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Salem, NJ Homes for Sale under $200,000

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  • /36

    $125,000

    $9K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    176 Griffith St, Salem, NJ 08079

    Price improvement! Buyers and Investors, if you're looking for your next rental or a new home, this exquisite Victorian-style residence, originally constructed in 1935 and meticulously renovated in 2025, presents a unique opportunity to experience a harmonious blend of historic charm and modern luxury. Nestled in the City of Salem. Homeowners, this is a great opportunity to own your own home

    Agent Photo

    Richard Clarke

    Fathom Realty NJ, LLC

    176 Griffith St, Salem, NJ 08079
  • /12

    $159,975

    • 4 Beds
    • 3 Baths
    • 1,832 Sq Ft

    309 Route, Salem, NJ 08079

    Unique opportunity for someone looking for affordable housing. The property is currently zoned commercial, offering a variety of possible uses subject to local zoning regulations. There may also be an opportunity to pursue rezoning or approvals for residential use, making this an attractive option for buyers looking to explore alternative uses for the property. Plenty of parking, privacy behind

    Agent Photo

    Mark Hebert

    RE/MAX Preferred - Sewell

    309 Route, Salem, NJ 08079
  • /2

    $170,000

    • Studio
    • 3,900 Sq Ft

    107 109 7th St, Salem, NJ 08079

    Investor Opportunity in Salem! Bring your vision and unlock the potential of this duplex located at 107-109 Seventh St, Salem, NJ. Offering two separate units, this property is a true blank slate and presents an excellent opportunity for an investor or experienced renovator looking for their next project.The property requires extensive rehabilitation, allowing the new owner to redesign

    Agent Photo

    Amy Sheldon

    EXP Realty, LLC

    107 109 7th St, Salem, NJ 08079
  • /10

    $144,000

    • 4 Beds
    • 2 Baths
    • 1,328 Sq Ft

    4 Belden St, Salem, NJ 08079

    Welcome to 4 Belden St, Salem, NJ — a well-maintained 4-bedroom, 2 full bathroom home offering strong rental potential and recent system updates for peace of mind. This property is currently tenant-occupied on a month-to-month lease with a Section 8 tenant, presenting a great opportunity for investors seeking an income-producing asset from day one. Property is being sold in AS-IS Condition. The

    Agent Photo

    Richard Clarke

    Fathom Realty NJ, LLC

    4 Belden St, Salem, NJ 08079
  • /32

    $119,000

    • 2 Beds
    • 1 Bath
    • 780 Sq Ft

    64 Union St, Salem, NJ 08079

    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

    64 Union St, Salem, NJ 08079
  • /14

    $79,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,316 Sq Ft

    79 Walnut St, Salem, NJ 08079

    Handy persons special! Excellent opportunity! This 3 bedroom twin home has lots of potential for the savvy investor. Fix up to live in, resell or rent out. Potential rent $1500- $1600 per month. Being sold as is. Schedule appt today!

    Anthony Morda Century 21 Town & Country Realty - Woodstown

    79 Walnut St, Salem, NJ 08079
  • /50

    $140,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,646 Sq Ft

    37 Olive St, Salem, NJ 08079

    Attention investors and savvy owner-occupants! This charming 3-bedroom single-family home is conveniently located in the heart of Salem City and is now vacant and ready for its next owner.Whether you're looking to expand your investment portfolio or purchase your first home, this property offers exceptional potential. Investors can renovate or refresh the home to maximize rental income at

    Carlo Drogo EXP Realty, LLC

    37 Olive St, Salem, NJ 08079
  • /8

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 1,080 Sq Ft

    109 Thompson St, Salem, NJ 08079

    Welcome to this charming detached home in Salem offering 3 bedrooms and 1.5 baths. This well-maintained property features a new roof, new mini-split heating and cooling system, and a new water heater for added comfort and peace of mind. The finished basement provides valuable additional living space, perfect for a family room, home office, gym, or recreation area. Whether you're looking for a

    Danielle Khairzada Century 21 Town & Country Realty - Woodstown

    109 Thompson St, Salem, NJ 08079
  • /2

    $12,500

    • Land
    • 3,920 Sq Ft
    • $138,889 per Acre

    0 Crossland Ave, Salem, NJ 08079

    Residential building lot

    John Melleady Peze & Associates

    0 Crossland Ave, Salem, NJ 08079
  • /7

    $190,000

    $35K PRICE DROP
    • Studio
    • 2,400 Sq Ft

    334 336 E Broadway, Salem, NJ 08079

    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 unit

    James Graham NJ Capital Realty LLC

    334 336 E Broadway, Salem, NJ 08079
  • /14

    $95,000

    • 4 Beds
    • 2 Baths
    • 2,080 Sq Ft

    49 Oak St, Salem, NJ 08079

    IN VESTORS... THIS IS THE OPPORTUNITY YOU'VE BEEN WAITING FOR! Don't miss your chance to own and transform a property in Salem, NJ! Whether you're a seasoned investor, flipper, landlord, or a buyer using a 203(k) Renovation Loan, this property is packed with potential and waiting for your vision.EXCLUSIVE INVESTOR WALKTHROUGH-Friday, August 14|5:00-7:00PM & Saturday, August 15|

