Property photo 1
5 Beds
2 Baths

$115,000

296 E BROADWAY, SALEM NJ, 08079

Price per sqftN/A
Built in1940
Property typeResidential

Overview

Active

Active-bright

Listed Apr 11, 2026

Updated 5 days ago

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.

$765/mo

Est. mortgage payment based on a $115,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NJSA2017992

Interior Features

Bedrooms
5
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$8,947
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Coldwell Banker Realty
Listing Contact: 8564661388 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/4/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/4/2026 at 5:03 AM UTC

 

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