31 Oak St Salem, NJ 08079
- Specialty properties
- 6,325 SF
- 0.52 lot acres
Current Use by Public Records
- St Mary's School / School
Property Details for 31 Oak St
- Year built
- 1940
- Lot size
- 0.52 lot acres
- Property size
- 6,325 SF
- Property type
- Specialty properties
- Property subtype
- Schools
Description
This exceptional 6,325 square foot, two-story brick school building presents a unique redevelopment opportunity in Salem, New Jersey. Situated on a 0.52-acre lot (with potential for subdivision), the property features 11 rooms, 4 restrooms, an office, and a boiler room. Currently zoned R-1, the building offers ample space for various adaptive reuse projects. The property includes 24 surface parking spaces, providing a 3.8:1,000 sq ft ratio. Built in 1940, the structure boasts average condition and quality, with concrete block construction, a tar and gravel roof, and a poured concrete slab foundation. The building's mechanical systems include a gas-fired boiler with radiant heat and window air conditioning units. The interior features drywall and concrete block walls, acoustical tile and drywall ceilings, and metal doors with glass. The property is currently tax-exempt
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Salem
- State
- New Jersey
- Longitude
- -75.4716
- Latitude
- 39.5706
