Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
196-198 E Broadway, SALEM
$600
0 Beds
1 Baths
8,770 Sqft
.11 Acres
0 Garages
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® #NJSA2014196
Price$600
Bathrooms1.00
Full Baths1
Square Footage8,770
Acres0.11
Year Built1940
TypeResidential
Sub-TypeOther
StyleOther
StatusPending
Community Information
Address196-198 E Broadway
AreaSalem City (21713)
SubdivisionNONE AVAILABLE
CitySALEM
CountySALEM-NJ
StateNJ
MunicipalitySALEM CITY
Zip Code08079
Interior
HeatingBaseboard - Electric
CoolingNone
# of Stories2
Stories2 Story
Exterior
ExteriorBrick and Siding
School Information
DistrictSALEM CITY SCHOOLS
Additional Information
ZoningMIXED
Listing Details
OfficeColdwell Banker Realty
Office Contact8566855600
LISTING MAP
© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2025.
Listing information last updated on March 20th, 2025 at 1:03am EDT.
