127 BroadwaySalem, NJ 08079

For Sale
  • Commercial real estate
  • 0.33 AC

Property Details for 127 Broadway

Year built
1980
Lot size
0.33 AC
Property type
Commercial real estate
APN
13 00059-0000-00002
APU
1300059000000002

Description

This exceptional executive office suite, located at 127 W Broadway in Salem, New Jersey, presents a unique investment opportunity. The property boasts a generous 1,670 square feet of space, ideally suited for a variety of professional uses. Situated on a sizable 0.328-acre lot, the single-story building is zoned C-1, offering flexibility for potential business expansion or adaptation. The address, 127 W Broadway, places the property in a convenient and accessible location within Salem. The property's size and zoning provide ample opportunity for a range of businesses. Detailed information regarding the building's internal layout and features is available upon request. This is an excellent chance to acquire a well-situated commercial property in a thriving New Jersey community. The property's location in Salem County, New Jersey, offers easy access to major transportation routes, making it an attractive option for businesses seeking convenient commutes for employees and clients. The 08079 zip code further highlights its strategic placement within the Salem area. Serious inquiries are encouraged to explore the full potential of this promising commercial real estate offering. Further details are available for qualified buyers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,942,394
    Hospitality
    $6,359,196
    Educational
    $5,290,776
    Medical
    $5,472,734
    Retail
    $8,230,096
127 Broadway, Salem, New Jersey

Location Insight

City
Salem
County
Salem
State
New Jersey
Latitude
39.572
Longitude
-75.4694
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,832
$65,600
$78,500
$144,100
-
$65,600
$78,500
$144,100

FAQs

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