296 E Broadway 298Salem, NJ 08079

Description

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.

Property Information

Property type

Residential

Style

Other

Year built

1940

Lot size

0.15 acres

Lot dimensions

40.00 x 165.00

Zoning

MIXED

Days on market

1

MLS^® Listing#

NJSA2017992

Property Features

Cooling

None

Heating

Natural Gas · None

Pool

None

Parking

Off Street

Sewer

Public Sewer

Water source

Public

Schools

District

SALEM CITY SCHOOLS

Financial Details

HOA

None

Annual taxes

$8,947Tax year 2025

Assessed value

$103,700

Parcel number

13-00035-00014

Directions

296 broadway