55,900 $8,100 $64,000 $4,524
2018 $55,900 $8,100 $64,000 $4,424
2017 $55,900 $8,100 $64,000 $4,371
2016 $28,300 $49,700 $78,000 $3,054
2015 $28,300 $49,700 $78,000 $3,015
2014 $56,800 $99,800 $156,600 $6,022
2013 $56,800 $99,800 $156,600 $5,736
2012 $56,800 $99,800 $156,600 $5,588
2011 $56,800 $99,800 $156,600 $5,775
2010 $56,800 $99,800 $156,600 $5,625
2009 $56,800 $99,800 $156,600 $4,990
2008 $56,800 $99,800 $156,600 $4,728

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,500 sqft
Lot size
7,260 sqft
ZIP code
08079
City
Salem
Street
Broadway
Coordinates
39.56918, -75.46322

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 280 Broadway last sell?
280 Broadway most recently sold on Apr 15, 2022 for $50,000.
What is the current tax assessment for 280 Broadway?
The most recent total assessment for 280 Broadway (year 2025) is $64,000 with $5,521 in property tax.
How does 280 Broadway's assessment compare to its last sale price?
The current assessment is 28.0% above the last sale price of $50,000.
When was 280 Broadway built?
280 Broadway was built in 1900.
How does 280 Broadway compare to others on Broadway?
We track 8 other properties on Broadway. Browse the list under "Other properties on Broadway" to compare beds, baths, and sale history.
What are the property facts for 280 Broadway?
280 Broadway is a 3 bed, 2 bath, 2,500 sqft, 7,260 sqft lot single_family.
Is 280 Broadway a flip candidate?
No — 280 Broadway does not appear in our flips dataset.
Is 280 Broadway a tax-appeal candidate?
Yes — 280 Broadway appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$204.9K
2026 Q4
$204.1K
ZIP 08079 — Median Price History + Forecast

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