196-198 e broadway, salem, NJ 08079

Asking Price
The price of a property as listed on the market.

$600,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $174,800
This listing is NOT a foreclosure. Mixed-Use Investment Opportunity n6 residential units 2 commercial n**MOTIVATED SELLER **. n nn196-198 E Broadway, Salem, New Jerseynn*Six spacious residential apartments ( Rents below market)n*Two large commercial stores on the ground floornnnWelcome to 196-198 E. Broadway, Salem, New Jersey a prime investment opportunity! nnThis 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.nnThe residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The propertys central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.nnThis 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 valuabl...

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID931347230
MLS NumberNJSA2011762
Parcel Number13 00027-0000-00013
CountySALEM
Bedrooms12
Living Area (sqft)8,770
Price/sqft$68
Year Built01/01/1940
Property TypeSingle Family Home
Lot Size4587 sq. ft.
rto financingtrio

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