Salem NJ Multi Family for Sale
$199,900
3 S 3rd Street Salem, NJ 08079
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- NJSA2013218
ADDITIONAL INFORMATION
Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!
$120,000
107 7th Street Salem, NJ 08079
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- NJSA2013184
ADDITIONAL INFORMATION
Investor alert ready for your rehab. for excellent rental investment or rehab and resale. Large Duplex home. Brick exterior and interior walls. Being sold in strictly as is condition. All certifications will be the responsibility of the buyer.
$235,000
37 Market Street Salem, NJ 08079
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1830
- Baths:
- MLS#:
- NJSA2013180
ADDITIONAL INFORMATION
Investor opportunity. Why pay rent? Perfect home for a buyer to live in one half and rent the other half. 3-5 bedrooms. Property is close to downtown and court house. Historical home with original charm. Access to real yard from side street as the property is L shape. Property being sold in strictly as is condition. All certifications are the responsible of the buyer.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 9.79 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- NJSA2013006
- Subdivision:
- None Available
ADDITIONAL INFORMATION
What a unique opportunity! Almost 10 acre property in Quinton Township! Property consists of a single family 2 bedroom, 1 bath home with an unfinished basement, walk up attic, and hardwood floors. There is also a detached 2 car garage with an 2 bedroom, 1 bath apartment over top of the garage. Further, there is a large barn with lean to. AND, a FARM--approx 8 acres! The metal roof on the home is newer. Could live in the home, rent the apartment, and farm all the crops you desire! Or live in the home, rent the apartment AND farm, while applying for Qfarm status to lower the tax! Or rental all the pieces! Or put in some money to bring this property back to its former glory! So many ways to make this property a money maker! Selling completely "as is"--Buyer responsible for any/all certifications/repairs. The home and apartment need some TLC. Septic will need attention. Estate sale.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- NJSA2012818
ADDITIONAL INFORMATION
***DUPLEX ALERT*** Investors, discover the potential of this NEWLY RENOVATED Duplex in Salem NJ! Completed in 2024, both unit boasts 3 spacious bedrooms and 1 bathroom with 2,921 total square feet providing modern living space for tenants. This property has steady income potential, reduced upfront maintenance, and is turnkey ready! This duplex is a compelling option for investors aiming for both cash flow and long-term growth potential. 2025 FMR for a 3 bedroom is $1,780. Great opportunity for ROI with immediate positive cash flow. This one will not last!
$225,000
334 E Broadway Salem, NJ 08079
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJSA2012896
- Subdivision:
- None Available
ADDITIONAL INFORMATION
Investor Alert - This property has been renovated approximately 1 year ago. Great investment opportunity to go into the winter season and purchase a cash-flowing Asset. Currently tenant-occupied. Do not disturb and call first.
$188,900
52 Market Street Salem, NJ 08079
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJSA2012806
ADDITIONAL INFORMATION
This home could be used as a single family home but also has an apartment upstairs with 4 bedrooms and 2 bathrooms. Being sold as is. There is a separate entrance for the apartment. Home has natural gas heat and a lot of old world charm. Also see MLS No. NJSA2012034.
$140,000
339 E Broadway Salem, NJ 08079
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- NJSA2012514
ADDITIONAL INFORMATION
CALLING ALL WISHY-WASHY BUYERS AND TIRE-KICKERS! PLEASE CONTINUE SCROLLING TO THE NEXT PROPERTY! Back-On-Market for the 3rd time in 3 weeks. *** LOOKING FOR SERIOUS INVESTORS ONLY! *** Here's your chance to own a cash-flowing duplex in the heart of Salem City! This property includes a 3-bedroom unit rented at $1,000 per month and a 2-bedroom unit rented at $870 per month, occupied by long-term tenants on a month-to-month basis. Don’t miss out on this Salem cash cow—call today for more details! *** INQUIRE TODAY TO BE NOTIFIED OF THE NEXT INVESTOR GROUP TOUR !!! ***
$600,000
196 E Broadway Salem, NJ 08079
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- NJSA2011762
ADDITIONAL INFORMATION
Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. 196-198 E. Broadway, Salem, New Jersey *Six spacious residential apartments ( Rents below market) *Two large commercial stores on the ground floor Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential. The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners. This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
$240,000
236-238 Wesley Salem, NJ 08079
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- NJSA2010876
ADDITIONAL INFORMATION
Welcome to 236 Wesley fully remodeled 3 bed 1.5 bath with loft, with new floors, bathrooms, kitchen, appliances. gas heat, new hw heater. full basement. 238 Wesley is tenant occupied and is attached as a twin to 236 Wesley. Tenant in process of moving out. 238 Wesley AS IS SALE. Both homes being sold together.
$158,000
91 7th Street Salem, NJ 08079
- Type:
- Single Family-Detached
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJSA2010798
ADDITIONAL INFORMATION
? **Investment Opportunity in Salem, NJ!** PRICE REDUCTION BACK ON MARKET, BUYER BACKED OUT. Let there Lose be your gain. Welcome to your new investment property or potential home! Explore this beautifully renovated 2nd-floor unit, featuring brand new windows installed in March 2024. This spacious unit offers 1 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first floor is a 2-bedroom, 1-bathroom unit, currently vacant. With market rents in the range of $1400-$1500, for 2 bedroom units you can set the rent with your new tenant. This property presents an excellent opportunity to add to your rental portfolio or live in the downstairs unit while the 2nd unit helps cover the mortgage. Don't miss out on this chance to generate passive income or enjoy the benefits of multi-family living. Schedule your viewing today and seize this lucrative investment opportunity! ? There are no pictures of the 1st floor as it was tenant occupied at the time. PPROPERTY IS SOLD AS IS SELLER WILL MAKE NO REPAIRS, INSPECTIONS ARE FOR BUYERS INFORMATION ONLY. BUYER IS RESPONSIBLE TO OBTAIN CERTIFICATE OF OCCPANCY ONCE THE HAVE A NEW TENANT OR OCCUPY THE UNIT THEMSELVES.
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Salem Real Estate
The median home value in Salem, NJ is $205,000. This is lower than the county median home value of $236,500. The national median home value is $338,100. The average price of homes sold in Salem, NJ is $205,000. Approximately 24.11% of Salem homes are owned, compared to 51.81% rented, while 24.08% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, New Jersey has a population of 5,237. Salem is less family-centric than the surrounding county with 14.63% of the households containing married families with children. The county average for households married with children is 25.35%.
The median household income in Salem, New Jersey is $26,667. The median household income for the surrounding county is $67,898 compared to the national median of $69,021. The median age of people living in Salem is 32.5 years.
Salem Weather
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 44.9 inches per year, with 16.6 inches of snow per year.