Salem City Schools Homes under $500,000

Salem City Schools Homes under $500,000

Welcome to Salem City Schools, where education meets community in the heart of Salem, New Jersey. Nestled within Salem County, this vibrant school district is dedicated to fostering academic excellence and personal growth among its diverse student population. With a commitment to innovative teaching methods and a supportive learning environment, Salem City Schools provide students with the skills they need to thrive in a rapidly changing world.

The district offers a range of educational opportunities, from early childhood programs to high school, ensuring that every child receives a strong foundation. With a focus on individualized instruction, small class sizes, and dedicated educators, students are encouraged to explore their interests and reach their full potential. Extracurricular activities, including sports, arts, and community service, further enrich the educational experience, helping students develop essential life skills and lasting friendships.

For families considering a move to this charming area, you'll be pleased to know that there are beautiful homes available for under $500,000. Whether you’re looking for a cozy single-family home or a spacious townhouse, Salem offers a variety of options that cater to different lifestyles and budgets. The community is known for its welcoming atmosphere and close-knit neighborhoods, making it an ideal place for families to settle down.

Living in Salem means being part of a community that values education and invests in its future. With Salem City Schools at the forefront of this mission, you can feel confident that your children will receive a top-notch education while enjoying the comforts of home in this picturesque New Jersey town. Come explore the possibilities that await you in Salem!

Newest Salem City Schools Homes under $500,000

1 Hires Ave, Salem
$195,000
Exceptional opportunity to acquire 1-3 Hires Ave, offering multiple income-producing commercial and residential spaces in the heart of Salem's established downtown business district. Unlock the potential of this well-maintained brick multi-unit property offering both residential income and commercial flexibility. Perfect for investors and business owners, this property features two distinct units designed to maximize opportunity. The second-floor residential unit offers a comfortable 2-bedroom layout that is filled with charm and on the lower level, the commercial space is ready for your vision but is currently being utilized as a bakery. Whether you're looking to expand your investment portfolio or establish your business while collecting rental income, this property delivers flexibility, functionality, and strong potential in a convenient Carneys Point location. Endless possibilities await—don’t miss this unique mixed-use opportunity!

1 Hires Ave, Salem

Listing courtesy of Pino Agency. Contact:

24 Elm St, Salem
$65,000
3 Beds ⋅ 1 Baths
Discover the incredible upside potential waiting inside this detached Salem rancher. Offering 3 well-sized bedrooms, 1 full bathroom, and a spacious living and dining area combo, the structural bones provide an effortless natural flow. The exterior features a newer roof and solid siding, meaning you can focus your renovation budget entirely on customizing the interior to your exact taste. Selling strictly as-is, this property is the perfect match for a savvy contractor or local portfolio builder looking for a solid foundation to generate premium rental income or future resale value. Conveniently located near major commuting routes and community schools. Properties with this much built-in equity do not last—bring your hammer and seize this project today!

24 Elm St, Salem

Listing courtesy of Prime Realty Partners. Contact:

118-120 Hubbell Ave, Salem
$130,000
Priced to sell! Great opportunity to own a duplex at 118-120 Hubbell Ave. Each side offers a 3 bedrooms, 1 bath unit. Unit 120 is tenant-occupied on a yearly lease. Unit 118 is in need of some TLC! Perfect for an investor looking to add to their portfolio, or an owner-occupant who wants to live on one side and let the other help cover the mortgage. Photos of Unit 118 are not available at this time. Unit 120 shows with advance notice to the tenants; Unit 118 is vacant and available by appointment.

118-120 Hubbell Ave, Salem

Listing courtesy of Keller Williams Realty. Contact:

50 Walnut St, Salem
$235,000
5 Beds ⋅ 3 Baths
Welcome home to 50 Walnut St, Salem! This spacious 5-bedroom, 2.5-bath home is truly move-in ready and features HUGE bedrooms with plenty of space for everyone! Enjoy the flexibility of off-street parking right in front of the house, or pull around to the back entrance and park directly into your 3 car your garage! As you enter the home you will notice sunlight pouring in through oversized windows, highlighting beautiful new porcelain tile flooring throughout. The kitchen features dark wood cabinetry paired with stainless steel appliances - perfect for cooking and entertaining! Head toward the back of the home to find a convenient laundry room that has a utility sink and folding table, plus a full bathroom with a shower and a relaxing jacuzzi tub! This home also has a brand new roof and a new boiler! Step outside to a fully fenced-in backyard offering privacy and space to unwind. The oversized 3-car garage is a standout, with additional storage space upstairs for all your extra belongings! Close to I-295 for easy commute and within a short walking distance of the Amazing BNS Deli and other local favorites, Bravos Pizza, Pats Pizza, and Welcome Chinese! Schedule an appointment to view today!!

