$195,000
 $1,047 est/mo Sourced by Back At You

1-3 Hires Ave,SALEM, NJ 08079

SALEM, NJ 08079

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Description

Exceptional opportunity to acquire 1-3 Hires Ave, offering multiple income-producing commercial and residential spaces in the heart of Salem's established downtown business district. Unlock the potential of this well-maintained brick multi-unit property offering both residential income and commercial flexibility. Perfect for investors and business owners, this property features two distinct units designed to maximize opportunity. The second-floor residential unit offers a comfortable 2-bedroom layout that is filled with charm and on the lower level, the commercial space is ready for your vision but is currently being utilized as a bakery. Whether you're looking to expand your investment portfolio or establish your business while collecting rental income, this property delivers flexibility, functionality, and strong potential in a convenient Carneys Point location. Endless possibilities await-don't miss this unique mixed-use opportunity!

Details

MLS #NJSA2020424
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site21
Listing Provided ByPino Agency | Vincent Grova

Features

SQ Feet2,400
BasementY
Units1
ZoningCOMMERCIAL
Acreage0.11

Interior

CoolingAttic Fan, Window Unit(s)
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsBrick
Foundation DetailsStone, Brick/Mortar

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount6816

Area Information

StateNJ
CountySALEM NJ
CitySALEM
Zip Code08079
AreaSalem City (21713)
School DistrictSALEM CITY SCHOOLS
Listing VS Median (in 08079)
Price:
$195,000
low | high
Med:
$177,000
59.230769230769% of Average
sqft:
2,400
low | high
Med:
2,256
56% of Average
$ / sqft:
$81
low | high
Med:
$78
53.436988543372% of Average
On site:
21
low | high
Med:
86
24.418604651163% of Average
Sourced by Back At You

Market Activity 08079

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Learn More About This Property

StateNJ
CountySALEM NJ
CitySALEM
Zip Code08079
AreaSalem City (21713)
School DistrictSALEM CITY SCHOOLS
Listing VS Median (in 08079)
Price:
$195,000
low | high
Med:
$177,000
59.230769230769% of Average
sqft:
2,400
low | high
Med:
2,256
56% of Average
$ / sqft:
$81
low | high
Med:
$78
53.436988543372% of Average
On site:
21
low | high
Med:
86
24.418604651163% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $146K - $243K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
39 CHESTNUT ST Property Photo 1
$175,000
39 Chestnut St
Salem, NJ 08079
Listing Updated: October 26, 2026 at 9:44:22 AM PDT