31 Oak StSalem, NJ 08079

  • Retail properties
  • 6,325 SF
For Sale
$280,000 View listing

Property Details for 31 Oak St

Year built
1940
Lot size
0.52 AC
Property size (Sq ft)
6,325 SF
Property type
Retail properties
Property subtype
Other specialty properties

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

31 Oak St, Salem, New Jersey

Location Insight

City
Salem
County
Salem
State
New Jersey
Latitude
39.5706
Longitude
-75.4716

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