Salem, NJ Multifamily Properties for Sale

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19 properties

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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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Updated: Aug 24

Brick Victorian Duplex

107-109 7TH Street, Salem, NJ 08079

$170,000

3,900 sqft 0.12 AC lot

Two‑unit duplex at 107‑109 7th Street, Salem, NJ 08079
3,900 square feet on a 0.1175‑acre lot
Brick construction with Victorian architectural style
Built in 1920
New main roof installed; front and rear porch roofs require attention

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Rented Residential Income Duplex

376 E BROADWAY, Salem, NJ 08079

$160,000

2,023 sqft 0.15 AC lot

Residential income duplex currently rented with 3-bedroom and studio units, with tenants paying electric.

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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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2-Unit Duplex with Basement

159-161 GRANT Street, Salem, NJ 08079

$140,000

1,644 sqft 0.09 AC lot

Two separately deeded lots support a residential income property with basement storage and ongoing septic improvements.

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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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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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Two-Unit Duplex with New Main Roof

107 7TH STREET, 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 Basement

159-161 Grant Street, Salem, NJ 08079

$140,000

1,644 sqft

Two separately deeded lots contain six bedrooms, two full bathrooms, and a basement for storage or utility use.

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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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Three-Unit Residential Property

371 East Broadway, Salem, NJ 08079

$240,000

3,440 sqft

Residential income property with two occupied units, a four-bedroom unit, and an as-is sale condition.

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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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Multifamily Rehabilitation Property

30 DAVIS AVE, Salem, NJ 08079

$85,000

800 sqft

Existing multi-unit configuration with a prior residential use and rehabilitation or redevelopment scope.

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Three-Unit Multifamily Property

59 Market St, Salem, NJ 08079

$225,000

3,437 sqft

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

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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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Two-Unit Duplex Property

287 East Broadway, Salem, NJ 08079

$135,000

2,870 sqft

Residentially zoned duplex offered in its current condition, with buyer responsibility for inspections and certifications.

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Mixed-Use Building with Storefronts

196 E Broadway, Salem, NJ 08079

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8,870 sqft

Mixed-use property combines residential apartments with ground-floor commercial storefronts.

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Move-In Ready Duplex

Salem, NJ 08079

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Two residential units offer flexible owner-occupant or rental use with outdoor space, storage, and parking.

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Historic Duplex with Mixed-Use Zoning

3739 Market St, Salem, NJ 08079

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Side-by-side townhouses support office or residential use under one deed and tax bill.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 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.

APARTMENT HOUSE (UNDER 5 UNITS)

56 Acton Sta Rd, Mannington, NJ 08079-3905

$155,000

Estimated value

1,447 sqft 1.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

312 Broadway, Salem, NJ 08079-1103

$205,000

Estimated value

0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

115 Broadway, Salem, NJ 08079-1327

$450,000

Estimated value

0.21 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

124 Yorke St, Salem, NJ 08079-1268

$5,170,000

Estimated value

9.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

82 Broadway, Salem, NJ 08079-1332

$330,000

Estimated value

6,606 sqft 0.65 AC lot

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Salem, NJ Multifamily Properties Market Trends and Statistics

Explore 31 multifamily properties for sale in Salem, NJ, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 68,820 square feet of properties for sale, with an estimated market value of $5,139,000.

Sale prices for multifamily properties in Salem, NJ start at $85,000, averaging $321,187, 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

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	$272.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem County

New Delisted

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