MLS: #NJSA2017992, Listed By: Jennifer Derevlany, Coldwell Banker Realty, Source:Bright MLS
296 E Broadway
SALEM, NJ 08079
5
Bed
2
Bath
0.15Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 2 Full Baths: 2 -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, None Cooling: None
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Building Information
Year Built: 1940 Stories: 2 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 40.00 x 165.00 Lot Size Acres: 0.15 Lot Size Source: Assessor Lot Size Square Feet: 6599Property Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 1140 Levels: Two Property Age: 86
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Listing Price Information
Listing Price: $130000
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Tax Information
Parcel Number: 13-00035-00014 Tax Lot: 00014 Tax Year: 2025 Annual Tax: $8947
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Parking Information
Off Street
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Location Information
Direction: 296 broadway WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 280 Qtn Marlboro Road, Salem, NJ, 08079 | $575,000 | 5 | 2 | 2,008 | 2,008 SqFt |
| 606 Quinton Marlboro Road, Salem, NJ, 08079 | $265,000 | 3 | 2 | 1,657 | 1,657 SqFt |
| 894 Main St Canton Street, Salem, NJ, 08079 | $405,000 | 4 | 1 | 2,074 | 2,074 SqFt |
| 28 New Street, Salem, NJ, 08079 | $319,000 | 4 | 2 | 1,600 | 1,600 SqFt |
| 2 New Bridge Road #D10, Salem, NJ, 08079 | $80,000 | 2 | 2 | 840 | 840 SqFt |
| 360 Salem Hancocks Brg .., Salem, NJ, 08079 | $379,000 | 3 | 2 | 1,458 | 1,458 SqFt |
| 363 Grant Street, Salem, NJ, 08079 | $230,000 | 3 | 3 | 1,424 | 1,424 SqFt |
| 39 Yorke Street, Salem, NJ, 08079 | $220,000 | 3 | 2 | 2,402 | 2,402 SqFt |
| 41 Yorke Street, Salem, NJ, 08079 | $99,900 | 3 | 2 | 1,684 | 1,684 SqFt |
| 324 Allen Avenue, Salem, NJ, 08079 | $199,999 | 3 | 2 | 1,456 | 1,456 SqFt |
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ByOwner last updated this listing 06/04/2026 @ 19:37
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