108 Tilbury Road Salem, NJ ^$ 699,000

108 Tilbury Road

^$ 699,000

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108 Tilbury Road

Salem, NJ, 08079

^$ 699,000

Bedrooms-- Baths-- Sq 1,600

Monthly Estimate*

^$ 4,361

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Commercial Property for sale in Salem, NJ

for $699,000. This 1,600 square foot building was built in 1950 on a lot size of 3.24.

Value Add Marina for sale with boat slips available on the Salem River and Barbers Basin. Approximately 200 of river frontage on the Salem River with parking and exterior boat storage. The Marina supports a +/- 5 foot draft at high-tide with up to 70 boat slips potential for seasonal lease and a boat ramp. The property is situated in the Manufacturing 2 (Two) zone of Salem City. This zoning provides for general industrial uses except for the uses outlined below. The property is located in an opportunity zone. There are two existing structures totaling approximately 1,600 square feet on the property. The buildings include a single family residence and a boat service shop. This is a rare opportunity to bring the marina back to life or redevelop the property for an industrial use with shipping capabilities. The Salem River directly connects to the Delaware River. Everything is sold 'As-Is'. Recreational Marina Equipment and Heavy Duty Equipment sold separately.

Commercial Active

Price

^$ 699,000

Property Type

Commercial

Taxes

^$ 50,252

Style

Marina

Lot Size

3.24

Year Built

1950

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2014224

Features

Interior

Heating Fuel None

Hot Water None

Central Air Y/N N

Total Restrooms 2

General

Sewer Public Sewer

Heating None

Cooling Window Unit(s)

Utilities Electric Available Natural Gas Available Phone Available Sewer Available Water Available

Possession Settlement

Roof Pitched

Zoning M-2

Construction Materials Frame

Year Built 1950

Electric 120/240V 3 Phases

View Marina River

Property Subtype Industrial

Tax Year 2024

Ownership Fee Simple

Cool Fuel None

Municipality SALEM CITY

Business Type Marina

Accessibility None

County SALEM

New Construction N

Property Type Commercial Sale

Possible Use Industrial Investment Marina Commercial

Water Access Y/N N

Status ACTIVE

Directions Front Street to Greives Parkway to Tilbury Road

City SALEM

Number Of Units Total 0

MLS Area Salem City (21713)

Lot Size Units Square Feet

Lot Size Square Feet 141134.00

Tax Annual Amount 50252.0

Property Condition Below Average

Price Per Sq Ft Total AG 436.88

Acceptable Financing Cash Conventional Seller Financing

Lease Considered Y/N N

Vacation Rental Y/N N

Location Type Other

Standard Status Active

Year Built Source Assessor

Tax Lot 00007

Exterior

Lot Features Fishing Available

Water Source Public

Type of Parking Driveway Parking Lot

Water View Y/N Y

Building Area Total 1600.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 3.24

Road Surface Type Paved

Lot Size Source Assessor

Waterfront Y/N N

Road Responsibility City/County

Land Assessed Value 567000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 108

* Excluded Features

List By

Warner Real Estate & Auction Company

Broker

rich@warnerrealtors.com

Affordability Calculator

$8,549

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: $4,188
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Salem, NJ

Average List Price ^$469,538

Percent of Sale Price 33%

About Salem, NJ

4,893 Population

-16% Since 2002

^$26,747 Median Income

35.33 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2025	$699,000	-17.76%	Price Down
3/20/2025	$850,000		Listed Price

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108 Tilbury Road, Salem, NJ, 08079 is a Commercial Property for sale at $699,000 with 1,600 sqft and a lot size of 3.24. 108 Tilbury Road was built in 1950. The property's zip code is 08079 which is in Salem, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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108 Tilbury Road

Commercial Property for sale in Salem, NJ

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