Salem, NJ Multifamily Properties for Sale

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Updated: Jun 23

Victorian Duplex for Residential Income

87-89 W BROADWAY, Salem, NJ 08079

$180,000

3,152 sqft 0.20 AC lot

Historic Victorian‑style home built in 1880 with masonry construction
Forced‑air heating and driveway parking
Spacious layout with basement included
Over 3,100 sq ft of living space
Located at 87 W Broadway on a recognizable street in Salem

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Updated: Jun 16

Four-Unit Multifamily Property

315-317 E BROADWAY, Salem, NJ 08079

$190,000

5,645 sqft 0.31 AC lot

4‑unit multifamily in downtown Salem City, NJ
Over 5,500+ sq ft, offering space to design an optimum floorplan
Built in 1900 with Colonial architectural style
Brick and stucco construction
On‑street parking

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Seven-Unit Multi-Family Building

128-134A ROUTE 45, Mannington, NJ 08079

$785,000

1,924 sqft

Well-maintained seven-unit multi-family property with reported 100% occupancy from 2022 through 2026.

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Rented Multifamily Income Duplex

376 E BROADWAY, Salem, NJ 08079

$175,000

2,023 sqft 0.15 AC lot

Duplex with a 3-bedroom and a studio, both currently rented on month-to-month terms.

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Salem Triplex with Long-Term Tenants

59 MARKET Street, Salem, NJ 08079

$225,000

3,437 sqft 0.28 AC lot

Triplex in Salem with long-term tenants and separate electric meters.

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Duplex with Full Basement

159-161 GRANT Street, Salem, NJ 08079

$140,000

1,644 sqft 0.09 AC lot

Two-unit duplex offers 6 bedrooms and 2 full bathrooms, with a full basement and septic improvements underway.

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Three-Unit Triplex Investment

371 E BROADWAY, Salem, NJ 08079

$185,000

3,440 sqft 0.17 AC lot

As-is three-unit triplex with two rented units and one vacancy, with buyer responsible for Certificate of Occupancy.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 7 Active listings in Salem, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Duplex with Two Full Baths

94 E PITTSFIELD Street, Pennsville, NJ 08070

$420,000

3,076 sqft 2.95 AC lot

Updated duplex with separate unit interiors, shared outdoor space, and driveway parking for multiple vehicles.

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Versatile Duplex in Pennsville, NJ

26-28 MAIN Street, Pennsville, NJ 08070

$295,000

2,513 sqft 0.32 AC lot

Duplex with rental income potential and multi-generational living arrangement.

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Well-Maintained Duplex with Side Yard

600 HOMESTEAD Road, Wilmington, DE 19805

$260,000

1,575 sqft 0.19 AC lot

Duplex offers two separate units with individual utilities and garages, supporting owner-occupant and rental use.

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Historic Wilmington Apartment Building Opportunity

703 North West Street, Wilmington, DE 19801

$499,900

3,150 sqft

Historic building with redevelopment potential in Wilmington's Downtown Development District.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888

2,660 sqft 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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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

Value Estimation by Request

1,447 sqft 1.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

312 Broadway, Salem, NJ 08079-1103

Value Estimation by Request

0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

115 Broadway, Salem, NJ 08079-1327

Value Estimation by Request

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

Value Estimation by Request

6,606 sqft 0.65 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

11 Hillcrest Ter, Salem, NJ 08079-1224

Value Estimation by Request

1,278 sqft 0.35 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

259 Broadway, Salem, NJ 08079-1124

Value Estimation by Request

0.30 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

66th Ward St, Salem, NJ 08079-1005

Value Estimation by Request

0.21 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

183 Chestnut St, Salem, NJ 08079-1652

Value Estimation by Request

9.00 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6th E, Salem, NJ 08079

Unit S

Value Estimation by Request

0.75 AC lot

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Multifamily properties

260 Grant St, Salem, NJ 08079

Value Estimation by Request

1,454 sqft

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Multifamily properties

230-232 Grant St, Salem, NJ 08079

Value Estimation by Request

3,170 sqft

View details

Salem, NJ Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Salem, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,341 square feet of properties for sale, with an estimated market value of $1,095,000.

Sale prices for multifamily properties in Salem, NJ start at $140,000, averaging $182,500, and reaching up to $225,000 — 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	$276.3K

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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Salem, NJ Multifamily Properties for Sale

87-89 W BROADWAY, Salem, NJ 08079

315-317 E BROADWAY, Salem, NJ 08079

128-134A ROUTE 45, Mannington, NJ 08079

376 E BROADWAY, Salem, NJ 08079

59 MARKET Street, Salem, NJ 08079

159-161 GRANT Street, Salem, NJ 08079

371 E BROADWAY, Salem, NJ 08079

Opportunities in Nearby Cities

94 E PITTSFIELD Street, Pennsville, NJ 08070

26-28 MAIN Street, Pennsville, NJ 08070

600 HOMESTEAD Road, Wilmington, DE 19805

703 North West Street, Wilmington, DE 19801

Potential Development Sites for Consideration

250 Big Hill Pass, Scotrun, PA 18355

107 HOWARD Street, La Plata, MD 20646

69 Martense Street, Brooklyn, NY 11226

14 E 32nd Street lot: 13, Brooklyn, NY 11226

Off-Market Properties in Salem, NJ

56 Acton Sta Rd, Mannington, NJ 08079-3905

312 Broadway, Salem, NJ 08079-1103

115 Broadway, Salem, NJ 08079-1327

124 Yorke St, Salem, NJ 08079-1268

82 Broadway, Salem, NJ 08079-1332

11 Hillcrest Ter, Salem, NJ 08079-1224

259 Broadway, Salem, NJ 08079-1124

66th Ward St, Salem, NJ 08079-1005

183 Chestnut St, Salem, NJ 08079-1652

6th E, Salem, NJ 08079

260 Grant St, Salem, NJ 08079

230-232 Grant St, Salem, NJ 08079

Salem, NJ Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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