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196-198 E Broadway, 
Salem, NJ 08079

$600,000


Bed


1

Bath


8,770

Sq Ft


Single Family

Active

Last updated:

May 5, 2025, 01:59 PM

MLS#

NJSA2014196

Source:

BRIGHTMLS

Company Logo

About This Home

196-198 E Broadway

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.

Home Facts

Single Family

1 Bath

Built in 1940

Price Summary

600,000

$68 per Sq. Ft.

MLS #:

NJSA2014196

Last Updated:

May 5, 2025, 01:59 PM

Added:

1 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

8,770 Sq. Ft.


Structure

Structure

Building Area:

8,770 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$600,000

Price per Sq. Ft:

$68 per Sq. Ft.

196-198 E Broadway
Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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