Change Real Estate Presents:

196 E Broadway
Salem NJ 08079

For Sale: $599,000.00 Active

List Date: 2025-03-18

Salem
1 bathrooms
8,770 build ft2
4,587 land ft2

About This Property

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.

Listing Agent: Jennifer Derevlany. Coldwell Banker Realty 856-466-1388 jderevlany@icloud.com

Property Features

Location Information
County:
Subdivision: NONE AVAILABLE
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: None
Heating: Baseboard - Electric
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1940
Subdivision Name: None Available
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Jennifer Derevlany. Coldwell Banker Realty 856-466-1388 jderevlany@icloud.com

Property Photos [Click to enlarge]

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