296 E Broadway, Salem, NJ 08079

$130,000
5
BD
2
BA

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List Price
$130,000
Days on Market
118
Status
ACTIVE
MLS#
NJSA2017992
Bedrooms
5
Bathrooms
2
Full Baths
2
Lot Size (Acres)
0.15
Style
Other
Year Built
1940
County
Salem
School District
Salem City Schools

Property Description

Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartments—a 3-bedroom, 1-bath and a 2-bedroom, 1-bath. The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible location. Situated on a generously sized lot, the property offers a large rear parking area along with a spacious garage, perfect for storage, equipment, or potential additional use. With strong potential for mixed-use income and a desirable location along East Broadway, this is a rare opportunity to create value and maximize returns.

Additional Information

Area
Salem City (21713)
Subdivision
None Available
Taxes
$8947
School District
Salem City Schools
Heating
None
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: 8566855600