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Salem Multifamily Homes & Duplexes for Sale

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  • /47

    $285,000

    • Studio
    • 2,816 Sq Ft

    43 45 Chestnut St, Salem, NJ 08079

    INVESTOR ALLERT !! INCOME PROPERTY !Fully Remodeled Side-by-Side Duplex – Smart Investment or Ideal Multi-Generational Living home to this beautifully remodeled (2022) side-by-side duplex that seamlessly combines modern updates with classic charm. Each unit offers 4 spacious bedrooms, 1 full bath, and 1,850 square feet of living space—providing plenty of room for everyone.This property has

    Agent Photo

    Heather Bosco

    Keller Williams Hometown

    (609) 928-8243

    43 45 Chestnut St, Salem, NJ 08079
  • /29

    $250,000

    • Studio
    • 2,072 Sq Ft

    39 Oak St, Salem, NJ 08079

    Cash flowing 2 family in Salem NJ. This renovated duplex offers a turnkey investment opportunity with paying tenants in place. Unit A- 3 beds 1 bath paying $1525/month, Unit B- 4 beds 1 bath paying $1725/month. $3,250 in gross rent with low expenses. Management in place to truly make this a turnkey investment.

    Jasmin Elalfy NJ Elite Group, LLC

    39 Oak St, Salem, NJ 08079
  • /16

    $259,000

    • Studio
    • 2,172 Sq Ft

    83 Union St & 56 Olive, Salem, NJ 08079

    Welcome to 83 Union & 56 Olive – A Rare Investment Opportunity!This unique offering includes two duplexes on one parcel, effectively giving you a quadplex with strong income potential. All units are currently occupied by long-term tenants, providing immediate cash flow with plenty of room for future upside.56 Olive features one 1-bedroom unit and one 2-bedroom unit.83 Union

    John Rinick Prime Realty Partners

    83 Union St & 56 Olive, Salem, NJ 08079
  • /30

    $170,000

    • Studio
    • 2,841 Sq Ft

    77 W Broadway, Salem, NJ 08079

    ** Investment Opportunity – Duplex for Sale!** **77 W Broadway, Salem, NJ 08079****Investors, this is the one you've been waiting for!** The only thing being required right now by the Salem Historical Society is the new shutters be installed and the seller will have that done by 7/11/25. This **duplex** located in the heart of historic Salem, offers solid potential and key

    Richard Clarke Exit Homestead Realty Professi

    77 W Broadway, Salem, NJ 08079
  • /2

    $135,000

    • Studio
    • 2,870 Sq Ft

    287 E Broadway, Salem, NJ 08079

    Welcome to growing Salem City. Looking for a project?? This 3 Apartment unit in need of your imagination. This triplex is being sold as is and all due diligence, certificates is the responsibility of the buyer.

    Ivan Kiyatkin BHHS Fox & Roach-Marlton

    287 E Broadway, Salem, NJ 08079
  • /2

    $1

    • 5 Beds
    • 2 Baths

    91 8th St, Salem, NJ 08079

    Occupied Duplex in Salem City, please visit auction.com for more information.

    Edward Augsberger COASTAL ELITE REALTY

    91 8th St, Salem, NJ 08079

Why Live in Salem

Salem in Mannington, New Jersey, is a historic community nestled along the Salem River, featuring a diverse range of housing options from duplexes and old Victorian homes to newer traditional styles. Homes typically range from 1,000 to 2,000 square feet and were built between 1910 and 1950, sitting on smaller lots that foster a strong sense of community. Residents often enjoy strolls on shaded sidewalks and simple, easy-to-maintain landscaping. Local schools include John Fenwick Elementary, Salem Middle School, and Salem High School, all of which have favorable student-teacher ratios and various extracurricular activities. Outdoor enthusiasts can explore Supawna Meadows Wildlife Refuge, which spans 2,800 acres and offers trails, wildlife viewing, and hunting and fishing opportunities. Fort Mott State Park provides additional recreational options with its shoreline paths, ferry rides, and historical World War I fort. Dining options in Salem include Pats Pizza & Bistro, Ella's Mama Mia's Restaurant and Pizzeria, and the retro-style Salem Oak Diner. For shopping, Downtown Salem and Fenwick Plaza offer a variety of boutiques and local murals, while the Salem Historic District features 44 buildings on the National Register of Historic Places, including the Old Salem County Courthouse and the First Presbyterian Church.

Home Trends in Salem, NJ

Housing Trends

Median Sale Price
$162,000
Median Single Family Sale Price
$165,000
Median Townhouse Sale Price
$205,000
Median 2 Bedroom Sale Price
$106,750
Average Price Per Sq Ft
$99
Number of Homes for Sale
24
Last 12 months Home Sales
66
Months of Supply
4.40
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
35%
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