$130,000

296 298 E Broadway E Salem, NJ 08079

Estimated payment $824/month

Total Views 226
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Jennifer Derevlany

(856) 685-5600 haddonfieldadmin@cbrealty.com Coldwell Banker Realty Brokerage Phone: 8566855600 Listed on: 04/11/2026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions are 40.00 x 165.00
  • Property is zoned MIXED

Parking

  • Off-Street Parking

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • More Than Two Accessible Exits
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 13-00035-00014

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,599 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6599.00
  • Zoning: MIXED

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8947.00
  • Assessor Parcel Number: 13-00035-00014
  • Tax Lot: 00014
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2026 04/11/26 For Sale $130,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: NJSA2017992

Bright MLS
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