Property

Salem, NJ 08079 196 E Broadway

196 E Broadway Salem, NJ - Image 1196 E Broadway Salem, NJ - Image 2196 E Broadway Salem, NJ - Image 3
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196 E Broadway Salem, NJ - Image 4196 E Broadway Salem, NJ - Image 5196 E Broadway Salem, NJ - Image 6196 E Broadway Salem, NJ - Image 7
Presented By: Coldwell Banker Realty
  • MLS# NJSA2014196
  • 03/18/2025
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • Baths • 1
  • SQFT • 8,770

Home Details

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.
Presented By: Coldwell Banker Realty

Interior Features for 196 E Broadway

Bedrooms

Main Level Bedrooms0
Total Bedrooms

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area8770
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 196 E Broadway

Accessibility2+ Access Exits
Architectural StyleOther
Association Recreation FeeN
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
CitySALEM
Condo/Coop Association Y/NNo
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountySALEM
Directions196 e broadway salem nj
Full Baths1
Garage Y/NNo
HOANo
HeatingBaseboard - Electric
Levels2
Lot Size Square Feet4587.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
ModificationTimestamp2025-05-02T20:37:12
MunicipalitySALEM CITY
New ConstructionNo
Other StructuresAbove Grade
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG68.42
Property TypeResidential
School DistrictSALEM CITY SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameNONE AVAILABLE
Tax Annual Amount13741.0
Tax Assessed Value174800.0
Tax Lot00013
Tax Year2023
Total SQFT8770
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningMIXED

Exterior for 196 E Broadway

Land Assessed Value21000.00
Land Use Code
Lot Dimensions35.00 x 131.00
Lot Size Acres0.11
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $600,000
MLS#NJSA2014196
List Date 03/18/2025
Property Type Single Family
Phone 571.247.7543
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Email

homes@jhonyleyva.com

Phone

571.247.7543

Office

1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401

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