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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Listing Snapshot
Price
$115,000
Days On Site
176 Days
Bedrooms
5
Inside Area (SqFt)
N/A
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1940
MLS® Number
NJSA2017992
Status
Active
Property Tax
$8,947
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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