




196 E Broadway #198, Salem, NJ, 08079
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Finished area above ground: 8,770
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None,Electric
Interior Area
- Total structure area: 8,770
- Total interior livable area: 8,770 sqft
Property
Accessibility
- Accessibility features: 2+ Access Exits
Details
- Parcel number: 130002700013
- Zoning: MIXED
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 4,587 sqft
- Lot size dimensions: 35.00 x 131.00
Parking
- Parking features: On Street,Other
- Has uncovered spaces: Yes
