$480,199Average Value$356Average Price per Sq Ft4Homes For Sale
Cultural vibrancy takes center stage in The Point
The Point is a Salem neighborhood that traces its name to its early status as a fishing center along the Massachusetts coastline. Centuries later, it is a culturally vibrant neighborhood. “When people talk about Salem and vibrancy, The Point is the epitome of that, and it adds that bit of magic to Salem as well,” says Tyson Lynch, founder of Tyson Lynch Property Advisor and a broker associate with Proper Nest Real Estate. With access to Salem Harbor, proximity to central Salem and a calendar filled with cultural and Halloween staples, The Point has endured and evolved over the course of about 400 years.
A local resident walks past the vibrant Punto Urban Art Museum in The Point, Massachusetts — a community-driven project using public art to bridge cultural and socioeconomic divides.
Halloween spirit comes alive in Salem, Massachusetts, as visitors snap photos with eerie decorations and festive displays in the city famous for its spooky season celebrations.
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Century-old homes in The Point have undergone conversion
Most properties in The Point date to the early 20th century, part of the rebuild after the Great Salem Fire of 1914. Single-family homes rarely come up for sale; homes here often have an estimated value of $500,000 or more. Most condos sell for between $300,000 and $400,000, while multi-family homes are often priced near $1 million or higher. “Multi-families, depending on size and condition, range from $600,000 for a two-family up to $2 million for a six-unit apartment building,” Lynch says. The neighborhood does not yet have a CAP Index crime score.
A classic early 20th-century brick apartment building stands at the corner of Chase Street in The Point, Massachusetts, showcasing the neighborhood’s historic urban architecture and timeless character.
Tree-lined streets and stately early 20th-century homes define this quiet residential area in The Point, blending classic architecture with small-town New England charm.
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Education at a pair of Salem public schools
Students are served by Salem Public Schools, which earns an overall grade of C-plus from Niche. The Saltonstall School receives a C-plus and spans kindergarten through eighth grade. Salem High School gets a B-minus. The high school’s sports teams play under the Salem Witches moniker and include hockey, lacrosse and unified basketball programs.
The Point offers recreation at city parks and on the water
Mary Jane Lee Park has a splash pad and playground near the middle of the neighborhood. Palmer’s Cove Yacht Club sits just off the south side, and Palmer Cove Park & Playground offers a baseball field and basketball court. The Salem Harbor Walk traces the coastline. Forest River Park offers a baseball field, basketball court and Pioneer Village, a recreation of a Colonial community, south of The Point.
Just north of The Point, Salem Common is a park dating back more than 200 years. It spans nearly 10 acres and is home to a bandstand, basketball court, playground and open space. Locals can also take tours through historic sites with the Salem Maritime History Walk. Boating and fishing are popular pastimes; there are boat tours around the coves and bays.
Families in The Point gather along the scenic Salem Harbor Walk to enjoy the waterfront swings and lively community events.
The Salem World War Memorial in The Point, Massachusetts is a solemn tribute to the city’s fallen heroes and a peaceful landmark in the heart of the historic district.
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Halloween-themed events take place in Salem
The city of Salem often leans into its past for local events, including the Haunted Happenings Grand Parade each October. The Halloween-themed procession begins around Shetland Park and ends at Salem Common. Other seasonal festivities include haunted houses, tarot readings, museum exhibits and walking tours of haunted places across the city. “Because Salem is so compact, the events happening in other neighborhoods spill over,” Lynch says. “You’re minutes away from them.”
Outside of Halloween, the open-air Punto Urban Art Museum spans three blocks. “It showcases the vibrancy of the neighborhood,” Lynch says. “They have these huge, colorful murals on the outside of a lot of the buildings, and it’s become another destination for people to come to Salem – to do walking tours in The Point to see the culture that’s there and give a different side to Salem.” The 1692 Salem Witch Museum and Salem Witch Trials Memorial offer windows into the community’s past.
Though the Shetland Park complex, used for office and industrial purposes, still houses businesses, its redevelopment plan is set to open The Point back up to the harbor. “The plan is to provide water access and seaside parks to the neighborhood … to reconnect the ocean to the community,” Lynch says. The area was formerly home to a textile mill along the coastline, but the revamping will transform it into a mixed-use facility with commercial and residential uses.
The Point residents head to the nearby Haunted Happenings Marketplace on the weekends in Salem Common.
Visitors browse Halloween-themed market stalls in Salem, Massachusetts, where witchy wares, spooky decor, and festive fun capture the season's spirit in the Witch City.
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Local restaurants reflect The Point’s vibrancy
The Point also has a wide selection of local restaurants. “You have a variety of places you can eat,” Lynch says. La Delicia Dominican is an option, while other international restaurants include Howling Wolf Taqueria and Witch City Hibachi.
The Babe and Tipsy Cowboy Country Dive are both popular spots to grab drinks. Couch Dog Brewing Company pours its own craft beers. Harbor Sweets is a local favorite chocolate shop. Grocery shoppers have a Stop & Shop less than 3 miles from the neighborhood center, while Target and Walmart are each under 6 miles away.
Find the perfect unique gift at Roost & Company near The Point.
Friends share laughs and festive drinks inside a Salem restaurant, celebrating Halloween season with colorful costumes and lively conversation in the Witch City.
