Salem, NJ Homes for Sale under $200,000

Welcome to 183 E. Broadway #C-27, a beautifully upgraded 2-bedroom, 1-bath condo offering modern comfort in Salem, NJ. Original project started in 2015 but this specific unit was newly completed in January 2023, making it less than three years old and featuring premium high-end upgrades throughout. The kitchen showcases top-level finishes including Chestnut Shaker-style cabinetry, Black Galaxy

Derek Doernbach Century 21 Action Plus Realty - Northfield

DO NOT BE ALARMED! Don't worry, you didn't step into a time machine, seeing that price for a home in this condition you could have confused what year you are in. Yes your patience paid off and now you can buy this 3 bed 1 bath recently refreshed home in sunny Salem CIty NJ. Put this high on the list I expect it to go quick. The seller holds a real estate license.

David Ralic Society

“Second chance opportunity! Back on the market due to buyer financing issues—no fault of the home. Welcome to this beautifully renovated four-bedroom, one-bath home located in Salem, New Jersey. This move-in-ready property has been fully updated from top to bottom, featuring a brand-new kitchen with new appliances, stylish cabinetry, and modern finishes. Enjoy peace of mind with a new roof, new

Jennifer Derevlany Coldwell Banker Realty

Reduced! Welcome to this beautifully updated, move-in ready, 3-bedroom, 1-bath property offering 1,795 sq ft of comfortable living space. From the moment you step inside, you’ll notice the fresh flooring that flows throughout the home, giving it a clean and modern feel. The first floor layout includes a living room, dining room, kitchen and laundry room, providing plenty of room to relax,

Darlene Bacon BHHS Fox & Roach-Vineland

!!A fantastic starter home or beach rental has just hit the market!! This beautifully updated property was refreshed just 4 years ago when the current seller purchased it. Enjoy total peace of mind with a 4-year-old roof , 4-year-old septic system , and a brand-new electric panel installed in 2024 . The well and HVAC system have been well maintained and are in excellent working condition. From

Joseph Battaglia Keller Williams Prime Realty

Welcome to 112 8th Street — one of the most affordable opportunities to own in town. This newly renovated twin offers the perfect alternative to rising rental costs, giving you the chance to build equity instead of paying rent. Step inside to a spacious living area that flows seamlessly into a bright eat-in kitchen, creating a comfortable layout for everyday living and entertaining. The home

John Rinick Prime Realty Partners

Great for Investors as well as owner-occupants! 97 Chestnut features 2 bedrooms and 1 full bathroom, with a bonus room and bedroom on the 3rd floor. offering excellent potential for investors or owner-occupants alike. This home offers a traditional layout with spacious living areas and strong structural potential, making it a great opportunity for cosmetic updates and added value. With room to

Allegra Lyndell Society

Welcome to this turn-key 3-bedroom, 1-bath single-family home presenting a solid investment opportunity with a functional layout and updated spaces. The main level offers plenty of living space, an updated kitchen, and a separate laundry room. Upstairs, you will find three spacious bedrooms and a full bathroom. The unfinished basement provides additional storage space, while the large side yard

Rachel Parsons Tesla Realty Group LLC

Welcome home to 6 Olive Street Salem! This beautiful 3 bedroom 2 full bathroom is ready for you to move in! As you enter this home you will notice new vinyl plank flooring throughout leading you into the spacious living room that has plenty of windows for natural lighting! Once you enter the kitchen you will see all new cabinetry and brand new stainless steel appliances! There is a New Fridge,

Bradley Perez Real Broker, LLC

Investor opportunity in Salem City! This 2-bedroom property is tenant-occupied, generating $1,320 per month, with a reliable renter under lease through November 1st. A great addition for anyone looking to expand a rental portfolio in the Salem area. Reach out today to get updates on an upcoming investor group tour being planned for access to view this single family home in Salem City!

Carlo Drogo EXP Realty, LLC

This charming 3-bedroom home offers the perfect blend of classic character and modern updates. Step inside to find a beautifully updated kitchen featuring contemporary finishes, ample cabinet space, and sleek countertops—ideal for both everyday living and entertaining. The renovated bathroom adds a fresh, stylish touch with modern fixtures and thoughtful design.The home features three

Yalcin Kucuk HomeSmart First Advantage Realty

Investor Alert - Positioned in the heart of Salem, this income producing duplex offers immediate cash flow with both units currently occupied-step into ownership with this Income Producing Asset. The property has been maintained where it matters most. Major mechanical and electrical systems were updated, giving you a solid operational foundation reducing near=term capital expenses. One Sec. 8

James Graham NJ Capital Realty LLC

Investor Special! Fixer-upper single-family home on a rare double lot (60x125) with R-2 zoning. Huge value-add potential for rehab, expansion, or redevelopment. Ideal opportunity for investors or developers seeking strong upside and solid returns. Key location access to major markets like Philadelphia, New York City, Baltimore, and DC, supported by key highways (NJ Turnpike, I-295, US-40), making

