$130,000

296 298 E Broadway E Salem, NJ 08079

Estimated payment $820/month

Total Views 11,707
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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