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Listed price in listed location currency (USD).
$499,000

010

MLS® NJSA2014196

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 8770 sqft
Garage 
Taxes $13,741
Days Active 415
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $56
MLS® Number NJSA2014196

Property Address: 196 E Broadway, Salem, NJ, 08079-1149

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. MUST HAVE MIXED USE PRE APPROVAL WITH OFFER 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.
MLS® NumberNJSA2014196
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
DrivewayOn Street, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2025List Date
$499,000List Price
-End Date
Not Sold YetSold Price

For Rent

Mar 6, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
196 E Broadway, Salem, NJ

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