1 month on rocket

141 W Broadway, Salem City, NJ, 08079

$199,000

Home List Price

$2,363*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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141 W Broadway, Salem$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking, None, On-Street Parking
HeatingNatural Gas
BasementYes
MLS #3892085
Lot Size9999.00 Acres
StatusActive

About 141 W Broadway

Discover a unique opportunity in the heart of Salem, NJ, at 141 W Broadway. This mixed-use property presents an exceptional blend of commercial potential and residential comfort, making it an ideal investment. Spanning an impressive 4,000 square feet of floor space with a timeless brick fa ade, this property offers endless possibilities. The ground level beckons with commercial opportunities, providing a spacious area that awaits your business vision be it a bustling caf , a creative studio, or a dynamic office space. This commercial segment is designed to cater to a diverse range of business concepts, ensuring a platform for success right at the intersection of convenience and visibility. Ascending to the residential quarters, you're greeted by a warm and inviting space, comprised of 4 generously sized bedrooms and 2 full bathrooms. Each room is bathed in natural light, offering a serene retreat from the bustling world outside. The living areas blend functionality and comfort, presenting the perfect canvas to express your personal style and create a home that's truly yours. Situated in the vibrant community of Salem, this property enjoys a prime location that balances tranquility with accessibility. The area is renowned for its friendly residents, rich history, and charming local amenities. This multi-family, mixed-use property is presented at an asking price of $250,000, positioning it as an attractive investment.

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story

Listing Office:

  • Office Name: RITE CHOICE REALTY LLC
  • Office Phone: (908) 325-5060

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Interior: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, Walk-In Closet, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking, None, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 9999.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Salem Middle School, Public District Grades 3-8

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
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Housing Market Comparison

See how this home compares to others in Salem, NJ.

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Salem, NJ

City

Med. Sold Price

$170K

Med. Price/SqFt

$124

Avg. Days On Market

62

# of Sold Homes

16

141 W Broadway vs Salem

36 DAYS ON ROCKET

-26 Days

$199,000

+$29K More

KEY TAKEAWAY

This property is $29K more than the Median Sold Price in Salem, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3892085

Listing Office:

  • Office Name: RITE CHOICE REALTY LLC
  • Office Phone: (908) 325-5060

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:55:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1911528
2
/10

  • Salem Middle School

  • 51 New Market St

  • 0.16 miles

  • Public District Grades 3-8

High School

school-card-donut-1911529
3
/10

  • Salem High School

  • 219 Walnut St

  • 1.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,339. The most common annual income of people living in Salem, NJ is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Salem›08079›141 W Broadway

This home is located at 141 W Broadway in Salem City, NJ and zip code 08079. This home sits on a 9999.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $199,000.

While more than 9 listings in Salem, NJ in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The number of listings in Salem, NJ increased by 5.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $170,000, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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