50 Walnut St, Salem

Listing courtesy of Real Broker, LLC. Contact:

369 E Broadway, Salem
$195,000
3 Beds ⋅ 2 Baths
MOVE-IN READY AND EXTENSIVELY UPDATED! Welcome to this beautifully refreshed home featuring an impressive list of recent improvements completed as of August 2026. From major mechanical systems to stylish interior updates, much of the work has already been done for you. Inside, you’ll find fresh paint throughout, new flooring, newer windows, and newly remodeled bathrooms. The renovated kitchen offers a fresh, modern feel and is equipped with a stove, refrigerator, microwave and dishwasher. Additional updates include a brand-new HVAC system, water heater, electrical, plumbing, and gas systems, providing important upgrades for today's homeowner. The home also includes a new washer and dryer, adding even more convenience. Outside, enjoy the newly installed privacy fence in the backyard, creating a more private setting for relaxing, entertaining, or enjoying outdoor space. With extensive updates throughout, this property offers the opportunity to purchase a home where many of the major improvements have already been completed. Whether you're a first-time buyer, looking for a move-in-ready home, or simply want a property with extensive recent updates, this one is worth a look. Schedule your private showing today!

369 E Broadway, Salem

Listing courtesy of Weichert Realtors-Mullica Hill. Contact:

87 W Broadway, Salem
$169,000
Welcome to a versatile property featuring two separate units, each offering 2 bedrooms, 1 full bath, and 1 half bath. With a total of four bedrooms and four bathrooms, the property provides a functional layout with flexibility for rental income, owner occupancy, or a combination of both. Each unit offers its own living space, creating excellent potential for a variety of uses and investment strategies. Conveniently located in Salem with access to local shopping, dining, transportation, and major roadways, this property combines functionality and income potential. Two units, four bedrooms, and multiple bathrooms create plenty of possibilities. Explore the potential and discover what this property has to offer! As-is Sale, Buyer is responsible for CO/Town Certificates. Some photos are virtually enhanced.

87 W Broadway, Salem

Listing courtesy of EXP Realty, LLC. Contact:

15 Plasket Ave, Salem
$258,000
4 Beds ⋅ 3 Baths
Welcome to 15 Plaskett Avenue a home with space to spread out, the convenience of one floor living, and the solid feel of classic brick construction. This spacious ranch offers 4 bedrooms, 2½ baths and approximately 1,658 square feet of comfortable living space. Step inside to generous room sizes, hardwood floors and a large living room anchored by a classic brick fireplace and filled with natural light. Four bedrooms offer plenty of flexibility for family, guests, a home office or hobby space, while the primary bedroom enjoys the privacy of its own bath. Downstairs, the huge full basement offers another level of possibilities storage, workshop, home gym, recreation space or simply room to grow. Outside, enjoy the tree-lined property, attached garage and timeless brick exterior. A new roof and conversion to natural gas take care of two important big ticket improvements. Space, comfort and a great neighborhood, come see what 15 Plaskett Avenue has to offer.

15 Plasket Ave, Salem

Listing courtesy of RE/MAX Preferred - Mullica Hill. Contact:

4 Walnut St, Salem
$228,995
4 Beds ⋅ 2 Baths
USDA AREA, qualified for 0% down , call us about special financing. Welcome to 4 Walnut- private corner lot - Brand new SS appliances - Quartz tops - Luxury Vinyl Planks throughout - EE hit hat lighting - New roof and siding - 6 panel solid doors - Buying agent friendly. Easy access, Go and Show anytime. 20 minutes from Christiana Mall!

4 Walnut St, Salem

Listing courtesy of Tesla Realty Group LLC. Contact:

no property photo
$350,000
4 Beds ⋅ 2 Baths

32 Olive St, Salem

Listing courtesy of Barragan Realty LLC. Contact:

178 Griffith, Salem
$95,000
4 Beds ⋅ 1 Baths
Investor opportunity in Salem. This spacious 4-bedroom home offers over 2,200 sq. ft. and plenty of potential for renovation and added value. This property is ideal for investors, contractors, or buyers ready to bring their vision to life. Property is being sold strictly AS-IS. Seller will make no repairs or remove any remaining items from the property. Buyer is responsible for all inspections, certifications, and due diligence. Cash or renovation financing preferred. Bring your vision and make this one your next project.

178 Griffith, Salem

Listing courtesy of Real Broker, LLC. Contact:

120 Thompson St, Salem
$125,000
3 Beds ⋅ 1 Baths
Welcome to 120 Thompson Street in Salem, New Jersey! This spacious three-bedroom, one-bath home offers plenty of room and great potential for its next owner. With a large interior and generously sized rooms, the home provides a comfortable layout with flexibility for everyday living, entertaining, or creating dedicated office and hobby spaces.

120 Thompson St, Salem

Listing courtesy of Coldwell Banker Realty. Contact:

26 Seventh St, Salem
$125,000
3 Beds ⋅ 1 Baths
Welcome to 26 7th St in Salem, NJ! This recently cosmetically updated 3-bedroom, 1-bathroom home offers a great opportunity for both homeowners and investors alike. The home features a refreshed interior with updates that give the property a clean, inviting feel while maintaining plenty of potential for you to make it your own. With three bedrooms and a functional layout, there is ample space for comfortable everyday living. For investors, the property also offers attractive rental potential, with HUD rental data indicating approximately $1,750 per month for a 3-bedroom home in the area; buyers should verify current rents and program requirements independently. Whether you're looking for an affordable place to call home or an income-producing property, 26 7th St is worth a look.

26 Seventh St, Salem

Listing courtesy of Keller Williams - Main Street. Contact:

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