Home Highlights
Single-Family Home
Built in 1940
Local Information
-- mins to
About this House
Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartments—a 3-bedroom, 1-bath and a 2-bedroom, 1-bath. The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible location. Situated on a generously sized lot, the property offers a large rear parking area along with a spacious garage, perfect for storage, equipment, or potential additional use. With strong potential for mixed-use income and a desirable location along East Broadway, this is a rare opportunity to create value and maximize returns.
Last check for updates: about 4 hours ago
Listing courtesy of jennifer Derevlany, (856) 466-1388
Coldwell Banker Realty
Source: Bright MLS, MLS#NJSA2017992

Also Listed on Bright MLS.
Home Details for 296 E Broadway #298
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Appliances & Utilities Appliances: Water Heater |
Heating & Cooling Heating: None,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: 2+ Access Exits |
View No View |
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Exterior Home Features Other Structures: Above Grade, Below GradeNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 153 |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: OtherArchitecture: Other |
Building Construction Materials: MixedNot a New Construction |
Property Information Parcel Number: 130003500014 |
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Price List Price: $130,000 |
Status Change & Dates Possession Timing: 0-30 Days CD |
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MLS Status: ACTIVE |
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Direction & Address City: SALEMCommunity: None Available |
School Information Elementary School District: Salem City SchoolsJr High / Middle School District: Salem City SchoolsHigh School District: Salem City Schools |
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Listing Agent Listing ID: NJSA2017992 |
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Not Senior Community |
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No HOA |
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Lot Area: 6599 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Fee Simple |
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Mls Number: NJSA2017992Municipality: SALEM CITY |
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Source Internet Automated Valuation Display: YSource Internet Consumer Comment: YSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Around this home
What Locals Say about Salem
At least 73 Trulia users voted on each feature.
83 % Say car is needed
78 % Say yards are well-kept
73 % Say there are sidewalks
71 % Say parking is easy
65 % Say it's dog friendly
65 % Say kids play outside
64 % Say there's holiday spirit
59 % Say neighbors are friendly
54 % Say there's wildlife
53 % Say it's walkable to restaurants
48 % Say it's quiet
41 % Say streets are well-lit
36 % Say there are community events
34 % Say people would walk alone at night
32 % Say they plan to stay for at least 5 years
18 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Salem
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
65
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $185,000 | 09/24/25 | 4 | 1.5 | 1,898 | |
0.07 | Single-Family Home | $228,000 | 07/17/26 | 3 | 1.5 | 1,592 | |
0.09 | Single-Family Home | $150,000 | 01/13/26 | 3 | 1.5 | 1,584 | |
0.11 | Single-Family Home | $90,000 | 08/21/26 | 3 | 1.5 | 1,456 | |
0.14 | Single-Family Home | $306,000 | 09/15/25 | 5 | 2 | 2,205 | |
0.14 | Single-Family Home | $230,000 | 10/13/25 | 3 | 1.5 | 1,562 | |
0.15 | Single-Family Home | $245,000 | 04/21/26 | 4 | 1.5 | 1,843 | |
0.12 | Single-Family Home | $150,000 | 05/30/26 | 3 | 2 | 1,760 | |
0.24 | Single-Family Home | $180,000 | 09/19/25 | 4 | 1.5 | 2,278 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $130,000 | 5 | 2 | 1,856 | For Sale | |
0.07 | $65,000 | 3 | 2 | 1,500 | Recently Sold | |
0.08 | $116,800 | 2 | 1 | 1,092 | Off Market | |
0.05 | $190,000 | 3 | 2.5 | 1,552 | For Sale | |
0.02 | $147,600 | 3 | 1 | 1,596 | Off Market | |
0.08 | $138,900 | 2 | 2 | 1,865 | Off Market | |
0.09 | $150,000 | 3 | 1.5 | 1,584 | Recently Sold | |
0.05 | $99,500 | 2 | 1 | 1,168 | Off Market | |
0.05 | $345,800 | 6 | - | 4,362 | Off Market | |
0.07 | $228,000 | 3 | 1.5 | 1,592 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Apr 11, 2026 Source: Bright MLS #NJSA2017992 | Listed For Sale | $130,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
jennifer Derevlany, Coldwell Banker Realty
Agent Phone: (856) 466-1388

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Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
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Frequently asked questions about 296 E Broadway #298
- What is the estimated monthly payment for 296 E Broadway #298?Based on a $130,000 list price with 20% down at today's rates, the estimated monthly payment for 296 E Broadway #298 in Salem, NJ is approximately $1,060 (about $702 principal & interest, $283 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Salem?Residents describe Salem, NJ as well-kept, pedestrian-friendly, and easy to park in. See homes for sale in Salem, NJ.
- What are the closest schools to 296 E Broadway #298?The closest schools to 296 E Broadway #298 in Salem, NJ are John Fenwick Elementary School (Pre-K), Salem High School (rated 5/10), Salem Middle School (Elementary, rated 3/10).
- How big is the lot at 296 E Broadway #298?The lot at 296 E Broadway #298 in Salem, NJ is about 0.15 acres (6,599 sq ft).
- Does 296 E Broadway #298 have parking?Yes, 296 E Broadway #298 in Salem, NJ has on-site parking.
296 E Broadway #298, Salem, NJ 08079 is a 5 bedroom, 2 bathroom single-family home built in 1940. This property is currently available for sale and was listed by Bright MLS on Apr 11, 2026. The MLS # for this home is MLS# NJSA2017992.