31 Oak St , Salem City is a $280,000 home on a 0.52 acre lot located in Salem, NJ.
The building is a two story brick school facility. It consists of 11 rooms, 4 restrooms, office and boiler room. Currently, the subject site has 38,700 SF of land area. The owner will submit for approval of a subdivision once a buyer is obtained. Subsequent to the proposed subdivision, the new subject parcel would include only the school and parking lot (22,521 SF). Seller requests limited shared use of parking on Sundays and certain special days. Subject is located in Flood Zone X an area that is determined to be outside the 100 and 500 year floodplains. Property Type Special Purpose Design; Single-Tenant; Owner-Occupied; Number of Buildings 1; Number of Stories 2; Net Rentable Area (NRA) 6,325 SF; Gross Building Area (GBA) 6,325 SF; Floor Plate 3,163 SF; Site Coverage Ratio 14.0%; Land to Building Ratio 3.6:1; Parking 24 (Surface) 3.8/1,000 SF NRA; Year Built 1953; Quality Average; Condition Average; Basic Construction Concrete block; Foundation Poured concrete slab; Framing Concrete Block; Exterior Walls Brick; Roof slight pitch tar and gravel; Insulation Assumed to be standard and to code for both walls and ceilings; Heating Gas fired boiler with radiant heat system; Air Conditioning Window units; Lighting Fluorescent and Incandescent; Interior Walls Drywall/ concrete block; Electrical commercial phases; Ceilings Acoustical tile and drywall; Windows Glass in aluminum frames; Doors Metal doors with glass in metal frame. Subject is presently tax exempt. The current tax value for all buildings on the site is as follows: Exempt Total Asmt: $377,500; Total Land Asmt: $177,600; Total Bldg. Asmt: $199,900; Total Asmt: $377,500; Exempt Land Asmt: $177,600. Assuming a buyer would use the property for some non-tax exempt purpose and the post subdivision total assessment would be $200,000 the estimated real estate tax would be $14,138.
| Basement | Foundation Details - Slab |
| Appliances | Hot Water - Natural Gas Security Features - Smoke Detector |
| Interior Features | Accessibility Features - 48 Inches+ Wide Halls Accessibility Features - Doors - Lever Handle(s) Accessibility Features - Other Other Equipment - Negotiable Utilities - Phone Available Utilities - Cable TV InternetServices - Cable InternetServices - Other |
| Cooling Types | Window Unit(s) Cooling Fuel - Electric |
| Heating Types | Radiant Heating Fuel - Natural Gas Heating - Yes |
| # Parking Spaces | 24 |
| Parking Types | Private Parking Type - Street Parking Type - Lot Unassigned Paved Parking Surface |
| Exterior Features | Accessibility Features - Level Entry - Main Road Responsibility - City/County Road Surface Type - Black Top Electric Service - Other Electric Service - Circuit Breakers Utilities - Electric Available Utilities - Above Ground Calaveras Unified |
| Views | Street |
| Roof | Other |
| Construction Types | Other |
| Land Type | Location Type - Urban Lot Features - Cleared Lot Features - Other Lot Features - Level Soil Types - Unknown |
| Water Source | Utilities - Water Available Public |
| Sewer | Public Sewer Utilities - Sewer Available |
| Property Type | Commercial Sale |
| Property Sub Type | Special Purpose |
| Style | Standard Fee Simple Grocery/Supermarket Hobby |
| Year Built | 1940 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $0.00 |
| County | salem |
| School District | salem city schools |
| Middle School | salem |
| High School | salem |
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Copyright BRIGHT, All Rights Reserved. Data last updated 07/26/2024 at 07:35pm MDT. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Information deemed reliable but not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
