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Salem, NJ Multifamily Homes & Duplexes for Sale

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  • 59 Market St, Salem, NJ 08079
    59 Market St, Salem, NJ 08079
    59 Market St, Salem, NJ 08079
    /10

    $250,000

    • Studio
    • 3,437 Sq Ft

    59 Market St, Salem, NJ 08079

    Great tri-plex in Salem. Three units with long-term tenants, all CO's in place, LBP inspections are current. Two of the units are one bedroom/one bathroom, and one unit has three bedrooms with one full bathroom, one half bathroom. Tenants pay electric on seperate meters. Tenants will need ample notice for showings. All prospective buyers will need to provide proof of funds or an updated

    Richard Eber Keller Williams Hometown

    59 Market St, Salem, NJ 08079
  • 330 332 E Broadway, Salem, NJ 08079
    330 332 E Broadway, Salem, NJ 08079
    330 332 E Broadway, Salem, NJ 08079
    /68

    $249,900

    • Studio
    • 3,688 Sq Ft

    330 332 E Broadway, Salem, NJ 08079

    Welcome to 330-332 E Broadway in Salem. Offered here for the first time in over 50 years!. This home was very well maintained by its long time owner. The home sports many classic features such as 9' ceilings and hardwood floors that lend to a classic period of days gone by. One unit is pretty much turn key and is ready to be rented out. It boasts plenty of space, a freshly painted interior, tile

    GERARD MCMANUS Keller Williams Realty - Washington Township

    330 332 E Broadway, Salem, NJ 08079
  • 287 E Broadway, Salem, NJ 08079
    287 E 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 2 Apartment unit in need of your imagination. Property sold AS IS : buyer to be responsible for any and all inspections and certifications.

    Ivan Kiyatkin BHHS Fox & Roach-Marlton

    287 E Broadway, Salem, NJ 08079
  • 57 Route 45 Unit 57A, Salem, NJ 08079
    57 Route 45 Unit 57A, Salem, NJ 08079
    57 Route 45 Unit 57A, Salem, NJ 08079
    /8

    $50,000

    • Studio
    • 1,116 Sq Ft

    57 Route 45 Unit 57A, Salem, NJ 08079

    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

    John Rinick Prime Realty Partners

    57 Route 45 Unit 57A, Salem, NJ 08079
  • 385 387 E Broadway, Salem, NJ 08079
    385 387 E Broadway, Salem, NJ 08079
    385 387 E Broadway, Salem, NJ 08079
    /17

    $225,000

    • Studio
    • 3,126 Sq Ft

    385 387 E Broadway, Salem, NJ 08079

    Investor Alert – Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income.Property Highlights: Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1

    Christine Boysen Vylla Home

    385 387 E Broadway, Salem, NJ 08079
  • 91 8th St, Salem, NJ 08079
    91 8th St, Salem, NJ 08079
    /2

    $115,000

    • 5 Beds
    • 2 Baths

    91 8th St, Salem, NJ 08079

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

    Edward Augsberger COASTAL ELITE REALTY

    91 8th St, Salem, NJ 08079
New Jersey Salem County Salem

Multi-Family Homes & Duplexes for Sale in Salem, NJ

Why Live in Salem

Salem, New Jersey, is a historic riverfront community surrounded by the Salem River. The area features a diverse range of housing options, from duplexes and Victorian homes to newer traditional styles, with properties typically built between 1910 and 1950. These homes often sit on smaller lots, fostering a strong sense of community among residents who enjoy shaded sidewalks and easy-to-maintain landscaping. Salem schools are highly rated, with small class sizes and various extracurricular activities such as the National Honor Society, STEM club, and yearbook club. For outdoor enthusiasts, Supawna Meadows Wildlife Refuge offers 2,800 acres of trails, wildlife, and recreational opportunities, making it an important stop for migrating birds. Fort Mott State Park provides historical exploration and seasonal activities like sledding and cross-country skiing, with picnic areas and playgrounds enjoyed in warmer months. Dining options in Salem include Pats Pizza & Bistro, known for its family-friendly atmosphere and Italian classics, Ella's Mama Mia's Restaurant and Pizzeria, which serves homemade Italian dishes, and the retro-styled Salem Oak Diner, housed in an old Sterling Streamliner car. Shopping and historical exploration are abundant in Downtown Salem and the Salem Historic District, which features 44 buildings listed on the National Register of Historic Places, including the Old Salem County Courthouse and the First Presbyterian Church built in 1856. With its rich history, diverse housing, and various recreational and dining features, Salem offers a unique living experience.

Learn more about living in Salem

Home Trends in Salem, NJ

On average, homes in Salem, NJ sell after 66 days on the market compared to the national average of 53 days. The median sale price for homes in Salem, NJ over the last 12 months is $160,500, up 24% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$160,500
Median Single Family Sale Price
$172,500
Median Townhouse Sale Price
$155,000
Median 2 Bedroom Sale Price
$118,000
Average Price Per Sq Ft
$104
Number of Homes for Sale
25
Last 12 months Home Sales
80
Months of Supply
3.80
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%
How to Buy a Home How to Finance a Home How to Sell a Home

In Salem, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $50,000 to $250,000, there's a range to accomodate every budget. As of December, 2025 the median home price in Salem is $165,000, while the average sale price is $162,906, offering insights into the local housing market. On average, multi-family homes spend 66 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to 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 considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Salem, NJ.

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