Multifamily

Salem, NJ Multifamily Properties for Sale

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18 properties
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7-Unit Apartment Building with Garage
Updated: Jul 17
7-Unit Apartment Building with Garage

126-134A ROUTE 45, Mannington, NJ 08079

$785,000
11,400 sqft 3.97 AC lot
7 residential units with four 2‑bedroom, two 3‑bedroom, and one 4‑bedroom units
11,400 square feet on 3.97 acres
100% occupancy from 2022 through 2026
Parking for 8+ vehicles with driveway and off‑street parking
Oversized 4+ car garage
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Two-Unit Victorian Duplex
Updated: Sep 25
Two-Unit Victorian Duplex

87-89 W BROADWAY, Salem, NJ 08079

$169,000
3,152 sqft 0.20 AC lot
Two residences, each with 2 bedrooms, 1 full bath, and 1 half bath
3,152 square feet on a 0.1964‑acre parcel
Built in 1880 with Victorian style and masonry construction
Forced‑air heating, basement, and driveway parking
As‑is sale; buyer handles certificate of occupancy and town certificates
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Two-Unit Duplex
Two-Unit Duplex

118-120 HUBBELL Avenue, Salem, NJ 08001

$130,000
2,363 sqft 0.07 AC lot

Two three-bedroom residences offer separate occupancy, with one leased and the other vacant.

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6-Unit Apartment Building
6-Unit Apartment Building

126 126-134a Route 45, Mannington, NJ 08079

$785,000
11,400 sqft

Residential unit mix includes two- and three-bedroom layouts, with off-street parking and garage storage.

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4-Unit Multifamily Building
4-Unit Multifamily Building

315-317 E BROADWAY, Salem, NJ 08079

$190,000
5,645 sqft 0.31 AC lot

A substantial brick-and-stucco property includes basement space and on-street parking.

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Brick Victorian Duplex
Brick Victorian Duplex

107-109 7TH Street, Salem, NJ 08079

$170,000
3,900 sqft 0.12 AC lot

Two separate units create a substantial rehabilitation project for cash buyers seeking a residential income property.

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3-Unit Triplex
3-Unit Triplex

59 MARKET Street, Salem, NJ 08079

$225,000
3,437 sqft 0.28 AC lot

The three apartments have a varied bedroom mix, and occupants pay electric through separate meters.

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4-Unit Multifamily Property
4-Unit Multifamily Property

315-317 E BROADWAY, Salem, NJ 08079

$190,000
5,645 sqft

The downtown Salem, New Jersey property offers a four-unit residential configuration.

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3-Unit Residential Triplex
3-Unit Residential Triplex

91 EIGHTH Street, Salem, NJ 08079

$79,900
2,324 sqft 0.16 AC lot

Three residential units, each offering two bedrooms and one bathroom, with on-street parking.

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7-Unit Apartment Building
7-Unit Apartment Building

128 128-134a Route 45, Mannington, NJ 08079

$785,000
1,924 sqft

Multi-family rental property with full reported occupancy and a Route 45 address in Mannington.

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Four-Unit Downtown Quadplex
Four-Unit Downtown Quadplex

315 E Broadway, Salem, NJ 08079

$190,000
5,645 sqft

Historic multifamily building with four residential units in downtown Salem, New Jersey.

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Rehabilitation Duplex with New Main Roof
Rehabilitation Duplex with New Main Roof

107-109 7TH ST, Salem, NJ 08079

$170,000
3,900 sqft

Two separate units require extensive rehabilitation and are offered strictly AS-IS.

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Two-Unit Duplex with New Main Roof
Two-Unit Duplex with New Main Roof

107 Seventh St, Salem, NJ 08079

$170,000
3,900 sqft

Two separate units require extensive rehabilitation and are offered strictly AS-IS.

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Duplex with Studio Unit
Duplex with Studio Unit

376 E Broadway, Salem, NJ 08079

$160,000
2,023 sqft

Rented duplex featuring a three-bedroom unit and a studio, offered in as-is condition.

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Updated Duplex
Updated Duplex

334-336 E BROADWAY, Salem, NJ 08079

$190,000
2,400 sqft

Two-unit residential property with updated major mechanical and electrical systems.

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Three-Unit Residential Property
Three-Unit Residential Property

91 EIGHTH STREET, Salem, NJ 08079

$79,900
2,324 sqft

Each residence is configured with two bedrooms and one bathroom.

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Six-Unit Residential Income Property
Six-Unit Residential Income Property

82 W Broadway, Salem, NJ 08079

$799,000

Six apartments with 1, 2, 3, and 4-bedroom units, four with recent renovations, four currently rented.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

59 MARKET STREET, Salem, NJ 08079

$225,000

Unit mix includes two one-bedroom residences and one three-bedroom residence with separate electric metering.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Salem, NJ, we suggest to view alternatives - similar 12 Off-Market properties to explore as potential leads.

Off-Market Properties in Salem, NJ

Consider similar Off-Market properties in Salem, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

56 Acton Sta Rd
APARTMENT HOUSE (UNDER 5 UNITS)

56 Acton Sta Rd, Mannington, NJ 08079-3905

Estimated value:
$155,000
1,447 sqft 1.20 AC lot
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312 Broadway
APARTMENT HOUSE (UNDER 5 UNITS)

312 Broadway, Salem, NJ 08079-1103

Estimated value:
$205,000
0.13 AC lot
View details
115 Broadway
APARTMENT HOUSE (UNDER 5 UNITS)

115 Broadway, Salem, NJ 08079-1327

Estimated value:
$450,000
0.21 AC lot
View details
124 Yorke St
APARTMENT HOUSE (UNDER 5 UNITS)

124 Yorke St, Salem, NJ 08079-1268

Estimated value:
$5,170,000
9.17 AC lot
View details
82 Broadway
APARTMENT HOUSE (UNDER 5 UNITS)

82 Broadway, Salem, NJ 08079-1332

Estimated value:
$330,000
6,606 sqft 0.65 AC lot
View details
11 Hillcrest Ter
APARTMENT HOUSE (UNDER 5 UNITS)

11 Hillcrest Ter, Salem, NJ 08079-1224

Estimated value:
$280,000
1,278 sqft 0.35 AC lot
View details

Salem, NJ Multifamily Properties Market Trends and Statistics

Explore 30 multifamily properties for sale in Salem, NJ, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 71,382 square feet of properties for sale, with an estimated market value of $5,492,800.

Sale prices for multifamily properties in Salem, NJ start at $79,900, averaging $305,155, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 7
Apartment buildings 4
Triplexes 4
Quadplexes 3

Demographics Overview

Population 11K
Population Growth (5Y) +5.9%
Median Household Income $60,375
College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08079 $219K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem County

New Delisted

Total CRE Inventory on Market (SF)

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