







Description
6 residential units 2 commercial Motivated seller . Must have mixed use pre approval with offer
196-198 e. Broadway, Salem, New Jersey Six spacious residential apartments ( Rents below market) Two large commercial stores on the ground floor
Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground...Mixed-Use Investment Opportunity
6 residential units 2 commercial Motivated seller . Must have mixed use pre approval with offer
196-198 e. Broadway, Salem, New Jersey Six spacious residential apartments ( Rents below market) Two large commercial stores on the ground floor
Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential. The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners. This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
- Listed by Jennifer Derevlany • Coldwell Banker RealtyP: (856)-466-1388 jderevlany@icloud.com
Property Details for 196 East Broadway
Property Details for 196 East Broadway
| Status | Active |
|---|---|
| MLS # | NJSA2014196 |
| Days on Market | 247 |
| Taxes | $13,741 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Fee Simple |
| Year Built | 1940 |
| Lot Size | 0.11 AC / 4,587 SF |
| County | Salem County |
Location
Building Information for 196 East Broadway
Payment Calculator
$4,065 per month
30 year fixed, 6.15% Interest
$2,919
$1,145
$0
Property Information for 196 East Broadway
- School District Name: SALEM CITY SCHOOLS
- School District County ID: 300200396391
- SchoolDistrictSource: Listing Agent
- County: SALEM
- MLS Area: Salem City (21713)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Senior Community: No
- Association Recreation Fee Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $174,800
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $153,800
- City Town Tax: $0
- Land Assessed Value: $21,000
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: MIXED
- Tax Lot: 00013
- School Tax: $0
- Automatically Update Tax Values Y/N: No
- # Bedrooms Count Main Level: 0
- # Bathrooms Count Main Level: 1
- # Bathrooms Full Main Level: 1
- Stories: Main
- Total Finished SQFT: 8,770.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 8,770.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Room and Floor: Bathrooms Full-Main Level-1
- # Bathrooms Full: 1
- Lot Size Source: Estimated
- Lot Size Dimensions: 35.00 x 131.00
- Lot Dimensions Source: Estimated
- Parcel ID: 21906070
- Type Of Parking: On Street, Other
- Accessibility Features: 2+ Access Exits
- Pool: No Pool
- Other Structures: Above Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
Property History for 196 East Broadway
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 18, 2026 | Listed (Active) BRIGHT #NJSA2014196 | $599,000 | — |
| Dec 23, 2025 | Temp Off Market BRIGHT #NJSA2014196 | — | |
| Sep 3, 2025 | Price Change BRIGHT #NJSA2014196 | $599,000 | — |
| May 2, 2025 | Listed (Active) BRIGHT #NJSA2014196 | — | |
| Apr 27, 2025 | Active Under Contract BRIGHT #NJSA2014196 | — | |
| Mar 20, 2025 | Price Change BRIGHT #NJSA2014196 | $600,000 | — |
| Mar 18, 2025 | Pending BRIGHT #NJSA2014196 | — | |
| Mar 18, 2025 | Listed (Active) BRIGHT #NJSA2014196 | $600 | — |
| Jan 24, 2025 | Withdrawn BRIGHT #NJSA2011762 | — | |
| Jul 31, 2024 | Listed (Active) BRIGHT #NJSA2011762 | $600,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/18/2026 | Listed (Active) BRIGHT #NJSA2014196 | $599,000 |
| 12/23/2025 | Temp Off Market BRIGHT #NJSA2014196 | — |
| 09/03/2025 | Price Change BRIGHT #NJSA2014196 | $599,000 |
| 05/02/2025 | Listed (Active) BRIGHT #NJSA2014196 | — |
| 04/27/2025 | Active Under Contract BRIGHT #NJSA2014196 | — |
| 03/20/2025 | Price Change BRIGHT #NJSA2014196 | $600,000 |
| 03/18/2025 | Pending BRIGHT #NJSA2014196 | — |
| 03/18/2025 | Listed (Active) BRIGHT #NJSA2014196 | $600 |
| 01/24/2025 | Withdrawn BRIGHT #NJSA2011762 | — |
| 07/31/2024 | Listed (Active) BRIGHT #NJSA2011762 | $600,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 196 East Broadway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Fenwick Elementary School PublicPK to 2 | ||
Salem Middle School Public3 to 8 | ||
Salem High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Lower Alloways Creek Township - Salem County Homes for Sale
- Mannington Homes for Sale
- Stow Creek Township - Cumberland County Homes for Sale
- Elsinboro Township - Salem County Homes for Sale
- Greenwich Township - Cumberland County Homes for Sale
- Marlboro Homes for Sale
- Arrowhead Lake Homes for Sale
- Oldmans Township - Salem County Homes for Sale
- Roadstown Homes for Sale
- Hopewell Township - Cumberland County Homes for Sale
- Auburn Homes for Sale
- Othello Homes for Sale
- Port of Wilmington Homes for Sale
- Sheppards Mill Homes for Sale
- Collins Park Homes for Sale
- Salem Homes for Sale
- Quinton Homes for Sale
- Pennsville Homes for Sale
- Hancocks Bridge Homes for Sale
- Carneys Point Homes for Sale
- Alloway Homes for Sale
- Pilesgrove Homes for Sale
- Port Penn Homes for Sale
- Wilmington Homes for Sale
- Woodstown Homes for Sale
- Shiloh Homes for Sale
- Penns Grove Homes for Sale
- Delaware City Homes for Sale
- New Castle Homes for Sale
- Greenwich Homes for Sale
- 08072 Homes for Sale
- 08323 Homes for Sale
- 08302 Homes for Sale
- 08001 Homes for Sale
- 08038 Homes for Sale
- 08069 Homes for Sale
- 08070 Homes for Sale
- 08098 Homes for Sale
- 19731 Homes for Sale
- 08067 Homes for Sale
- 19709 Homes for Sale
- 19706 Homes for Sale
- 19720 Homes for Sale
- 08318 Homes for Sale
- 08353 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Realty
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.







