Discover a unique opportunity in the heart of Salem, NJ, at 141 W Broadway. This mixed-use property presents an exceptional blend of commercial potential and residential comfort, making it an ideal investment. Spanning an impressive 4,000 square feet of floor space with a timeless brick fa ade, this property offers endless possibilities. The ground level beckons with commercial opportunities, providing a spacious area that awaits your business vision be it a bustling caf , a creative studio, or a dynamic office space. This commercial segment is designed to cater to a diverse range of business concepts, ensuring a platform for success right at the intersection of convenience and visibility. Ascending to the residential quarters, you're greeted by a warm and inviting space, comprised of 4 generously sized bedrooms and 2 full bathrooms. Each room is bathed in natural light, offering a serene retreat from the bustling world outside. The living areas blend functionality and comfort, presenting the perfect canvas to express your personal style and create a home that's truly yours. Situated in the vibrant community of Salem, this property enjoys a prime location that balances tranquility with accessibility. The area is renowned for its friendly residents, rich history, and charming local amenities. This multi-family, mixed-use property is presented at an asking price of $250,000, positioning it as an attractive investment.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Salem Middle School
51 New Market St
Distance between this listing and this school0.16 miles
Public District Grades 3-8
High School
3
/10
Salem High School
219 Walnut St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
7
/10
Elsinboro Township Elementary School
631 Salem Fort Elfsborg Rd
Distance between this listing and this school3.03 miles
Public District Grades KG-8
9
/10
Mannington Township Elementary School
495 Route 45
Distance between this listing and this school3.12 miles
Public District Grades PK-8
4
/10
Quinton Township School
8 Robinson St
Distance between this listing and this school3.65 miles
Public District Grades PK-8
Assigned Schools
2
/10
Salem Middle School
51 New Market St
Distance between this listing and this school0.16 miles
Public District Grades 3-8
Nearby Schools
3
/10
Pennsville Middle School
4 William Penn Ave
Distance between this listing and this school5.82 miles
Public District Grades 6-8
3
/10
Family Foundations Academy
1101 Delaware St
Distance between this listing and this school8.53 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Salem High School
219 Walnut St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
2
/10
Pennsville Memorial High School
110 S Broadway
Distance between this listing and this school6.05 miles
Public District Grades 9-12
5
/10
Salem County Career and Technical High School
880 Route 45
Distance between this listing and this school6.67 miles
The neighbors living near this home have an average income of $37,339. The majority of Salem, NJ residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 141 W Broadway in Salem City, NJ and zip code 08079. This home sits on a 9999.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $199,000.
In May 2024 more than 2 listings in Salem, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Salem, NJ increased by 10.4% between April 2024 and May 2024. The median list price of listings available in May 2024 was $160,000, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.