
296 E Broadway #298, Salem, NJ, 08079
5beds
2baths
0sqft
$130,000
--price/sqft
$1,185/moest. monthly cost
$47,400/yrincome needed
About This Home
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.
Getting Around
51
0
54
Schools
3/10
5/10
--
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Mixed
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Features
- Finished area below ground: 0
- Finished area above ground: 0
Heating & Cooling
- Heating features: None,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 0
Property
Accessibility
- Accessibility features: 2+ Access Exits
Details
- Parcel number: 130003500014
- Zoning: MIXED
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 6,599 sqft
- Lot size dimensions: 40.00 x 165.00
Parking
- Parking features: Off Street
