261 E Broadway, Salem, NJ 08079
OFF MARKET

261 E Broadway
Salem, NJ 08079

  • Studio
  • 4 Baths

$133,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,045/mo*
Refinance Your Home

$133,600

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $1,045/mo*
Refinance Your Home
Studio
4 Baths

Home Value

Trulia Estimate
$134K
Since last month
Increased$2K (+1.3%)
Since last year
Decreased$9K (-6.3%)
Since last sale
Increased$108K (+414.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +227% in the last 10 years
MonthEstimated value
2026
August 2026$134K
July 2026$132K
June 2026$154K
May 2026$146K
April 2026$136K
March 2026$152K
February 2026$140K
January 2026$152K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
244 East Broadway, Salem, NJ
0.03
Multi-Family Home
$15,000
04/10/26
9
4
3,536
162 7th St, Salem, NJ
0.16
Multi-Family Home
$140,000
05/18/26
5
2
2,061
287 E Broadway, Salem, NJ
0.10
Multi-Family Home
$80,000
07/24/26
-
2,870
32 Olive St #4, Salem, NJ
0.26
Multi-Family Home
$99,900
02/16/26
6
-
3,140
10 Walnut St, Salem, NJ
0.09
Multi-Family Home
$150,000
12/29/25
-
3,088
39 Oak St, Salem, NJ
0.40
Multi-Family Home
$240,000
12/02/25
7
2
2,072
300 E Broadway, Salem, NJ
0.13
Multi-Family Home
$210,000
01/16/26
-
3,472
297 Pearl St, Salem, NJ
0.35
Multi-Family Home
$205,000
10/09/25
5
-
2,444
371 E Broadway, Salem, NJ
0.35
Multi-Family Home
$175,000
08/11/26
6
-
3,440
49-51 Elm St, Salem, NJ
0.33
Multi-Family Home
$230,000
03/31/26
4
-
2,512

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
208 Church St #210, Salem, NJ 08079
0.07
$216,200
6
-
2,921
Off Market
12 Church St, Salem, NJ 08079
0.06
$78,000
3
1
1,214
For Sale
234-236 Church St, Salem, NJ 08079
0.05
$90,400
5
2
2,394
Off Market
16 Church St, Salem, NJ 08079
0.06
$150,700
3
1
1,416
Off Market
6 Walnut St, Salem, NJ 08079
0.09
$70,000
4
2
1,764
Recently Sold
264 E Broadway, Salem, NJ 08079
0.05
$150,000
3
1.5
1,584
Recently Sold
217-219 Church St, Salem, NJ 08079
0.09
$218,600
6
2
2,256
Off Market
217 Church St #219, Salem, NJ 08079
0.09
$174,000
14
-
2,256
Off Market
266 E Broadway, Salem, NJ 08079
0.05
$143,500
2
2
1,865
Off Market
272 E Broadway, Salem, NJ 08079
0.06
$65,000
3
2
1,500
Recently Sold
8 Eakin St, Salem, NJ 08079
0.08
$248,100
4
2
1,676
Off Market
190 7th St, Salem, NJ 08079
0.10
$180,900
3
-
2,720
Off Market

Local Information

  • Map ViewExplore the area around 261 E Broadway.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family

About this House

Priced to sell. Five Unit building on Broadway in Salem within walking distance to court house and restaurants. Currently 3 residential units and two professional office units (formerly a dentist office and medical office, both now vacant). New roof in 2009. Some off street parking. Lots of potential. Being sold completely as is. also listed in commerical MLS# 5682442
261 E Broadway, Salem, NJ 08079 is a studio, 4 bathroom multi-family. It last sold for $26,000 on Jan 9, 2012. It is currently off market. The Trulia Estimate is $133,600, with a rent estimate of $1,565/month.

Home Details for 261 E Broadway

Property Information

Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 9147 sqft

Price and Tax history

DateEventPrice
Jan 9, 2012
Source: N/A
Sold
$26,000
Jun 1, 2011
Source: Agent Provided
PriceChange
$39,900
Price decreased by 6%
Feb 26, 2011
Source: Agent Provided
Listed For Sale
$42,500
Nov 10, 2010
Source: Agent Provided
ListingRemoved
$50,000
Aug 15, 2010
Source: Agent Provided
PriceChange
$50,000
Price decreased by 28%

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
65

Around this home

What Locals Say about Salem

At least 73 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 78 % Say yards are well-kept

  • 73 % Say there are sidewalks

  • 71 % Say parking is easy

  • 65 % Say it's dog friendly

  • 65 % Say kids play outside

  • 64 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 54 % Say there's wildlife

