280 E Broadway Salem, NJ $ 220,000
280 E Broadway
$ 220,000
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280 E Broadway

Salem, NJ, 08079
$ 220,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 1,519

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Commercial Property for sale in Salem, NJ

for $220,000. This 2,500 square foot building was built in 1900 on a lot size of 0.17.

Unlock the potential of this historic gem located in the vibrant Broadway subdivision! This commercial property, built in 1900, offers a unique opportunity for savvy investors looking to capitalize on a major rehab project. With a generous lot size of 0.17 acres, the possibilities are endless for transforming this space into a lucrative venture. Imagine the potential returns as you breathe new life into this frame structure, strategically positioned to attract foot traffic and business opportunities. The property is ripe for renovation, allowing you to customize the layout and design to meet the demands of today's market. Whether you envision a trendy retail space, a chic office, or a mixed-use development, this property provides the canvas for your vision. Investors will appreciate the on-street parking, enhancing accessibility for customers and clients alike. The location in the Broadway subdivision is a key selling point, with its growing community and increasing demand for commercial spaces. With the right renovations, this property could yield significant rental income or a profitable resale value. Don't miss out on this chance to invest in a property with character and immense potential. With major rehab needed, you have the opportunity to create something truly special that stands out in the market. Seize this opportunity to make your mark in a thriving area-your future investment success starts here!

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Commercial Active

Price

$ 220,000

Property Type

Commercial

Taxes

$ 5,521

Style

Lot Size

0.17

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2020540

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 2
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General
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Immediate
Roof Shingle
Zoning RLC
Construction Materials Frame
Exclusions None
Year Built 1900
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Gross Income 0.00
Business Type Other
Accessibility None
County SALEM
New Construction N
Property Type Commercial Sale
Subdivision Name BROADWAY
Possible Use Office Barber/Beauty School Residential Professional Service
Water Access Y/N N
Status ACTIVE
Directions Use GPS for directions to the property on 280 Broadway Salem NJ 08079
City SALEM
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 7261.00
Tax Annual Amount 5521.0
Property Condition Major Rehab Needed
Price Per Sq Ft Total AG 88.0
Acceptable Financing Cash Conventional FHA 203(k)
Association Fee 0.00
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00006
Total Actual Rent 0.00
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions All existing fixtures permanently installed equipment and appliances currently located at the property to the extent owned by the seller are included in the sale in their present as-is condition unle
Type of Parking On Street
Water View Y/N N
Building Area Total 2500.00
Lot Size Acres 0.17
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 8100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 280
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* Excluded Features
List By
Keller Williams Realty

Broker

dcisneros@kw.com

Email

Affordability Calculator

$1,980
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,519
Monthly Property Taxes
$460
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/26/2026$220,000 Listed Price

Map


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280 E Broadway, Salem, NJ, 08079 is a Commercial Property for sale at $220,000 with 2,500 sqft and a lot size of 0.17. 280 E Broadway was built in 1900. The property's zip code is 08079 which is in Salem, NJ