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196 E BROADWAY Rd, SALEM, NJ 08079
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$600,000
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Home Details for 196 E BROADWAY Rd
Price
$600,000
Type
Rental
Year Build
1940
Lot Size
0.11
County
SALEM
MLS®️ Listing#
NJSA2014078
On exitrealty.com
275 days
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.
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- Heating Information
- Electric
- Baseboard
- Parking
- On Street
- Other
- Cooling Information
- None
- Water Features
- Public
Listing Courtesy: Coldwell Banker Realty - 856-685-5600
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 14:37:27
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