Salem NJ Multi Family for Sale

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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:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1840
Baths:
MLS#:
NJSA2012928

ADDITIONAL INFORMATION

This large colonial is a must see. With a little TLC this could be restored to its original glory. There are many original features, including: flooring, doors, staircase, hardware, etc. There are 3 livable floors. It can be used as a duplex as well. The first and second floor have a kitchen and bathroom. There are 3 bedrooms on the second and an additional 3 on the third. The home also has a full basement and attic. There is a detached garage behind the home that has storage, office space, as well as parking for one car. The home was previously used as a commercial space. This property is listed strictly as is. All inspections are for informational purposes only. All certifications, treatments, and repairs are the responsibility of the buyer. Buyers is responsible to confirm zoning and usage within the city.

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!

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.

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1890
Baths:
MLS#:
NJSA2012514

ADDITIONAL INFORMATION

*** BACK ON MARKET DUE TO BUYER GETTING COLD FEET BEFORE THE INK DRIED! *** 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. Donât miss out on this Salem cash cowâcall today for more details!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1930
Baths:
MLS#:
NJSA2012162

ADDITIONAL INFORMATION

A two-family home for sale typically features two separate living units within a single building. Here's a detailed description: 341 Rented for $1,450 and 343 Rented for $1,350 only investors offers will be considered Exterior: This well-maintained two-family home boasts a charming exterior with a brick or vinyl siding finish, complemented by a welcoming front porch and landscaped yard. The property includes a shared driveway leading to a ten-cars parking spaces. A backyard offers privacy and space for outdoor activities or gardening. First Unit (One side): The first unit features a spacious living room with large windows that provide ample natural light, hardwood flooring, and an open floor plan that flows into a modern kitchen. The kitchen is equipped with stainless steel dishwasher and appliances, laminate countertops, and plenty of cabinetry. This unit includes two bedrooms, with the master bedroom offering an entrance to the attic. There is also a full bathroom for the other bedrooms and a convenient laundry area in the basement. Second Unit (other side): The second unit offers a similar layout, with a living room, dining area, and smaller kitchen. This unit has two bedrooms, a full bathroom, and a separate entrance for added privacy. The kitchen features cool finishes and access to a overlooking the backyard. Additional Features: Basement with potential for an extra living space, home office, or recreation room Separate utilities for each unit Central heating and cooling systems Rental income potential from the second unit This home is located in a quiet neighborhood, close to schools, parks, shopping centers, and public transportation, making it ideal for both investors and families looking to generate extra income.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1900
Baths:
MLS#:
NJSA2011772

ADDITIONAL INFORMATION

Great Investment Opportunity Duplex With 3 Bedroom 1 Bathroom Rented With Section 8 Tenant 1 Studio 1 Bathroom Vacant Take Advantage Of This Great Opportunity Studio Can Be Entered 3 Bedroom Can Be Entered During Home Inspection And Appraisal Property Is Being Sold As Is

Type:
Single Family
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 â 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.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1900
Baths:
MLS#:
NJSA2011652

ADDITIONAL INFORMATION

3 Unit Home That Has 2 Units (2 Bedroom $950 Section 8 Lease and 1 Bedroom $775 Month To Month). 4 Bedroom Unit Is Available On The First Floor. The Kitchen and Bathroom Have Recently Been Renovated. The 1 Bedroom Unit Has 1 Bath and Access To The Balcony The 2 Bedroom Unit Has Access To The Attic The 4 Bedroom Unit Has Access To The Basement-Prior To Tenant Moving Out Property Was Collection $1600 Cash or Conventional Financing As-Is

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.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - 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 Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. 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. 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. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Salem Real Estate

The median home value in Salem, NJ is $200,000. 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 $200,000. 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.

Salem Real Estate Market Conditions

  • Median sales price

    $200,000
    18.1% change since last quarter
  • # Active listings

    64
    30-day change

Salem Schools and Demographics

Education near Salem, NJ

Metric City County
High School Graduates 79.93 90.48
College Degree - 2 year 5.55 10.2
College Degree - 4 year 10.72 23.35
Graduate Degree 2.88 5.26
Expenditures per Student 22,407 22,407
Students per Teacher 11.8 11.8

Elementary Schools near Salem, NJ

School Grades Students P/T Ratio ZIP
Alloway Township School PK - 08 374 12.2 08001
Central Park Elementary School 02 - 03 247 11.7 08070
Elsinboro Township School KG - 08 124 9.3 08079
John Fenwick Academy PK - 02 469 13.4 08079
Lower Alloways Creek Elementary School PK - 08 178 8.3 08079
Mannington Township Elementary School PK - 08 182 12.1 08079
Mary S Shoemaker School 01 - 05 415 9.1 08098
Quinton Township School District PK - 08 359 13.3 08072
Salem Middle School 03 - 08 391 9.5 08079
Valley Park Elementary School PK - 01 298 14.2 08070
Woodstown-Pilesgrove Early Childhood Learning Center PK - KG 142 11.7 08098

Middle Schools near Salem, NJ

School Grades Students P/T Ratio ZIP
Pennsville Middle School 06 - 08 430 10.3 08070
Pennsylvania Beach Elementary School 04 - 05 289 12.3 08070
Woodstown Middle School 06 - 08 294 12 08098

High Schools near Salem, NJ

School Grades Students P/T Ratio ZIP
Pennsville Memorial High School 09 - 12 463 8.8 08070
Salem High School 09 - 12 317 6.5 08079
Woodstown High School 09 - 12 684 11.8 08098

Ungraded Schools near Salem, NJ

School Grades Students P/T Ratio ZIP
* Salem County Career and Technical High School 09 - 12 738 17 08098
Alternative Middle & High School 06 - 12 18 6 08079
Salem Campus KG - 12 48 25.3 08098

Demographics near Salem, NJ

Metric City County
Neighborhood Type Small town
Population 5,237 64,752
Population Density 2,234 195
Median Age 32.5 42.5
People per Household 2.4 2.6
Median Household Income 26,667 67,898
Average Income per Capita 17,958 34,812