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    201-203 E Broadway Salem, NJ 08079

    For Lease
    $3,500 /Mo ($9 SF/Yr)

    CommercialLease - SALEM, NJ

    Type:Office
    Lot size:
    0.10 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 201-203 E Broadway

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    5
    Parking features
    On Street
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Building materials
    Frame

    Weichert Realtors (856) 227-1950 [email protected]

    Listing agent Kathleen B Hansbury (856) 227-1950 License #9913217

    Listing date Oct 15, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Salem Commercial Office Space

    Located in the heart of Salem's Downtown Main Street District, this commercial office building offers an exceptional opportunity for law firms, medical practices, financial services, and other professional businesses. The building features 11 private offices, with 5 on the first floor and 6 on the second, along with a dedicated conference room. Additional features include two pantries, separate men's and women's restrooms, and central air conditioning. Both a walkable attic and full basement provide ample storage space. The property benefits from ample street parking. Surrounded by key institutions including the State Senator and State Agencies Building, an educational foundation, and directly across from the Salem County Courthouse and Salem Community College, this location offers visibility and accessibility. The surrounding area is walkable, vibrant, and rich in history. The property is a move-in-ready office space in downtown Salem. The property is available for lease at $3500 a month. The building has 4300 SF FT and sits on a 0.1 acre lot.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    New Jersey
    Longitude
    -75.46653279
    Latitude
    39.57149167

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office building - Move-in ready office space in the heart of Salem.
    Where is this office building located?
    The property is located at 201-203 E Broadway Salem, NJ.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Salem location directly across from the Salem County Courthouse and Salem Community College.; - 4300 SF commercial office building suitable for various professional businesses.; - Features **11 private offices** and a dedicated conference room.
    (856) 227-1950
    Request Owner's contact information
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    Salem, NJ 08079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201-203 E Broadway Salem, NJ 08079
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