Jonathan Jimenez Cardona Keller Williams City Views Realty

Investor special with immediate income potential! This spacious property features 5 bedrooms and 2 full bathrooms, offering plenty of room and strong rental appeal.The home is tenant-occupied, providing the opportunity for instant cash flow from day one. With its size and layout, this property is well-suited for long-term rental or value-add improvements to maximize returns.Conveniently

Jennifer Derevlany Coldwell Banker Realty

Welcome to 23 Yorke Street If you’ve been renting in the Salem area, this is your sign to stop paying your landlord’s mortgage and start building your own equity. A newly renovated 4-bedroom rental in Salem City will likely cost you more per month than owning this home. Why rent when you can own for less? This fully renovated 4-bedroom home is offered for under $150,000 — an incredible

John Rinick Prime Realty Partners

Charming residential home located in the heart of Salem offering a great opportunity for homeowners or investors alike. This well-positioned property features a functional layout with comfortable living spaces, private entrance, and additional basement storage space for convenience. Currently tenant occupied at $800 per month, providing immediate rental income potential for investors looking to

Allegra Lyndell Society

Opportunity awaits at this 2-story Salem City home being sold as-is with contents included. Whether you are an investor, a buyer looking to build equity, or someone seeking a project with massive potential, this property delivers square footage and flexibility at an accessible price point.The home features 3 bedrooms, 1.5 bathrooms, a full basement, and a partially finished attic that offers

Scott Kompa EXP Realty, LLC

Welcome to 235 Sinnickson St, a well-maintained residential property located in the heart of Salem. This home offers a practical and inviting layout with spacious living areas, making it a great fit for homeowners or investors seeking steady rental income. Currently tenant occupied at $1,450 per month, the property provides immediate cash flow and strong investment appeal. Additional features

Allegra Lyndell Society

INVESTMENT OPPORTUNITY - This property offers strong potential for investors looking to add to their portfolio, renovate and resell, or create long-term rental income. Property is currently tenant occupied, with Unit A rented out for $1,200 per month and unit B rented out for $1,000, making this an attractive opportunity for cash flow-focused investors. Being sold strictly as-is, buyers are

Austin Wuest Society

Looking for a starter home or something to add to your investment portfolio? Take look at this Cute & Cozy 3-Bedroom Home in Salem, NJ Welcome to this charming and cozy 3-bedroom, 1-bathroom home nestled in the heart of Salem, one of New Jersey’s most historic and welcoming communities. This lovely home features 1 full bathroom, an updated kitchen with modern touches, and central air for

LaFonda Richardson-Clark Weichert Realtors - Moorestown

Prime investment opportunity in the heart of Salem! This side-by-side duplex at 256–258 Sinnickson St offers two generously sized units, each with strong income potential and versatility for both investors and owner-occupants alike. Recently renovated throughout, both units showcase modern upgrades, updated finishes, and are completely move-in ready. Each side features a practical layout with its

Allegra Lyndell Society

Attention investors, builders, and value-add buyers — opportunity awaits in Salem! This multi-family duplex property includes 2 separate units with a total of 6 bedrooms and 2 full bathrooms across two separately deeded lots being sold together. Whether you're looking to renovate and hold, create strong rental cash flow, or reposition the property for future resale potential, this property offers

Allegra Lyndell Society

Priced to Sell.Expansive three-story, 5-bedroom, 3-bath home offering tremendous potential for renovation and equity growth. Ideal for investors, contractors, or buyers looking to customize a large home to their vision. Features include 9-foot ceilings, dual staircases, rocking chair front porch, eat-in kitchen, main-level laundry, and generous basement storage. Fully fenced yard with

Stefanie Reis Keller Williams Realty - Wildwood Crest

Beautifully updated 3 bedroom, 1 bath Cape featuring modern finishes throughout. The first floor offers durable vinyl flooring, while the second level boasts brand new carpeting. Freshly painted throughout, offering a bright and refreshed interior. The remodeled kitchen showcases stainless steel appliances, quartz countertops, and a stylish subway tile backsplash. The updated bathroom includes a

Gabrielle Abrams Realty Mark Advantage

Turnkey duplex opportunity in the heart of Salem with strong income-producing potential! 60–62 Walnut Street features two spacious units, each offering 3 bedrooms and 1 full bathroom, making this an ideal setup for investors or owner-occupants looking to offset living expenses with rental income. This well-maintained multi-family property offers updated interiors, generous living space, and

Allegra Lyndell Society

Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartments—a 3-bedroom, 1-bath and a 2-bedroom, 1-bath.The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible

Jennifer Derevlany Coldwell Banker Realty