Salem NJ Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1875
Baths:
MLS#:
NJSA2013632

ADDITIONAL INFORMATION

Please note, the property is being sold as-is where is. This spacious 4-bedroom, 2-bathroom multi family home offers great potential. Set up as a duplex non conforming use. Buyer is responsible for obtaining the variance or converting back to a single family residence. Buyer is responsible for obtaining the certificate of occupancy from the township. This is an excellent opportunity for the right buyer to make this home their own or a cash flowing investment. Don't miss out on this unique property!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1915
Baths:
MLS#:
NJSA2013572
Subdivision:
None Available

ADDITIONAL INFORMATION

Fully Remodeled Side-by-Side Duplex – Investor's Dream or Multi-Generational Living Opportunity Welcome to this beautifully remodeled (2022) side-by-side duplex, offering the perfect blend of modern upgrades and timeless charm. With a single deed and 4 spacious bedrooms and 1 full bath per side, this property is an ideal investment or a fantastic option for multi-generational living. Each side features 1,850 square feet of living space, providing plenty of room for everyone. Completely remodeled in 2022 with modern updates throughout, including new basement windows, a replaced front porch, and keyless entry for added convenience and security. New heat pumps installed on the third floor of both units for efficient heating and cooling. Full, unfinished basements with Bilco doors for exterior access, offering storage or additional use potential. Off-street parking for both units, with additional street parking available. Both units are fully rented through July 2025, providing immediate rental income. The front porch adds charm and serves as a welcoming outdoor space. Whether you're seeking to expand your investment portfolio or secure a spacious home with rental income, this property offers tremendous opportunity. Conveniently located with thoughtful upgrades and ample living space, it’s a rare find. Contact us today to schedule your private tour and explore all this exceptional duplex has to offer.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1850
Baths:
MLS#:
NJSA2013414

ADDITIONAL INFORMATION

Exciting Investment Opportunity – Duplex with Endless Potential! Discover the potential in this duplex, offering a blank canvas for your vision and creativity. While the property requires a full rehab, it boasts incredible possibilities for investors or homeowners looking to customize every detail. The downstairs unit is currently configured as a 3-bedroom, and the upstairs unit setup has its own 2-bedroom layout. With some imagination and effort, this property could become a fantastic income-producing investment or a spacious multi-generational home. Please note: the septic system's condition is unknown, and buyers are encouraged to conduct their own due diligence. The property is being sold as-is, with no guarantees from the seller or agent. Don’t miss this chance to turn potential into profit—schedule your showing today!

Type:
Duplex
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.

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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 $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 08079 has a population of 5,237. Salem 08079 is less family-centric than the surrounding county with 19.76% 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 08079 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 08079 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

    $205,000
    18.1% change since last quarter
  • # Active listings

    45
    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 08079

Metric Zip Code City
Neighborhood Type Small town Small town
Population 10,353 5,237
Population Density 114 2,234
Median Age 40.8 32.5
People per Household 2.4 2.4
Median Household Income 44,763 26,667
Average Income per Capita 28,919 17,958