201 E BROADWAY 203, SALEM, NJ 08079
SALEM County
Key Facts
Description
MAJOR PRICE REDUCTION with this incredible opportunity to obtain a property that seems to offer limitless possibilities. Over 4,000 square-feet of space that could operate as one massive space or multiple businesses. Open space on the 1st floor that could be significant retail. Multiple offices on the 2nd floor could operate as medical space, financial networks, accounting. Previously occupied by a non-profit organization this space speaks to many different governmental uses, doctor's office, businesses who meet with clients in person. Alternatively, there are residential considerations with buyers obtaining approval from the City of Salem. Open your mind to what could be a thriving situation. Multiple new businesses in the area could partner with you for yours. Contact us to speak with experienced agents with strong commercial lending contacts.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1950
Living Area
4,225 sq ft
Lot Size
0.10 acres
Lot Dimensions
33.00 x 128.00
Zoning
COMMERCIAL
Days on Market
68
MLS® Listing#
NJSA2018240
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Foundation
Sewer
Water Source
Schools
- District:
- SALEM CITY SCHOOLS
Financial Details
Annual Taxes
$18,740
Tax year 2025
Assessed Value
$217,200
Parcel Number
13-00061-00006
Directions
Market St to East Broadway. Turn left. PIQ on the right.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in SALEM, NJ
- 76
- Median Days on Market
- 1,686
- Median Sq Ft
- $101
- Median Price / Sq Ft
- 65
- Active Listings
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in SALEM, NJ.
Location
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Points of Interest in SALEM, NJ
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Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 376 E BROADWAY, SALEM, NJ | $175,000 | 3 | — | 2,023 |
| 44 DELAWARE AVENUE, SALEM, NJ | $177,500 | 2 | 1 | 1,380 |
| 210 WESLEY STREET, SALEM, NJ | $178,000 | 3 | 1 | 1,795 |
| 146 7TH, SALEM, NJ | $178,000 | 5 | 2 | 1,688 |
| 87 W BROADWAY 89, SALEM, NJ | $180,000 | 4 | — | 3,152 |
| 60 WALNUT STREET 62, SALEM, NJ | $185,000 | 6 | — | 2,476 |
Moving Cost Estimate
EXIT Agents in SALEM
Listing Courtesy: RE/MAX Preferred - Sewell - 8565894848