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!
| MLS # | NJSA2020424 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 21 |
| Listing Provided By | Pino Agency | Vincent Grova |
| SQ Feet | 2,400 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | COMMERCIAL |
| Acreage | 0.11 |
| Cooling | Attic Fan, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Stone, Brick/Mortar |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 6816 |
|---|
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | SALEM |
| Zip Code | 08079 |
| Area | Salem City (21713) |
| School District | SALEM CITY SCHOOLS |
| Listing VS Median (in 08079) | |
Price: $195,000 low | high Med: $177,000 sqft: 2,400 low | high Med: 2,256 $ / sqft: $81 low | high Med: $78 On site: 21 low | high Med: 86 | |
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | SALEM |
| Zip Code | 08079 |
| Area | Salem City (21713) |
| School District | SALEM CITY SCHOOLS |
| Listing VS Median (in 08079) | |
Price: $195,000 low | high Med: $177,000 sqft: 2,400 low | high Med: 2,256 $ / sqft: $81 low | high Med: $78 On site: 21 low | high Med: 86 | |
![]() | $175,00039 Chestnut StSalem, NJ 08079 |