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Public transportation by land or by sea in Salem
While residents of The Point typically use personal vehicles to get around, they can also choose public transportation by land or on the water. Lynch mentions the MBTA bus line that goes all the way to Boston, with a stop at the Salem commuter train station on the way. The Salem Ferry runs from the city to Boston from May through October. The city also offers Salem Skipper, a ride-share service. Salem Hospital is under 2 miles west and Boston Logan International Airport is less than 15 miles south.
Commuters in The Point travel to Boston with ease with use of the Commuter Rail.
Commuters from The Point enjoy effortless travel thanks to the neighborhood’s close proximity to the Salem Transit Station.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the The Point neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
The Point
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
The Point Demographics and Home Trends
On average, homes in The Point, Salem sell after 24 days on the market compared to the national average of 56 days. The median sale price for homes in The Point, Salem over the last 12 months is $339,950, down 8% from the median home sale price over the previous 12 months.
MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental
Great first time buyer unit. Where can you find a clean, renovated unit with a view like this for this price? Elegant new hardwood floors throughout (2020). Corner unit with lots of natural light and views of Pickering wharf area. 2 Bedrooms or 1 bedroom with a den or office. Large closets, new kitchen (2020), clean and bright. Basement has coin-op washers and dryers. Only 8 units in the
One of a kind and rare opportunity in the heart of Salem! Renovate this 11 room stucco Colonial and make it your own unique property or develop the R3 zoned parcel into something new. This property sits on a .21 acre lot on Rt. 114 close to downtown Salem. The current house has 4 bedrooms, 3 full baths and a 1 car garage and is setback from the street with a front yard surrounded by a stone wall
Bernie StarrBerkshire Hathaway HomeServices Commonwealth Real Estate
This beautiful, warm, updated condo in historic Salem is ready to move in! Located on the third floor, this unit offers 3 bedrooms, 1 full bath, living space filled with natural light, charm and character. High ceilings, stunning hardwood floors, custom cabinets, bean board - wainscoting woodwork throughout the condo, creating inviting atmosphere. Open-concept flow into updated kitchen with
We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates
This apartment is minutes from downtown Salem and features spacious bedrooms and brand new renovated modern bath. Act now for discounted rent for the first sex months at 1950 and then 2300 per month after. 1 parking spot included with plenty of off-street parking plus easy access to public transportation and downtown. Pets allowed! Setup your showing now!
Adjacent to Hampton Inn Salem, 231 Washington features 56 luxury apartments equipped with modern amenities with integrated technology, a fitness room, availability of covered/heated parking and rentable storage lockers. The perfect setting for a young professional or suburban transplant, 231 Washington is situated within walking distance of Salem’s most popular restaurants, breweries and
Welcome to 260 Washington Street, where comfort meets convenience in historic Salem, MA. Our community offers spacious one- and two-bedroom apartments designed for easy living just steps from downtown Salem’s shops, dining, and entertainment.Enjoy the best of city living with commuter rail access just a short walk away, making your trip to Boston or beyond a breeze. Our pet-friendly
Welcome to your new home in the heart of Salem, MA! This location offers a unique blend of comfort and convenience. The private entry ensures your privacy, while the included heat and hot water amenities provide worry-free living, especially during those chilly New England winters. The kitchen is a chef's dream, boasting sleek granite countertops that add a touch of elegance to your cooking
Call Today! Dont Miss Out On This Great Deal In A Fantastic Location!Move-In Costs Fees:Last Month Rent: $2,150First Month Rent: $2,150Security Deposit: $1,075Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and
Disclaimer: The information in this listing may have been gathered from third-party sources including the owner and/or public records. Listings are subject to errors and omissions. Encore Realty disclaims any and all representations or warranties as to the accuracy of this information. Encore Realty is an Equal Housing Opportunity Agency. Photos may not always be of the actual apartment. At
This nice 1 Bedroom 1 Bath place in the Salem area is available for Now.Boston Pads is not responsible for any errors, omissions and change in price, prior sale, rent and withdrawal without notice. All information from sources reliable but not guaranteed. Photographs, videos, description and information about the properties reflect conditions at the time the information was obtained. We
Spacious 4-bedroom aparment for rent directly by owner, offering plenty of comfortable living space for a family. It is conveniently located near shops, schools, public transportation, and major roads. No broker fee. Please contact the owner to schedule a showing or for more information.
Discover an exceptional leasing opportunity at 27 Salem Street U:2L, a meticulously maintained residential property in Salem, MA. Constructed in 1920, this 900 square foot residence offers a sophisticated living experience. This refined dwelling features two generously proportioned bedrooms, providing ample private accommodations. The single full bathroom is thoughtfully appointed, ensuring
Great Studio Close to Griggs St Green Line StopThis Studio has an alcove for your bed.Enough room to spread outNo Scary Basement!!It Has a Dishwasher!!Heat and Hot Water IncludedNo Broker FeeOnly 1st and Last to Move In!!NO BROKER FEE!!
Now available—renovated 3-bedroom apartment in the heart of downtown Salem! Located at 10 Porter St Ct, this spacious unit is just minutes from downtown, Pickering Wharf, Palmer Cove Park, and the Salem MBTA station for easy commuting to Boston. Enjoy historic charm in this professionally managed building with a private deck, modern updates, and common laundry in the basement. Includes 1 parking
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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