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138 W Broadway # 138-140 Salem, NJ $ 495,000
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$ 495,000 Get more info
138 W Broadway # 138-140
$ 495,000
Back to search
Share Save

138 W Broadway # 138-140

Salem, NJ, 08079
$ 495,000
Bedrooms-- Baths-- Sq 22,000

Monthly Estimate*

$ 3,088

138 W Broadway # 138-140, Salem, NJ 08079 - Image 1
138 W Broadway # 138-140, Salem, NJ 08079 - Image 2
138 W Broadway # 138-140, Salem, NJ 08079 - Image 3
138 W Broadway # 138-140, Salem, NJ 08079 - Image 4
138 W Broadway # 138-140, Salem, NJ 08079 - Image 5
138 W Broadway # 138-140, Salem, NJ 08079 - Image 6
138 W Broadway # 138-140, Salem, NJ 08079 - Image 7
138 W Broadway # 138-140, Salem, NJ 08079 - Image 8

Commercial Property for sale in Salem, NJ

for $495,000. This 22,000 square foot building was built in 1940 on a lot size of 0.36.

Redevelopment Opportunity at 138 W. Broadway, Salem, NJ in the heart of downtown. This property consists of Block 13, Lots 61, 45, and 44. Formally used as a retail store front and warehouse storage for furniture. Estimated at 22,000 square feet across three lots. The property has one loading dock and one drive in bay with a private fenced in rear entrance and access to a shared parking lot (parking space designation should be determined by buyer). Buyer must confirm all square footage estimates and zoning details.

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 12,579

Style

General Retail,Storage,Flex

Lot Size

0.36

Year Built

1940

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2013802
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Other
Possession Settlement
Zoning COMMERCIAL RETAIL
Construction Materials Brick
Exclusions PERSONAL PROPERTY
Year Built 1940
Electric 200+ Amp Service
Unit Number 138-140
Property Subtype Retail
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Business Type Other/General Retail Storage Flex
Accessibility 36 + wide Halls
County SALEM
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located on W. Broadway between Market and Fifth Street.
City SALEM
Disclosures None
Number Of Units Total 0
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 15681.60
Tax Annual Amount 12579.0
Property Condition Major Rehab Needed
Price Per Sq Ft Total AG 22.5
Acceptable Financing Cash Conventional Exchange Lease Purchase Other
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 44 45 61
Association Recreation Fee N
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Exterior
Lot Features Additional Lot(s)
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 22000.00
Lot Size Acres 0.36
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 51600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 138
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* Excluded Features
List By
Warner Real Estate & Auction Company

Broker

corinne@warnerrealtors.com

Email

Affordability Calculator

$4,136
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$1,048
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/12/2025$495,000 Listed Price

Map

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138 W Broadway # 138-140, Salem, NJ, 08079 is a Commercial Property for sale at $495,000 with 22,000 sqft and a lot size of 0.36. 138 W Broadway # 138-140 was built in 1940. The property's zip code is 08079 which is in Salem, NJ

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