115 W BROADWAY, Salem, NJ 08079
115 W BROADWAY, Salem, NJ 08079
115 W BROADWAY, Salem, NJ 08079
115 W BROADWAY, Salem, NJ 08079
115 W BROADWAY, Salem, NJ 08079
115 W BROADWAY, Salem, NJ 08079
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Listed by Eric Martorano • Hedenberg Real Estate Company LLC
$ 550,000
Est. payment | /mo

9,239 Sqft Lot


Save
$ 550,000
Est. payment | /mo
Save

9,239 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJSA2018704

Year Built 1960

Annual Tax Amount $17,920

Tax Year 2025

Lot Size 9,239 Sqft

Acres 0.21

Lot Dimensions 56.00 x 165.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

8 unit apartment building situated in downtown Salem City. Situated on W Broadway, next to the historic Salem Oak Diner. Building is comprised of (5) large one bedroom one bath apartments. The remaining 3 units are studios. Seven of the eight units are occupied. Annual Gross Income: $74, 640 Owner pays: taxes, insurance, lawn care, trash removal, heat, hot water, & water sewer along with studio electric. Tenant's of the one bedrooms pay their own electric.

Location

State NJ

County Salem

Area Salem City (21713)

Zoning APT

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00059-00007

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Scott Zielinski
Scott Zielinski

Team Leader - Realtor® Associate | License ID: 1645364

+1(856) 264-8671 | scott@zhomesrealestate.com

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115 W BROADWAY