1-3 Hires Ave, Salem, NJ 08079

Local realty services provided by:CENTURY 21 Dale Realty Co.
1-3 Hires Ave,Salem, NJ 08079
$195,000
  • 2 Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: vincent grova
Office: pino agency
MLS#:NJSA2020424
Source:BRIGHTMLS

Price summary

  • Price:$195,000
  • Price per sq. ft.:$81.25

About this home

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!

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Home facts

  • Year built:1900
  • Listing ID #:NJSA2020424
  • Added:9 day(s) ago
  • Updated:October 23, 2026 at 01:40 PM

Rooms and interior

  • Bedrooms:2
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Attic Fan, Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:2,400 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$81.25
  • Tax amount:$6,816 (2025)