Multi-Use Office and Retail
For Sale
$250,000
201 Broadway, Salem, NJ 08079
Single building with an open first floor and multiple second-floor offices, totaling 4,225 SF.
Property Size4,225 SF
Price / SF$59.17
Days on Market156
Property Features for 201 Broadway
General Information
Standard status
Active
Size
4,225 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$18,740
Amenities
Central Air
3
Vinyl, Laminate, Carpet, Wood
COMMERCIAL
Parking.
On Street.
33.00 x 128.00
Other.
Building Details
Year Built
1950
Listing Agency:
(856) 589-4848
Listed By:
Sewell
(856) 589-4848
Source:
Xome
Added: Mar 10
Changed: Aug 12
Last Checked: Aug 12 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sewell
Investment Insights
Based on property information with market context.
Located at 201 E Broadway in Salem, NJ, this multi-use commercial property offers more than one way to configure the space. The first floor features open space that could support retail-style operations, while the second floor contains multiple offices suited for professional uses.
The property previously served as a non-profit organization, which the seller notes may align with a range of governmental-related or client-meeting uses. The listing also describes potential fit for medical office, financial networks, and accounting, depending on how the space is organized. In addition, residential considerations are mentioned, contingent on approval from the City of Salem.
With approximately 4,225 square feet, the building is presented as capable of operating as a single cohesive space or being divided to accommodate more than one business, subject to applicable approvals and layout decisions.
The property previously served as a non-profit organization, which the seller notes may align with a range of governmental-related or client-meeting uses. The listing also describes potential fit for medical office, financial networks, and accounting, depending on how the space is organized. In addition, residential considerations are mentioned, contingent on approval from the City of Salem.
With approximately 4,225 square feet, the building is presented as capable of operating as a single cohesive space or being divided to accommodate more than one business, subject to applicable approvals and layout decisions.
Key Highlights
- Total of 4,225 SF in a single building with an open first floor and multiple second‑floor offices
- Commercial zoning (COMMERCIAL) with on‑street parking
- Open first‑floor space that could support retail use, plus multiple offices on the 2nd floor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08079, NJ
10,793
Population
5,213
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
88.7 sq mi
ZIP Area
122
Density / Sq Mi
$60,375
Median Household Income
$46,345
Median Earnings
$1,057
Median Rent
$180,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single building with an open first floor and multiple second-floor offices, totaling 4,225 SF.
Where is this medical office space located?
The property is located at 201 Broadway Salem, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Total of 4,225 SF in a single building with an open first floor and multiple second‑floor offices; Commercial zoning (COMMERCIAL) with on‑street parking; Open first‑floor space that could support retail use, plus multiple offices on the 2nd floor
