296-298 E BROADWAY, Salem, NJ 08079
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Listed by jennifer Derevlany • Coldwell Banker Realty
$130,000
Est. payment /mo
5 Beds
2 Baths
6,599 Sqft Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID NJSA2017992

Style Other

Bedrooms 5

Full Baths 2

HOA Y/N N

Year Built 1940

Annual Tax Amount $8,947

Tax Year 2025

Lot Size 6,599 Sqft

Acres 0.15

Lot Dimensions 40.00 x 165.00

Source BRIGHT

Property Description

Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartments—a 3-bedroom, 1-bath and a 2-bedroom, 1-bath.
The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible location.
Situated on a generously sized lot, the property offers a large rear parking area along with a spacious garage, perfect for storage, equipment, or potential additional use.
With strong potential for mixed-use income and a desirable location along East Broadway, this is a rare opportunity to create value and maximize returns.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning MIXED

Rooms

Main Level Bedrooms 5

Interior

Hot Water Other

Heating None

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Salem City Schools

Others

Senior Community No

Tax ID 13-00035-00014

Ownership Fee Simple

Special Listing Condition Standard


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Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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296-298 E BROADWAY