196 E Broadway

SALEM, NJ 08079

  • 0 Bed(s)
  • 1.0 Bath(s)
  • 0 Sqft
  • 4587
    Sqft(Lot)
$600,000

Description

Mixed-use investment opportunity
6 residential units 2 commercial
**motivated seller **.


196-198 e. broadway, salem, new jersey

*six spacious residential apartments ( rents below market)
*two large commercial stores on the ground floor


welcome to 196-198 e. broadway, salem, new jersey – a prime investment opportunity!

this mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. situated in the heart of salem city, this property offers the perfect blend of residential comfort and commercial potential.

the residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. the property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.

this property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. its prime location and versatile use make it a valuable asset in the real estate market.

don't miss out on this fantastic investment opportunity in salem city, new jersey.

  • Property Type

    Residential

  • Subdivision

    None Available

  • County

    SALEM

  • Style

    Other

  • AD ID

    48994434

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Property Details

  • Bedroom Information

    • Total Bedrooms : 0
    • Master Bedroom Level: 0

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1940
    • Structure: Other
    • New Construction: No
    • Built: 1940
    • Construction Material: Brick
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 4,587
    • Dimensions: 35.00 x 131.00
    • Lot Size (Acres): 0.11
    • Architectural Style: Other
    • Main Square Feet: 4,587

    Property Information

    • SQ ft: 8,770
    • SQ ft (Living Area): 8,770
    • Total Lot SQ ft: 4,587
    • Subdivision: NONE AVAILABLE
    • Appx. Lot Dimensions: 35.00 x 131.00
    • Total Acreage: 0.11
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: 31-60 Days CD
    • Days Of Market: 1

  • Tax Information

    • Annual Tax: $13,741
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • 31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $174,800

  • Parking Information

    • Parking Type: On Street,Other

    Homeowners Association Information

    • Direction: 196 e broadway salem nj

  • School Information

    • School District: SALEM CITY SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: 196 e broadway salem nj
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 04/01/2025 @ 14:38

  • MLS: NJSA2014196
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 0 bedrooms which is recently sold, it has 0 sqft, 4,587 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SALEM , in zip code 08079, this SALEM County Home , it is in the NONE AVAILABLE Subdivision, are nearby neighborhoods.