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$599,000
273 Days On Site

196 E BROADWAY 198
SALEM, NJ 08079

For Sale|Residential|Active
0
Beds
1
Total Bath
1
Full Bath
8,770
SqFt
$68
/SqFt
1940
Built
County:
SALEM
Listing courtesy of Coldwell Banker Realty

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215-206-1980
196 E BROADWAY 198196 E BROADWAY 198196 E BROADWAY 198196 E BROADWAY 198
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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.

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Listing Snapshot
Price 
$599,000
Days On Site 
273 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,770 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1940
MLS® Number 
NJSA2014196
Status 
Active
Property Tax 
$13,741
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 months agoPrice changed to $599,000
3 months agoListing updated with changes from the MLS®
7 months agoStatus changed to Active
9 months agoListing first seen on site
General Features
Acres 
0.11
Levels 
Two
Parking 
On StreetOther
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
8770
SqFt Total 
8770
Style 
Other
Water Source 
Public
Zoning 
MIXED
Interior Features
Appliances 
Electric Water Heater
Cooling 
NoneElectric
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
MLS Area 
Salem City (21713)
School District 
SALEM CITY SCHOOLS
Schools
School District
SALEM CITY SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Realty



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Neighborhood & Commute
Source: Walkscore
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