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196 E BROADWAY
SALEM NJ 08079 US

$600,000

Active Listing ID NJSA2011762
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Lot: 0.11 Acres
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$600,000

Active Listing ID NJSA2011762
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196 E BROADWAY 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 600000
  • unparsedaddress: 196 E BROADWAY
  • postalcity: SALEM
  • stateorprovince: NJ
  • country: US
  • postalcode: 08079
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 8770
  • livingareaunits: Square Feet
  • latitude: 39.57165
  • longitude: -75.46571
  • listagentfullname: jennifer Derevlany
  • listagentemail: jderevlany@icloud.com
  • listagentkey: 3yd-TRENDPA-3279573
  • listagentmlsid: 3279573
  • listagentpreferredphone: 8563921523
  • listagentofficephone: 8563921523
  • listofficekey: 3yd-TRENDPA-RCOL10
  • listofficemlsid: RCOL10
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1940
  • listingcontractdate: 2024-07-31
  • countyorparish: SALEM
  • elementaryschooldistrict: SALEM CITY SCHOOLS
  • middleorjuniorschooldistrict: SALEM CITY SCHOOLS
  • highschooldistrict: SALEM CITY SCHOOLS
  • constructionmaterials: Brick
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • interiorfeatures: 2+ Access Exits
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.46571, 39.57165
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"CB Excel Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"april.puesi@gmail.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"CB Excel Realty", "ListBrokeragePhone":"(856) 392-1523", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1100 LANDIS AVENUE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1100 LANDIS AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"VINELAND", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"08360", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Over Storefront - SALEM, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/196-198-E-Broadway_Salem_NJ_08079_M93542-93995?f=listhub&s=TRENDPA&m=NJSA2011762&c=rexren", "MLSModificationTimestamp":"2024-07-31T20:59:35Z", "Neighborhoods":[{"Description":null, "Name":"SALEM CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13741, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:39:24 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: jennifer Derevlany, Coldwell Banker Excel Realty, jderevlany@icloud.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.