For sale

$130,000

296 E Broadway #298, Salem, NJ 08079

5beds

--sqft

$1,000/mo

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Single Family Residence

Built in 1940

6,599 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Large rear parking areaSpacious garageGenerously sized lot

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.

107 days

161

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 5

Basement

Area: 0

Heating

None, Natural Gas

Cooling

None

Appliances

Included: Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 0
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: 2+ Access Exits

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,599 Square Feet
Dimensions: 40.00 x 165.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 130003500014
Zoning: MIXED
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Mixed

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Salem
Municipality: SALEM CITY

Financial & listing details

Tax assessed value: $103,700
Annual tax amount: $8,947
Date on market: 4/11/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$2,142/mo

Price history

Date	Event	Price
4/11/2026	Listed for sale	$130,000
Source: Bright MLS #NJSA2017992 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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