    Yolanda Martin Garden State Properties Group - Merchantville

    49 Oak St, Salem, NJ 08079
  • /16

    $129,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths

    297 Keasbey St, Salem, NJ 08079

    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

    297 Keasbey St, Salem, NJ 08079
  • /3

    $99,900

    • Land
    • 24,829 Sq Ft
    • $175,263 per Acre

    15 Newell Rd, Salem, NJ 08079

    Clean slate for your new home!! Previous structure has been removed with all proper documentation.

    Richard Eber Keller Williams Hometown

    15 Newell Rd, Salem, NJ 08079
  • /2

    $130,000

    • 5 Beds
    • 2 Baths
    • 1,856 Sq Ft

    294 E Broadway, Salem, NJ 08079

    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

    294 E Broadway, Salem, NJ 08079
  • /17

    $150,000

    $45K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,795 Sq Ft

    210 Wesley St, Salem, NJ 08079

    REDUCED! Welcome to this updated, move-in ready, 3-bedroom, 1 full 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, entertain, or

    Darlene Bacon BHHS Fox & Roach-Vineland

    210 Wesley St, Salem, NJ 08079
  • /2

    $24,500

    • Land
    • 1 Acre
    • $24,500 per Acre

    0 Cross Rd Unit NJSA2019826, Salem, NJ 08079

    Wooded 1 acre lot in quiet residential area waiting for you to build your dream home, all construction & zoning permits required through Quinton Twp. Buyers' responsibility for Due Diligence, all zoning & construction permits to be obtained by the buyer at the buyers' expense. Area requires private septic & private well water. Listing Agent is Property Owner.

    Irene Carney Home and Heart Realty

    0 Cross Rd Unit NJSA2019826, Salem, NJ 08079
  • /30

    $199,900

    • 3 Beds
    • 1.5 Baths
    • 1,102 Sq Ft

    17 Acton Station Rd, Salem, NJ 08079

    This brick ranch style home has a 2 card detached garage and sits in a rural setting. This home features an enclosed side porch that provides access into the kitchen with a lot of cabinet space, there is a half bath off the kitchen. The dining area is open to the kitchen and spacious living room. There are 2 bedrooms with hardwood flooring and a full bathroom. The basement is unfinished.

    Michele Kelly S. Kelly Real Estate LLC

    17 Acton Station Rd, Salem, NJ 08079
  • /7

    $85,000

    $15K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,032 Sq Ft

    233 Sinnickson St, Salem, NJ 08079

    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 Keller Williams - Main Street

    233 Sinnickson St, Salem, NJ 08079
  • /3

    $39,900

    • 3 Beds
    • 1 Bath
    • 1,649 Sq Ft

    35 Eakin St, Salem, NJ 08079

    This property is a 2 story home located in Salem City. This home is in need of a full rehab. Located close to Main Street and the downtown area with local shopping and amenities.

    Michele Kelly S. Kelly Real Estate LLC

    35 Eakin St, Salem, NJ 08079
  • /23

    $84,999

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft

    41 Yorke St, Salem, NJ 08079

    Investor Opportunity in the heart of Salem! This tenant-occupied property offers immediate cash flow with a Section 8 tenant in place and a recently renewed lease, making it an excellent opportunity for both seasoned and first-time investors alike. Built in 1900, the home features spacious living areas, generously sized bedrooms, and plenty of original character throughout. Recent improvements

    Gina Scodella RE/MAX Revolution

    41 Yorke St, Salem, NJ 08079
  • /21

    $100,000

    $25K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,738 Sq Ft

    67 Walnut St, Salem, NJ 08079

    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

    67 Walnut St, Salem, NJ 08079
  • /3

    $85,000

    • Studio
    • 800 Sq Ft

    30 Davis Ave, Salem, NJ 08079

    30 Davis Ave presents a redevelopment or full-rehabilitation opportunity in Salem, NJ. The property is currently configured as a multi-unit property and was previously utilized as multiple residential units. Buyer is responsible for confirming zoning compliance, legal use, and permitted unit count with the municipality. Buyer is responsible for all inspections, certifications, municipal

