Property
Salem, NJ 08079 296-298 E Broadway
$130,000
Presented By: Jennifer Derevlany with Coldwell Banker Realty - 8566855600; haddonfieldadmin@cbrealty.com
Beds • 5- Baths • 2
Beds • 5
Baths • 2Home Details
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 apartmentsa 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.
Presented By: Jennifer Derevlany with Coldwell Banker Realty - 8566855600; haddonfieldadmin@cbrealty.com
Interior Features for 296-298 E Broadway
Bedrooms
Main Level Bedrooms5
Total Bedrooms5
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area0
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Hot WaterOther
General for 296-298 E Broadway
Accessibility2+ Access Exits
Architectural StyleOther
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
CitySALEM
Condo/Coop Association fee Y/NNo
Construction MaterialsMixed
Cool FuelNone
CoolingNone
CountySALEM
Directions296 broadway
Full Baths2
Garage Y/NNo
HOANo
HeatingNone
Levels2
Living Area
Lot Size Square Feet6599.00
Lot Size UnitsSquare Feet
MLS AreaSalem City (21713)
MunicipalitySALEM CITY
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Property TypeResidential
School DistrictSALEM CITY SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameNONE AVAILABLE
Tax Annual Amount8947.0
Tax Assessed Value103700.0
Tax Lot00014
Tax Year2025
Total SQFT0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningMIXED
Exterior for 296-298 E Broadway
Land Assessed Value30400.00
Land Use Code
Lot Dimensions40.00 x 165.00
Lot Size Acres0.15
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner
Price
$130,000
MLS#NJSA2017992
List Date
04/11/2026
Property Type
Single Family
Phone
(973) 332-3022