31 OAK STREET, Salem, NJ 08079

Building Details

Year Built

1952

Listing office BHHS Fox & Roach-Mullica Hill South Show Phone

Listing date May 6, 2021

Source Exitrealty

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Overview

The property is a two-story brick school facility featuring 11 rooms, 4 restrooms, an office, and a boiler room. Constructed in 1952, the building has a gross building area (GBA) of 6,325 square feet and a floor plate of 3,163 square feet. It is built with concrete block framing, brick exterior walls, and a slight pitch tar and gravel roof. Interior features include drywall and concrete block interior walls, acoustical tile and drywall ceilings, and glass windows in aluminum frames, and metal doors with glass in metal frames. The building is equipped with a gas-fired boiler radiant heat system, window unit air conditioning, and fluorescent and incandescent lighting. The property includes a surface parking lot with 24 spaces. The site coverage ratio is 14.0%, and the land to building ratio is 3.6:1. The site is located in Flood Zone X, an area outside the 100 and 500-year floodplains. The owner will submit for approval of a subdivision once a buyer is obtained. Subsequent to the proposed subdivision, the new subject parcel would include only the school and parking lot (22,521 SF). Seller requests limited shared use of parking on Sundays and certain special days. The property is currently tax exempt.

Suggested Use

Real Estate Agency Spa & Massage Center Nail Salon Hair Salon Building Supply Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom Department Store Dental Office

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

Location Insight

• Map
• Local Demand

City

Salem

County

Salem

State

New Jersey

Longitude

-75.4717

Latitude

39.5703

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FAQs

What type of property is this?

School - Two-story brick school building with parking in Salem, NJ.

Where is this school located?

The property is located at 31 OAK STREET Salem, NJ.

What is the asking price?

The asking price for this property is $280,000.

What are key features of this property?

This property features: Located in Flood Zone X (outside 100 and 500 year floodplains).; **Building size: 6,325 SF with a two‑story layout.**; Includes 11 rooms, 4 restrooms, office, and boiler room.