    Bridget Papino The Thompson Realty Group LLC

    30 Davis Ave, Salem, NJ 08079
  • /11

    $160,000

    $30K PRICE DROP
    • Land
    • 8 Acres
    • $20,000 per Acre

    0 Cross Rd Unit NJSA2018238, Salem, NJ 08079

    NEW PRICE! 8 ACRES OF OPPORTUNITY IN QUINTON TOWNSHIP! Whether you're dreaming of building a custom home, creating a private country retreat, or exploring agricultural or recreational possibilities, this spacious property offers plenty of room to bring your vision to life.The approximately 8-acre parcel features cleared area that offers an a attractive location to explore for a future

    Lidia Leon Pino Agency

    0 Cross Rd Unit NJSA2018238, Salem, NJ 08079
  • /2

    $59,000

    • Land
    • 36.73 Acres
    • $1,606 per Acre

    12 Hawks Bridge Rd, Salem, NJ 08079

    Discover the rare opportunity to own your own private island a secluded 36.73-acre sportsman’s retreat nestled in the heart of Salem County. Located off Hawks Bridge Road in tranquil Mannington Township, this expansive recreational property is ideal for waterfowl, deer, and small game hunting, nature getaways, and off-grid adventures. Surrounded by pristine marshland and tidal creeks, the island

    Raleigh Lewis Weichert Realtors-Cherry Hill

    12 Hawks Bridge Rd, Salem, NJ 08079
  • /28

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,948 Sq Ft

    262 Morrison Ave, Salem, NJ 08079

    Welcome to this spacious brick ranch home that sits on a corner lot with an attached garage on the lower level. You enter into a foyer area with a large living room with a picture window and a fireplace, updated kitchen with white shaker style cabinets, dining room area, primary bedroom with primary bathroom, 2 additional bedrooms and full bathroom. Full basement offers a lot of potential.

    Michele Kelly S. Kelly Real Estate LLC

    262 Morrison Ave, Salem, NJ 08079
  • /29

    $177,500

    $38K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,380 Sq Ft

    44 Delaware Ave, Salem, NJ 08079

    BACK ON THE MARKET! This charming 2-bedroom, 1-bath home offers comfort, practicality, and plenty of outdoor space. Step inside to find easy-care vinyl plank flooring and an inviting enclosed front porch — perfect for morning coffee or relaxing evenings.The property boasts a large yard with an insulated shed which has its own separate electric meter, making it ideal for a workshop, hobby

    Jesse Hunt Weichert Realtors-Mullica Hill

    44 Delaware Ave, Salem, NJ 08079
  • /15

    $78,000

    • 3 Beds
    • 1 Bath
    • 1,214 Sq Ft

    12 Church St, Salem, NJ 08079

    Opportunity awaits an investor or first time home buyer! This 3 bedroom 1 full bath is an open canvas ready for your best ideas in fast growing Salem! The backyard has a large space for backyard activities and get togethers! Schedule an appointment today to view!

    Bradley Perez Real Broker, LLC

    12 Church St, Salem, NJ 08079
  • /7

    $85,000

    $15K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,156 Sq Ft

    235 Sinnickson St, Salem, NJ 08079

    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. Recently renovated. Currently tenant occupied at $1,450 per month, the property provides immediate cash flow and strong investment appeal.

    Allegra Lyndell Keller Williams - Main Street

    235 Sinnickson St, Salem, NJ 08079
  • /34

    $120,000

    $5K PRICE DROP Pre-Foreclosure
    • 3 Beds
    • 1 Bath
    • 1,176 Sq Ft

    14 Seventh St, Salem, NJ 08079

    Nestled in a charming neighborhood, this exquisite Colonial twin home, built in 1925, seamlessly blends timeless elegance with modern comfort. With 1,176 square feet of thoughtfully designed living space, this residence invites you to experience a lifestyle of warmth and sophistication. As you step inside, you are greeted by a cozy ambiance that radiates throughout the home. The spacious living

    Brooke Farruggella Keller Williams - Main Street

    14 Seventh St, Salem, NJ 08079
  • /18

    $177,000

    $33K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,473 Sq Ft

    78 Walnut St, Salem, NJ 08079

    Welcome to 78 Walnut Street, Salem, NJ, a spacious and versatile property offering exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living.If you’re searching for a home with space, interchangeable layout, and opportunity...this property is worth exploring.The home can be enjoyed as a five-bedroom, two-bathroom single-family

    JASMINE BRADLEY Hi-Level Real Estate LLC

    78 Walnut St, Salem, NJ 08079
  • /20

    $199,000

    • 3 Beds
    • 1.5 Baths
    • 1,952 Sq Ft

    39 Chestnut St, Salem, NJ 08079

    Welcome to 39 Chestnut Street, Salem City, NJ! This charming 3-bedroom, 1.5-bath home offers comfort, character, and a great opportunity for first-time buyers, downsizers, or investors. Relax on the inviting front porch, perfect for enjoying your morning coffee or unwinding in the evening.Inside, you'll find a functional layout with comfortable living spaces and plenty of natural light.

