196 East Broadway
$600,000
—
8,770
8,770
$68
Description
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,...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.
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,...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.
- Listed by Jennifer Derevlany • Coldwell Banker Excel RealtyP: (856)-466-1388 jderevlany@icloud.com
Property Details for 196 East Broadway
Tax ID Number
13-00027-00013
OwnershipFee Simple
Structure TypeOver Storefront
StyleOther
WaterfrontNo
GarageNo
MunicipalitySALEM CITY
Central AirNo
LISTING UPDATED: 09/24/2024 12:08 AM
Property Details for 196 East Broadway
Status | Active |
---|---|
MLS # | NJSA2011762 |
Days on Market | 103 |
Taxes | $13,741 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.11 AC / 4,587 SF |
County | Salem County |
Building Information for 196 East Broadway
Stories-Residences4Year Built1940Building Size-Lot Size0.11 AC / 4,587 SF
Property Information for 196 East Broadway
Property History for 196 East Broadway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 196 East Broadway
This home is within Salem City Board Of Education School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
John Fenwick Elementary School PublicPK to 2 | ||
Salem Middle School Public3 to 8 | ||
Salem High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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