196-198 E BROADWAY, Salem, NJ 08079
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196-198 E BROADWAY, Salem, NJ 08079
196-198 E BROADWAY, Salem, NJ 08079
196-198 E BROADWAY, Salem, NJ 08079
196-198 E BROADWAY, Salem, NJ 08079
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Maya Felsenstein

Maya Felsenstein

+1(561) 797-7899
Listed by jennifer Derevlany • Coldwell Banker Realty
$ 499,000
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Price Dropped by $100K

196-198 E BROADWAY Salem, NJ 08079

4,587 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID NJSA2014078

Year Built 1940

Lot Size 4,587 Sqft

Acres 0.11

Lot Dimensions 35.00 x 131.00

Property Sub-Type Retail

Source BRIGHT

Property Description

MUST HAVE MIXED USE PRE APPROVAL WITH OFFER!!!

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.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning MIXED

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00027-00013

Ownership Other

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Maya Felsenstein
Maya Felsenstein

REALTOR® | License ID: 1968412

+1(561) 797-7899 | maya@mayafelsensteingroup.com

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196-198 E BROADWAY

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