$285,000
- Studio
- 2,816 Sq Ft
43 45 Chestnut St, Salem, NJ 08079
Heather Bosco
Keller Williams Hometown
(609) 928-8243
6
Salem Multifamily Homes & Duplexes for Sale
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43 45 Chestnut St, Salem, NJ 08079
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Explore Salem
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$250,000
- Studio
- 2,072 Sq Ft
39 Oak St, Salem, NJ 08079
39 Oak St, Salem, NJ 08079Jasmin Elalfy NJ Elite Group, LLC
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$259,000
- Studio
- 2,172 Sq Ft
83 Union St & 56 Olive, Salem, NJ 08079
83 Union St & 56 Olive, Salem, NJ 08079John Rinick Prime Realty Partners
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$170,000
- Studio
- 2,841 Sq Ft
77 W Broadway, Salem, NJ 08079
77 W Broadway, Salem, NJ 08079Richard Clarke Exit Homestead Realty Professi
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$135,000
- Studio
- 2,870 Sq Ft
287 E Broadway, Salem, NJ 08079
287 E Broadway, Salem, NJ 08079Ivan Kiyatkin BHHS Fox & Roach-Marlton
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$1
- 5 Beds
- 2 Baths
91 8th St, Salem, NJ 08079
91 8th St, Salem, NJ 08079Edward Augsberger COASTAL ELITE REALTY
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
On average, homes in Salem, Mannington sell after 68 days on the market compared to the national average of 52 days. The median sale price for homes in Salem, Mannington over the last 12 months is $162,000, up 38% from the median home sale price over the previous 12 months.
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
68
Months of Supply
4.20
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
38%
In Salem, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1 to $285,000, there's something for every budget. As of September, 2025 the median home price in Salem, Mannington is $165,000, while the average sale price is $158,588, providing insight into local market trends. On average, multi-family homes spend 68 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Salem, Mannington.
Salem Types of Homes for Sale
More About Living in Salem
Homes in Nearby Neighborhoods
Homes in Nearby Cities
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