Vacant and Bank owned properties Salem, NJ

Code violations, distress properties in Salem, NJ

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Graphic Bar of total deals, pre-foreclosure, probate, tax delinquent in Salem, NJ

Pre-Foreclosed

1

Lis pendens has been filed (before auction).

Salem is ranked #4 in New Jersey

For Sale With Equity

33

Properties For Sale with at least 30% equity.

Salem is ranked #19 in New Jersey

Probate

130

The owner is deceased and the will is in process.

Salem is ranked #12 in New Jersey

Tax Delinquent

1,515

Tax have been delinquent for more than a year.

Salem is ranked #20 in New Jersey

Tired Landlords

0

Multi-unit owners who have more than four years in title.

Salem is ranked #3 in New Jersey

Short Sales

3

Upside-down property, where the debt is greater than the market value.

Salem is ranked #19 in New Jersey

Bank Owned

145

Property is no longer redeemable, the bank owns it.

Salem is ranked #15 in New Jersey

Auctions

1

Pre-foreclosed property that's going to auction in the next few months.

Salem is ranked #1 in New Jersey

Repairs For Sale

74

Properties for sale that need repairs.

Salem is ranked #19 in New Jersey

Vacant Property

0

Vacant and abandoned properties.

Salem is ranked #1 in New Jersey

Sold property

912

Properties sold last 12 months.

Salem is ranked #23 in New Jersey

For sale

159

Properties for sale.

Salem is ranked #27 in New Jersey

United States, New Jersey, Salem
Total Deals 1,902

Single family properties has decrease in value -5% since last year, from $179,489 to $171,429. The average time that a Single Family property takes to sale is about 232.27 days. The time that will take to sell the inventory is 5.74 months.


Condominium properties has increase in value 11% since last year, from $200,000 to $225,000. The average time that a Condominium property takes to sale is about 621.33 days. The time that will take to sell the inventory is 1.20 months.