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Marjorie Dick Stuart

  • Cell 240-731-8079
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196-198 E Broadway, SALEM, NJ – $600,000

  • $600k Price
  • 8,770 Sqft
  • .11 Acres
  • 173 DOM
  • $600k Price
  • 8,770 Sqft
  • .11 Acres
  • 173 DOM

196-198 E Broadway

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.

Essential Information

  • MLS® #NJSA2011762
  • Price$600,000
  • Bathrooms0.00
  • Square Footage8,770
  • Acres0.11
  • Year Built1940
  • TypeMulti-Family
  • Sub-TypeOther, Over Storefront
  • StyleOther
  • StatusActive

Community Information

  • Address196-198 E Broadway
  • AreaSalem City (21713)
  • CitySALEM
  • CountySALEM-NJ
  • StateNJ
  • MunicipalitySALEM CITY
  • Zip Code08079

Interior

  • HeatingBaseboard - Electric
  • CoolingNone

Exterior

  • ExteriorBrick and Siding

School Information

  • DistrictSALEM CITY SCHOOLS

Additional Information

  • Date ListedJuly 31st, 2024
  • Days on Market173
  • ZoningMIXED

Listing Details

  • OfficeColdwell Banker Excel Realty
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Listing information last updated on January 19th, 2025 at 2:45pm CST.