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    125 W Broadway Salem, NJ 08079

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    For Sale
    Contact for pricing

    Office building with basement and parking in Salem, New Jersey.

    Property size:
    9,248 SF
    Lot size:
    0.65 Acres

    Property Features for 125 W Broadway

    General Information

    Size
    9,248 SF
    Lot size
    0.65 Acres

    Source: JLL | Cherry Hill Agent Rick Widerman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem Office Building For Sale

    An office building is available for sale at 125 W Broadway in Salem, New Jersey. The property features 6,141 square feet of office space and an additional 3,107 square feet of basement space, totaling 9,248 square feet. The acreage is .5979 acres, with 58 parking spaces shared between 125 and 127 W Broadway. An additional adjacent property at 127 W Broadway offers 1,670 square feet on .3283 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Salem City Clerk City Government Office

    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
    -75.469374
    Latitude
    39.572022

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    FAQs

    What type of property is this?
    Office building - Office building with basement and parking in Salem, New Jersey.
    Where is this office building located?
    The property is located at 125 W Broadway Salem, NJ.
    What are key features of this property?
    This property features: - Prime location: Located at 125 W Broadway, Salem, New Jersey 08079.; - Large office space: 6,141 SF office with an additional 3,107 SF basement space, totaling 9,248 SF.; - Includes additional building: 127 W Broadway offers an additional 1,670 SF of space.
    (856) 324-5300
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    125 W Broadway 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
    125 W Broadway Salem, NJ 08079
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