Mixed-Use Investment Opportunity6 residential units 2 commercial**MOTIVATED SELLER **.MUST HAVE MIXED USE PRE APPROVAL WITH OFFER196-198 E. Broadway, Salem, New Jersey*Six spacious residential apartments ( Rents below market)*Two large commercial stores on the ground floorWelcome 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.
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty
$299,000 (USD)
Pennsauken Area Residential Home
Active
5035 Westfield Avenue Pennsauken, NJ 08110
3 Bed
2 Baths
1696 sqft
MLS# NJCD2116204
Opportunity knocks with this versatile property located along the highly visible corridor of Westfield Avenue in Pennsauken. Situated in a commercial area, this property offers a unique blend of residential comfort with strong potential for mixed-use or investment conversion.Currently configured as a single-family home, the property features 3 bedrooms, 2 full bathrooms, a spacious living room, and functional layout. Historically utilized as a mixed-use building with commercial space on the first floor and an apartment above, it has also received prior approvals for a two-unit configuration, making it an excellent opportunity for investors, business owners, or those seeking flexible use options (buyer to verify all zoning and approvals).With its prime location, high visibility, and adaptable layout, this property is ideal for live/work use, rental income potential, or future redevelopment.Don’t miss the chance to own a property with both immediate usability and long-term upside in a growing commercial corridor.Do not approach the property or disturb occupants without a scheduled appointment.
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty
$229,000 (USD)
Salem Area Residential Home
Active
90 Yorke Street Salem, NJ 08079
3 Bed
1 Baths
1308 sqft
MLS# NJSA2019012
Welcome home to this beautifully remodeled 3-bedroom, 1-bath residence offering the perfect blend of comfort, charm, and space. Situated on a generously sized lot, this move-in-ready home features updated finishes throughout, spacious living areas, and plenty of natural light. The well-designed floor plan provides comfortable everyday living, while the large yard offers endless possibilities for gardening, entertaining, recreation, or future expansion. A convenient carport provides covered parking and additional storage space. Whether you're a first-time homebuyer, downsizing, or looking for a turnkey investment, this property delivers exceptional value in a quiet Salem neighborhood. Don't miss the opportunity to own this beautifully updated home with room to grow.
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty
$199,000 (USD)
Salem Area Residential Home
Active
39 Chestnut Street Salem, NJ 08079
3 Bed
2 Baths
1952 sqft
MLS# NJSA2019620
Welcome to 39 Chestnut Street, Salem City, NJ! This charming 3-bedroom, 1.5-bath home offers comfort, character, and a great opportunity for first-time buyers, downsizers, or investors. Relax on the inviting front porch, perfect for enjoying your morning coffee or unwinding in the evening.Inside, you'll find a functional layout with comfortable living spaces and plenty of natural light. Outside, the nice-sized backyard provides ample room for gardening, entertaining, pets, or simply enjoying the outdoors.Conveniently located near local shopping, schools, parks, and major roadways, this adorable home offers small-town charm with everyday convenience. Don't miss your opportunity to make 39 Chestnut Street your next home—schedule your private showing today!
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty
$130,000 (USD)
Salem Area Residential Home
Active
296 E Broadway 298 Salem, NJ 08079
5 Bed
2 Baths
0 sqft
MLS# NJSA2017992
Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartments—a 3-bedroom, 1-bath and a 2-bedroom, 1-bath.The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible location.Situated on a generously sized lot, the property offers a large rear parking area along with a spacious garage, perfect for storage, equipment, or potential additional use.With strong potential for mixed-use income and a desirable location along East Broadway, this is a rare opportunity to create value and maximize returns.
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty
$130,000 (USD)
Salem Area Residential Home
Active
294 E Broadway Salem, NJ 08079
5 Bed
2 Baths
1856 sqft
MLS# NJSA2018506
Investor special with immediate income potential! This spacious property features 5 bedrooms and 2 full bathrooms, offering plenty of room and strong rental appeal.The home is tenant-occupied, providing the opportunity for instant cash flow from day one. With its size and layout, this property is well-suited for long-term rental or value-add improvements to maximize returns.Conveniently located on East Broadway, this is a great addition to any investment portfolio.
Listing Courtesy of BRIGHT IDX / Listed By: Jennifer Derevlany, Coldwell Banker Realty