Back to search
82 W Broadway Salem, NJ $ 749,000
Share Save
$ 749,000 Get more info
82 W Broadway
$ 749,000
Back to search
Share Save

82 W Broadway

Salem, NJ, 08079
$ 749,000
Baths0.0

Monthly Estimate*

$ 5,232

82 W Broadway, Salem, NJ 08079 - Image 1
82 W Broadway, Salem, NJ 08079 - Image 2
82 W Broadway, Salem, NJ 08079 - Image 3
82 W Broadway, Salem, NJ 08079 - Image 4
82 W Broadway, Salem, NJ 08079 - Image 5
82 W Broadway, Salem, NJ 08079 - Image 6
82 W Broadway, Salem, NJ 08079 - Image 7
82 W Broadway, Salem, NJ 08079 - Image 8
82 W Broadway, Salem, NJ 08079 - Image 9
82 W Broadway, Salem, NJ 08079 - Image 10
82 W Broadway, Salem, NJ 08079 - Image 11
82 W Broadway, Salem, NJ 08079 - Image 12
82 W Broadway, Salem, NJ 08079 - Image 13
82 W Broadway, Salem, NJ 08079 - Image 14
82 W Broadway, Salem, NJ 08079 - Image 15
82 W Broadway, Salem, NJ 08079 - Image 16
82 W Broadway, Salem, NJ 08079 - Image 17
82 W Broadway, Salem, NJ 08079 - Image 18
82 W Broadway, Salem, NJ 08079 - Image 19
82 W Broadway, Salem, NJ 08079 - Image 20
Studio

Commercial Property for sale in Salem, NJ

for $749,000. This building was built in 1927 on a lot size of 0.65.

Great investment opportunity. Total of 6 apartments. 1 one bedroom unit, 1 two bedroom unit, 3 three bedroom units and 1 four bedroom unit. Each with 1 full bath. Potential rents from $1,175 to $1,600. 2 units currently rented for $1,125 and $1,375. 1 unit will be vacant at the end of April and 3 units are currently vacant. 4 units have been recently renovated.

See more
Commercial Active

Price

$ 749,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,970

Style

Apartment Building

Lot Size

0.65

Year Built

1927

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2010612
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Settlement Subject to Existing Lease
Zoning APART
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1927
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality SALEM CITY
Gross Income 9700.00
Business Type Apartment Building
Accessibility None
County SALEM
Net Operating Income 64484.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Corner of 3rd St and Broadway
City SALEM
Buyer Agent Compensation 3
MLS Area Salem City (21713)
Lot Size Square Feet 28501.00
Waterfront Y/N N
Street Name BROADWAY
Tax Annual Amount 12970.0
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 23
Standard Status Active
Year Built Source Estimated
Tax Lot 00026
Total Actual Rent 99300.00
Cap Rate 7.00
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 125.00 x 228.00
Lot Size Acres 0.65
Lot Size Units Square Feet
Lot Size Source Assessor
Door Features Atrium
Land Assessed Value 45000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 82
See more
* Excluded Features
List By
Bhhs Fox & Roach-Vineland

Broker

rick@rickgullo.com

Email

Affordability Calculator

$6,313
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,232
Monthly Property Taxes
$1,081
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/27/2024$749,000 -19.03% Price Down
4/8/2024$925,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

82 W Broadway, Salem, NJ, 08079 is a Commercial Property for sale at $749,000 with a lot size of 0.65. 82 W Broadway is a studio with 0.0 baths and was built in 1927. The property's zip code is 08079 which is in Salem, NJ

Get more info