Listing Broker: Hedenberg Real Estate Company LLC | brandon@hedrec.com | 8565560011

Description

8 unit apartment building situated in downtown Salem City. Situated on W Broadway, next to the historic Salem Oak Diner. Building is comprised of (5) large one bedroom one bath apartments. The remaining 3 units are studios. Seven of the eight units are occupied. Annual Gross Income: $74, 640 Owner pays: taxes, insurance, lawn care, trash removal, heat, hot water, & water sewer along with studio electric. Tenant's of the one bedrooms pay their own electric.

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Amenities

  • Heating:Radiator   
  • Heater:Natural Gas  
  • Cooling:Window Unit(s)  
  • Public Sewer  
  • Frame  

PROPERTY LOCATION / MAP

Last Database Update:  04/25/2026
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115 W BROADWAY, SALEM NJ
0  Bedroom(s)   |    0  Bathroom(s)   |   For Sale: $ 550,000   |   MLS Number: NJSA2018704   |   Property Type: Commercial Sale
(Information Above Will Appear At The Top Of The Email That Is Sent To Desatnick Real Estate)

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115 W BROADWAY SALEM, NJ
$ 550,000