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$195,000 Just Listed
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Property Description
Exceptional opportunity to acquire 1-3 Hires Ave, offering multiple income-producing commercial and residential spaces in the heart of Salem's established downtown business district. Unlock the potential of this well-maintained brick multi-unit property offering both residential income and commercial flexibility. Perfect for investors and business owners, this property features two distinct units designed to maximize opportunity. The second-floor residential unit offers a comfortable 2-bedroom layout that is filled with charm and on the lower level, the commercial space is ready for your vision but is currently being utilized as a bakery. Whether you're looking to expand your investment portfolio or establish your business while collecting rental income, this property delivers flexibility, functionality, and strong potential in a convenient Carneys Point location. Endless possibilities await-don't miss this unique mixed-use opportunity!
Full Property Details
Full Property Details for 1 Hires Ave
General
- Price: $195,000
- Taxes: $6,816 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJSA2020370
- Updated: 10/7/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other/General Retail
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 2
- Parking Type: Driveway
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Driving Directions: please use gps.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Drive-In Doors: 1
- # Loading Docks: 1
- Building Size: 2400
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,001
- Lot Size Source: Assessor
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $81.25
- Assessment Year: 2021
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $79,000
- Tax Amount: $6,816
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 17
Listed by Pino Agency, Vincent Grova
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Schools
Schools serving 1 Hires Ave
School District:Salem City School District
| Name | Grades | Distance |
|---|---|---|
Salem Middle School 51 New Market Street, Salem, NJ 08079 | 3-8 | 0.1 mi |
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079 | PK-2 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Hires Ave
Date
Details
Price
Change
Source
10/07/2026
Listed
$195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Hires Ave
1 Hires Avenue, Salem, NJ 08079 (MLS# NJSA2020370) is a Retail property. 1 Hires Avenue is currently listed for $195,000 and was received on October 07, 2026. Want to learn more about 1 Hires Avenue? Do you have questions about finding other Retail real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

