196-198 E Broadway, Salem, NJ 08079

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
196-198 E Broadway,Salem, NJ 08079
$598,000
  • - Beds
  • 1 Baths
  • 8,770 sq. ft.
  • Single family
  • Active
Listed by: jennifer derevlany
Office: coldwell banker realty
MLS#:NJSA2014196
Source:BRIGHTMLS

Price summary

  • Price:$598,000
  • Price per sq. ft.:$68.19

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:NJSA2014196
  • Added:552 day(s) ago
  • Updated:September 23, 2026 at 01:57 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:8,770 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1940
  • Building area:8,770 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$598,000
  • Price per sq. ft.:$68.19
  • Tax amount:$13,741 (2023)

Parking

  • Parking description:On Street

New listings near 196-198 E Broadway