296-298 E Broadway, Salem, NJ 08079

Salem
Local realty services provided by:ERA Martin Associates
296-298 E Broadway,Salem, NJ 08079
$130,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: jennifer derevlany
Office: coldwell banker realty
MLS#:NJSA2017992
Source:BRIGHTMLS

Price summary

  • Price:$130,000

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.

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Home facts

  • Year built:1940
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:NJSA2017992
  • Added:123 day(s) ago
  • Updated:August 12, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1940
  • Lot area:0.15 Acres
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$130,000
  • Tax amount:$8,947 (2025)

Parking

  • Parking description:Off Street

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