  • 53 % Say it's walkable to restaurants

  • 48 % Say it's quiet

  • 41 % Say streets are well-lit

  • 36 % Say there are community events

  • 34 % Say people would walk alone at night

  • 32 % Say they plan to stay for at least 5 years

  • 18 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Kayana Benson
    "My neighbors, are very friendly, they are some great helpful people but you have to be careful who you surround yourself and tell business too, overall salem is a small community in everybody just trying to do the same thing in that’s living day by day."
    1
    Flag
  • Peggy Brown
    "I don’t know of any events that were held that would make me say that my neighborhood special st all."
    0
    Flag
  • Famgoon Chop
    "The town is horrible no shopping store nothing ! In it’s also very dangerous . In a bad environment to raise kids "
    0
    Flag
  • Angelashockley56
    "None anymore it's a small town with a lot of violence crime.There's no grocery store you need a vehicle to go to the mall or any other department store."
    13
    Flag
  • Angelashockley56
    "There are buses my city is small so it's not far to walk to a bus that comes each way every 25 30min."
    5
    Flag
  • Kiersten H.
    "I know all the dogs in my area, when one gets out of the yard anyone who is available to help joins in. I’ve personally returned neighbors dogs that wandered in my yard to play with my dog. There are allot of sidewalks, most maintained, some not. There’s also allot of areas of nature walks to check out"
    10
    Flag
  • Jefferson B.
    "Gun shots gun shots gun shots. Place is horrible. Would not recommend moving here. Cheap rent isn’t worth your life. "
    26
    Flag
  • Kiersten H.
    "We have lived here for 3 years now. We love the neighbors, the city is getting rid of the bad seeds in town and allot of great people are coming in. So much history and new businesses are popping up, soul food, distilleries, little shops. Great place! "
    10
    Flag
  • Kiersten H.
    "On 8th street there is a strong sense of community, we all know each other and we are all interested in the rich history and development of the city. Low taxes and great neighbors, as a PhD student at Rutgers I feel welcome as a homeowner in the area. I highly recommend. "
    5
    Flag
  • Kiersten H.
    "My neighborhood has many historical homes. Poor individuals have been moving out, and more businesses are moving in. Very low taxes "
    5
    Flag
  • Waynelipk0
    "Quaint little "shore" feeling town. No businesses so you have to drive to get anything. neighbors are all friendly. "
    0
    Flag
  • Orlando M.
    "People usually got the dogs in cages They do not pick up after the dogs they do not care after their dogs they have their dogs always locked up in cages"
    2
    Flag
  • Puniboy
    "i live along the main highway where there are no sidewalks. getting anywhere requires driving. people tend to use the shoulder of the road to pass vehicles turning in the opposite direction"
    0
    Flag
  • shorty
    "Chestnut Terrace is similar to living in Elsinboro. Quiet, safe, and good neighbors. Great place for walks and bike rides with no traffic. Inexpensive taxes with a beautiful home! School choice is available."
    3
    Flag
  • Puniboy
    "Quinton Township School is great! The few restaurants we do have are awesome! The community is very welcoming and very hospitable. "
    0
    Flag
  • Patrick M.
    "There is no public transportation. There is only one stoplight in town. There is little traffic. I do not know what else they want me to say about the non-existent traffic in this small town."
    0
    Flag
  • Adeadfaith
    "Country living. Everything is very spread out. Neighbors are friendly. Biggest flaw is there is no grocery store. Safe neighborhood tho. "
    0
    Flag
  • Nicolereiter7
    "My neighborhood is quiet and private. There a few small country stores near by for the essentials and just enough local eateries to keep it interesting. We are just far enough from the bridges to be convenient."
    0
    Flag
  • Nicolereiter7
    "I have not lived in Mannington Township however love the area. It is great mix of open land and little neighborhoods. "
    0
    Flag
  • Linda S.
    "It is a true shame what this area of town has become... I grew up in 266 Sinnickson St and the area was wonderful back in those days... If the area was cleaned up from crime, etc. than I would actually think about living there again... I do have many fond memories of this home... "
    12
    Flag
  • spacepotato44
    "In 15 months I will live here and it is good. It has been 6 seconds and I still like this place :)))"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 261 E Broadway

  • What is 261 E Broadway estimated to be worth?
    Trulia's estimated value for 261 E Broadway in Salem, NJ is $133,600.
  • What is the price history for 261 E Broadway?
    261 E Broadway in Salem, NJ last sold for $26,000 in January 2012.
  • Is Salem a buyer's or seller's market?
    Salem is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Salem?
    Residents describe Salem, NJ as well-kept, pedestrian-friendly, and easy to park in. See recently sold homes in Salem, NJ.

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Off Market Homes Near 261 E Broadway

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