NJ
SALEM
SALEM
08079
196 E BROADWAY Rd
196 E BROADWAY Rd, SALEM, NJ 08079
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Listing Type
Rental
Listing Status
Active
7
$499,000

Home Details for 196 E BROADWAY Rd

Price
$499,000
Type
Commercial Lease
Year built
1940
Lot size acres
0.11
County
SALEM
Days on site
492
MLS Listing#
NJSA2014078
Property Description

MUST HAVE MIXED USE PRE APPROVAL WITH OFFER!!! 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.

Property Features
  • Heating Information
    • Electric
    • Baseboard
  • Parking
    • On Street
    • Other
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Coldwell Banker Realty - 856-685-5600
Last Updated: 2026-06-16 04:30:49
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Median Square Feet
Market statistics compiled from data from Bright MLS.
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