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$325,000 Just Listed
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Property Description
An incredible opportunity to obtain a property that seems to offer limitless possibilities. Over 4,000 square-feet of space that could operate as one massive space or multiple businesses. Open space on the 1st floor that could be significant retail. Multiple offices on the 2nd floor could operate as medical space, financial networks, accounting. Previously occupied by a non-profit organization this space speaks to many different governmental uses, doctor's office, businesses who meet with clients in person. Alternatively, there are residential considerations with buyers obtaining approval from the City of Salem. Open your mind to what could be a thriving situation. Multiple new businesses in the area could partner with you for yours. Contact us to speak with experienced agents with strong commercial lending contacts.
Full Property Details
Full Property Details for 201 E Broadway
General
- Price: $325,000
- Taxes: $18,740 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJSA2018240
- Updated: 3/21/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Professional, Other, Apartment Building, Big Box Reta
Interior
- Flooring: Carpet, Laminated, Vinyl, Wood
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- Area: Salem City (21713)
- Municipality: SALEM CITY
- County: SALEM
- Cross Streets: Market Street
- Driving Directions: Market St to East Broadway. Turn left. PIQ on the right.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Foundation: Block, Brick/Mortar
- Building Size: 4225
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,225
- Lot Size Source: Assessor
- Lot Dimensions: 33.00 x 128.00
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $76.92
- For Lease: Yes
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $217,200
- Tax Amount: $18,740
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 6
Listed by RE/MAX Preferred - Sewell, Mark T Hebert and RE/MAX Preferred - Medford, Sigmond Jazwiecki
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Schools
Schools serving 201 E Broadway
School District:Salem City School District
| Name | Grades | Distance |
|---|---|---|
Salem Middle School 51 New Market Street, Salem, NJ 08079 | 3-8 | 0.2 mi |
John Fenwick Elementary School 183 Smith Street, Salem, NJ 08079 | PK-2 | 0.4 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 201 E Broadway
Date
Details
Price
Change
Source
3/21/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 201 E Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,858
5%
$217,200
—
2023
$17,074
5%
$217,200
—
2022
$16,327
-1%
$217,200
—
2022
$16,529
5%
$217,200
—
2021
$15,764
83%
$217,200
-1%
2016
$8,627
1%
$220,300
—
2015
$8,517
1%
$220,300
—
2013
$8,422
—
$220,300
—
Disclaimer: Historical tax 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 201 E Broadway
201 E Broadway, Salem, NJ 08079 (MLS# NJSA2018240) is a Apartment property. 201 E Broadway is currently listed for $325,000 and was received on March 21, 2026. Want to learn more about 201 E Broadway? Do you have questions about finding other Apartment real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