    Jennifer Derevlany Coldwell Banker Realty

    39 Chestnut St, Salem, NJ 08079
  • /20

    $70,000

    $5K PRICE DROP Pre-Foreclosure
    • 3 Beds
    • 1 Bath
    • 1,044 Sq Ft

    24 Elm St, Salem, NJ 08079

    Welcome to 24 Elm Street — an investor special and a great opportunity in the heart of Salem! This 3-bedroom, 1-bath home is being sold strictly as-is, making it ideal for investors or buyers looking for a value-add project with strong upside potential.The property offers a traditional, functional layout with comfortable living space and a natural flow throughout the main areas. It

    Allegra Lyndell Keller Williams - Main Street

    24 Elm St, Salem, NJ 08079
  • /2

    $70,000

    $15K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,380 Sq Ft

    100-102 Thompson St, Salem, NJ 08079

    2 units side by side duplex in need of a full renovation. Completely AS-IS

    Qadre' Lewis Weichert Realtors-Mullica Hill

    100-102 Thompson St, Salem, NJ 08079
  • /3

    $140,000

    • Studio
    • 1,644 Sq Ft

    159 Grant St, Salem, NJ 08079

    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 Keller Williams - Main Street

    159 Grant St, Salem, NJ 08079
  • /15

    $195,000

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    47 S 3rd St, Salem, NJ 08079

    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

    47 S 3rd St, Salem, NJ 08079
  • /2

    $199,000

    Pre-Foreclosure
    • 4 Beds
    • 1 Bath
    • 1,528 Sq Ft

    636 Salem Quinton Rd, Salem, NJ 08079

    Opportunity to own this 4-bedroom, 1-bath Cape Cod situated on a corner lot. Features include a detached 1-car garage, fenced yard, bonus second-floor living area, and a newer roof (2025) with a transferable solar lease. Boiler/radiator heat and central A/C (exterior condenser currently non-functional). Home offers solid bones with mostly cosmetic updates needed. Short sale subject to third-party

    ALONDRA PEGUEROS MENDEZ WEICHERT REALTORS

    636 Salem Quinton Rd, Salem, NJ 08079
  • /18

    $80,000

    • 2 Beds
    • 2 Baths
    • 840 Sq Ft

    2 New Bridge Rd Unit D10, Salem, NJ 08079

    Affordable Living in Green Valley Park!Welcome to this well-maintained 2010 single-wide mobile home located in the desirable Green Valley Park community. This home offers 2 bedrooms and 2 full bathrooms, providing a comfortable and functional layout for everyday living.Highlights Include: 2 spacious bedrooms - 2 full bathrooms - Newer roof (only 2 years old!) Open living and kitchen area

    Wendy Sparks EXP Realty, LLC

    2 New Bridge Rd Unit D10, Salem, NJ 08079
  • /25

    $175,000

    $25K PRICE DROP
    • Studio
    • 2,476 Sq Ft

    60 62 Walnut St, Salem, NJ 08079

    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,

    Allegra Lyndell Keller Williams - Main Street

    60 62 Walnut St, Salem, NJ 08079
  • /4

    $160,000

    $15K PRICE DROP
    • Studio
    • 2,023 Sq Ft

    376 E Broadway, Salem, NJ 08079

    Property is currently rented. 3 Bedroom 1 Bath -$1450 Section 8// Studio -$600// Tenants are responsible for Electric. Currently M2M and tenants would like to stay. This property is as is and buyers are responsible for CO

    James Fisher Homestarr Realty

    376 E Broadway, Salem, NJ 08079
  • /24

    $190,000

    $5K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,552 Sq Ft

    223 Johnson St, Salem, NJ 08079

    Welcome home to 223 Johnson Street!This beautifully updated 3-bedroom, 2.5-bath home is move-in ready and waiting for its new owners!Step inside to find brand-new luxury vinyl flooring throughout and an abundance of natural light pouring in through the many windows. To the left, you’ll be greeted by a spacious living room overlooking the front of the home, which flows seamlessly

    Shaun Hammond Keller Williams Realty - Cherry Hill

    223 Johnson St, Salem, NJ 08079

Showing Results 1 - 40, Page 1 of 2

Home Price Trends

Median Sale Price
$168,000
Median Single Family Sale Price
$166,000
Median Townhouse Sale Price
$177,000
Median 2 Bedroom Sale Price
$116,500
Average Price Per Sq Ft
$106
Number of Homes for Sale
35
Last 12 months Home Sales
84
Months of Supply
5.00
Median List Price
$175,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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