Property
Salem, NJ 08079 138 W Broadway # 138-140
$495,000
3 more
Presented By: Warner Real Estate & Auction Company
SQFT • 22,000
Home Details
Redevelopment Opportunity at 138 W. Broadway, Salem, NJ in the heart of downtown. This property consists of Block 13, Lots 61, 45, and 44. Formally used as a retail store front and warehouse storage for furniture. Estimated at 22,000 square feet across three lots. The property has one loading dock and one drive in bay with a private fenced in rear entrance and access to a shared parking lot (parking space designation should be determined by buyer). Buyer must confirm all square footage estimates and zoning details.
Presented By: Warner Real Estate & Auction Company
Interior Features for 138 W Broadway # 138-140
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 138 W Broadway # 138-140
Acceptable FinancingCash, Conventional, Exchange, Lease Purchase, Other
Accessibility36 + wide Halls
Association Recreation FeeN
Business TypeOther/General Retail, Storage, Flex
CitySALEM
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Other
CountySALEM
DirectionsLocated on W. Broadway between Market and Fifth Street.
DisclosuresNone
Electric200+ Amp Service
ExclusionsPERSONAL PROPERTY
HeatingForced Air
Lot Size Square Feet15681.60
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
ModificationTimestamp2025-02-12T15:39:04
MunicipalitySALEM CITY
New ConstructionNo
Number Of Units Total0
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG22.5
Property ConditionMajor Rehab Needed
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount12579.0
Tax Assessed Value153000.0
Tax Lot44, 45, 61
Tax Year2024
Unit Number138-140
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningCOMMERCIAL RETAIL
Exterior for 138 W Broadway # 138-140
Building Area Total22000.00
Car Parking Spaces2
Land Assessed Value51600.00
Land Use Code
Lot FeaturesAdditional Lot(s)
Lot Size Acres0.36
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks1
Total Parking Spaces2
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner