City Owned Property

Available for sale by pre-approved developers

Developer Application (updated April 2026)

5/7 21 ward st Salem 2026 BDA Map (PDF)
5/12 31 WARD ST R-2 51,900 VACANT LOT Salem 2026 BDA Map (PDF)
5/13 33 WARD ST R-2 25,300 VACANT LOT Salem 2026 BDA Map (PDF)
5/14 35 WARD ST R-2 8,400 GARAGE Salem 2026 BDA Map (PDF)
6/5 4 WARD ST R-2 22,200 VACANT LOT Salem 2026 BDA Map (PDF)
6/22 12 WARD ST R-2 36,100 HOUSE FORECLOSURE Salem 2026 BDA Map (PDF)
6/25 ward st Salem 2026 BDA Map (PDF)
6/28 36 ward st Salem 2026 BDA Map (PDF)
6/28.01 34 ward st Salem 2026 BDA Map (PDF)
6/29 38 ward st Salem 2026 BDA Map (PDF)
6/30 40 ward st Salem 2026 BDA Map (PDF)
6/31 40 1/2 ward st Salem 2026 BDA Map (PDF)
13/46 142-144 W BROADWAY C-1 160,000 STOREFRONT Package 4: commercial and mixed use developers only
13/47 146 W BROADWAY C-1 100,500 STOREFRONT
13/48 148 W BROADWAY C-1 67,600 STOREFRONT
13/52 113-115-117-119 MARKET ST C-1 410,300 former Salem CAFÉ
14/9 198 PLEDGER ST M-2 2,500 VACANT LOT Research before able to sell
14/10 200 PLEDGER ST M-2 2,500 HOUSE OUTSIDE LIEN
26/3 322 GRANT ST Package 5: Seek special developer; waterfront property; includes former church building
26/6 320 GRANT ST
26/7 GRANT ST REAR
26/8 GRANT ST REAR
26/9 GRANT ST REAR
26/11 322 GRANT ST C-2 46,000 VACANT LOT
48/7 61 W BROADWAY R-2 12,300 VACANT LOT historic area
57/5 5 NEW MARKET ST C-1 31,700 N/A package 1: for major development
57/9 15 NEW MARKET ST
57/14 159 W BROADWAY C-1 48,800 STOREFRONT commercial or mixed use developers only (former restaurant)
57/18 151-153 WEST BROADWAY C-1 11,800 STOREFRONT commercial or mixed use developers only
57.01/6 9-11-13 NEW MARKET ST C-1 12,300 COMMUNITY GARDEN package 1: for major development
57.01/10 17 NEW MARKET ST C-1 330,000 old ADMINISTRATIVE BUILDING package 1: for major development
57.01/11 21 NEW MARKET ST C-1 11,300 VACANT LOT package 1: for major development
57.01/12 25 NEW MARKET ST C-1 9,500 FACTORY package 1: for major development
59/2 127 W BROADWAY C-1 144,100 package 2: commercial building; good condition
62/7 243 & 245 E BROADWAY C-1 18,300 half of DUPLEX & lot
62/8 247 E BROADWAY C-1 12,500 lot SHPO APP REQUIRED
62/11 255-257 E BROADWAY C-1 84,500 duplex SHPO APP REQUIRED
65/25 309 E BROADWAY RLC 19,500 HOUSE SHPO APP REQUIRED
69/1 345 E BROADWAY R-2 75,200 multiplex
113/16 170 CHESTNUT ST R-1 18,500 HOUSE former candy store? CONDEMNED
120/11 KENT ST R-2 7,800 VACANT LAND buildable lot

All city owned properties

As of April 1, 2026

BLK/LOT ADDRESS ZONING ASSESMENT DESCRIPTION SALES STATUS
1/2 HANCOCK ST unavailable for purchase; lots will be combined
1/4 HANCOCK ST M-2 30,000 NOT SELLABLE VACANT LAND
1/4.01 HANCOCK ST-RIPARIAN GRANT M-2 13,600 VACANT LAND
1/8 MARKET ST RLC 14,400 Log cabin by the tracks on Market HISTORIC
1/17 FIFTH ST Sell to County for Rail or Perdomo as part of the deal?
2/1 21 FIFTH ST Sell to County for Rail or Perdomo as part of the deal?
2/2 10 FIFTH ST Sell to County for Rail or Perdomo as part of the deal?
2/4 hancock st properties not found on tax map; under review
2/6 HOWELL ST properties not found on tax map; under review
2/7 HOWELL ST properties not found on tax map; under review
4/1.01 GRIFFITH ST M-2 28,700 RIPARIAN Needs planner review
5/1 FIFTH & WARD ST R-2 10,100 VACANT LOT odd polygon shape
5/2 7 WARD ST R-2 1,700 VACANT LOT NOT BUILDABLE Train tracks for through it
5/7 21 ward st
5/12 31 WARD ST R-2 51,900 VACANT LOT Package 3: Ward St.
5/13 33 WARD ST R-2 25,300 VACANT LOT
5/14 35 WARD ST R-2 8,400 GARAGE
5/15 43 WARD ST R-2 20,900 VACANT LOT brownfield – tanks
5/17 GRIFFITH ST C-1 9,900 unavailable for purchase
5/20 26 fifth st consider offering to county or Perdomo or cand 5th and Hancock be a park
5/21 28 fifth st
5/22 FIFTH ST
5/25 FIFTH ST R-2 8,700
5/26 44 fifth st R-2 8,700 VACANT LOT under contract
5/27 46 FIFTH ST R-2 8,700 VACANT LOT
5/28 48 FIFTH ST R-2 6,500 VACANT LOT
6/1 HOWELL ST & WARD ST MAYBE PARKING LOT
6/5 4 WARD ST R-2 22,200 VACANT LOT Package 3: Ward St.
6/16 57 MARKET ST RLC 75,200 HOUSE sold at auction
6/22 12 WARD ST R-2 36,100 HOUSE FORECLOSURE Package 3: Ward St.
6/25 ward st
6/28 36 ward st
6/28.01 34 ward st
6/29 38 ward st
6/30 40 ward st
6/31 40 1/2 ward st
7/11 1 FRONT ST M-2 33,000 MINI PARK
11/2 20 n third st WATER TOWER OPERATED BY AMERICAN WATER
12/3 75 FIFTH ST C-1 146,300 FIRE HOUSE unavailable for purchase
12/16 116 W BROADWAY C-1 91,100 LIBRARY unavailable for purchase; brownfield
12/18 112 W BROADWAY C-1 162,200 LIBRARY unavailable for purchase
13/46 142-144 W BROADWAY C-1 160,000 STOREFRONT Package 4: commercial and mixed use developers only
13/47 146 W BROADWAY C-1 100,500 STOREFRONT
13/48 148 W BROADWAY C-1 67,600 STOREFRONT
13/52 113-115-117-119 MARKET ST C-1 410,300 CAFÉ
13/63 101 MARKET STREET RLC 33,000 MLK PARK unavailable for purchase
14/1 MARKET ST M-2 18,400 PARK unavailable for purchase
14/5 MARKET ST RLC 6,600 ALLEY unavailable for purchase
14/6 HUBBELL AVE & PLEDGER ST M-2 28,100 VACANT LOT Park? Fishing? Near train tracks
14/9 198 PLEDGER ST M-2 2,500 VACANT LOT Research before able to sell
14/10 200 PLEDGER ST M-2 2,500 HOUSE OUTSIDE LIEN
16/2 HOGANS LANE RLC 10,300 ALLEY non conforming; offer to neighbor
16/5 SMITHS LANE RLC 6,900 ALLEY non conforming; offer to neighbor
16/41 SMITHS LANE RLC 9,600 VACANT LOT non conforming; offer to neighbor
17/15 HUBBELL AVE M-1 15,600 PARK & BASKETBALL COURT unavailable for purchase
20/12 EIGHTH STREET 12 R-1 800 VACANT LOT wetlands
20/13 EIGHTH STREET 12 R-1 300 VACANT LOT wetlands
26/1 GRANT ST R-1 22,200 VACANT LOT wetlands
26/3 322 GRANT ST Package 5: Seek special developer; waterfront property; includes former church building
26/6 320 GRANT ST
26/7 GRANT ST REAR
26/8 GRANT ST REAR
26/9 GRANT ST REAR
26/11 322 GRANT ST C-2 46,000 VACANT LOT
27/12 192-194 E BROADWAY C-1 30,000 VACANT LOT land bank area; reserved for developers that go through Cumberland County Improvement Authority process
27/42.01 205 GRANT STREET R-2 123,400 AMBULANCE unavailable for purchase
27/45.01 166 E BROADWAY RLC 151,600 FIRE HOUSE MUSEUM unavailable for purchase
28/5 222 E BROADWAY C-1 109,500 STOREFRONT under contract
28/18 252 E BROADWAY C-1 7,600 VACANT LOT under contract
28/58 155-157 GRANT ST R-2 9,200 EASEMENT LOT unavailable for purchase
39/17 N UNION ST R-1 21,400 VACANT LOT land bank area; reserved for developers that go through Cumberland County Improvement Authority process
39/21 N UNION ST land bank area; reserved for developers that go through Cumberland County Improvement Authority process
39/25 KEASBEY ST R-2 33,000 DITCH unavailable for purchase; wetlands
39/26 237 KEASBEY ST R-2 18,000 PUMPHOUSE unavailable for purchase
39/29 KEASBEY ST R-2 13,100 VACANT LOT needs review from planner
39/30 481 KEASBEY ST R-2 14,400 VACANT LOT occupied with cars! Planner review
39/40 KEASBEY ST REAR R-2 57,800 DITCH Keasbey Creek Tributatary
41/13 352-354 E BROADWAY R-2 108,100 former mechanic GARAGE Brownfield!
42/23 361 KEASBEY ST R-2 6,500 HOUSE OUTSIDE LIEN review for purchase
42/27 394 E BROADWAY C-2 12,200 VACANT LOT review for purchase
42/29 386-388 E BROADWAY C-2 7,700 VACANT LOT review for purchase
42/35 E BROADWAY C-2 11,300 FIREHOUSE PARKING unavailable for purchase
42/36 374 E BROADWAY C-2 66,000 FIREHOUSE unavailable for purchase
42/41 E BROADWAY REAR C-2 12,000 FIREHOUSE PARKING unavailable for purchase
43/1 400 KEASBEY ST R-2 254,600 VACANT LOT for waterfront development only
43/7 KEASBEY ST & GRANT ST R-2 20,100 NEW RED BRIDGE PARK plan to convert to park
44/5 354 KEASBEY ST R-2 6,800 VACANT LOT non conforming; offer to neighbor?
44/15 ROE AVE transferred to school district
44/25 4 ROE AVE R-2 8,400 VACANT LOT transferred to school district
44/29 ROE AVE R-2 9,700 VACANT LOT transferred to school district
45/2 E BROADWAY R-2 82,000 WATER tower unavailable for purchase
45/3.01 E BROADWAY R-2 33,800 BILLBOARD unavailable for purchase
46/1.A W BDWY-LEASE DATE 9-15-93
46/3 TILBURY RD M-2 26,700 AMERICAN WATER unavailable for purchase
46/5 GRIEVES PARKWAY M-2 33,200 AMERICAN WATER unavailable for purchase
46/10 S FRONT ST-LEASE  9-15-93 M-2 42,800 VACANT LAND MUDDIGGER DITCH unavailable for purchase
46/11.01 GRIEVES PKY M-2 51,900 SEWAGE DISPOSAL unavailable for purchase
46.01/2 CARPENTER ST R-2 22,000 VACANT LOT
46.02/2 CARPENTER ST R-2 22,000 PLAYGROUND unavailable for purchase
47/2 TILBURY RD M-2 76,100 LANDFILL unavailable for purchase
47/3 TILBURY RD M-2 59,900 LANDFILL unavailable for purchase
47/3.01 TILBURY ROAD M-2 16,500 PARK unavailable for purchase
47/4 TILBURY RD M-1 200,000 DUMP unavailable for purchase
48/7 61 W BROADWAY R-2 12,300 VACANT LOT historic area
48/10 67 W BROADWAY R-2 31,700 HOUSE under sales contract
49/2 75 HEDGE ST 1ST REAR R-2 23,800 HOUSE small house available
49/9 69 1/2 CARPENTER ST R-2 19,500 HOUSE awaiting closing from 2025 auction
50/2 75 CARPENTER ST R-2 26,700 HOUSE awaiting closing from 2025 auction
50/12 74 THOMPSON ST R-2 33,400 HOUSE Reserved for Choice Neighborhood
57/4 1 NEW MARKET ST c-1 201,700 MUNICIPAL BUILDING unavailable for purchase
57/5 5 NEW MARKET ST C-1 31,700 N/A package 1: for major development
57/9 15 NEW MARKET ST
57/14 159 W BROADWAY C-1 48,800 STOREFRONT commercial or mixed use developers only (former restaurant)
57/18 151-153 WEST BROADWAY C-1 11,800 STOREFRONT commercial or mixed use developers only
57/19 BROWNS ALLEY does not show up on tax map
57.01/2.01 5 HIRES AVE C-1 17,700 parking lot unavailable for purchase
57.01/6 9-11-13 NEW MARKET ST C-1 12,300 COMMUNITY GARDEN package 1: for major development
57.01/10 17 NEW MARKET ST C-1 330,000 old ADMINISTRATIVE BUILDING package 1: for major development
57.01/11 21 NEW MARKET ST C-1 11,300 VACANT LOT package 1: for major development
57.01/12 25 NEW MARKET ST C-1 9,500 FACTORY package 1: for major development
59/1 129 W BDWY-MUN BLDG ANNEX C-1 192,000 ADMINISTRATIVE BUILDING Police Building
59/1.01 129 WEST BROADWAY REAR C-1 16,200 PARKING LOT unavailable for purchase
59/2 127 W BROADWAY C-1 144,100 package 2: commercial building; good condition
59/3 125 WEST BROADWAY C-1 481,600 ADMINISTRATIVE BUILDING unavailable for purchase; municipal building
59/9 CHESTNUT STREET R-1 9,600 PARKING LOT unavailable for purchase
61/5 197-199 E BROADWAY FENWICK PLAZA LOT unavailable for purchase
61/19 5 WALNUT ST SMALL LOT BY BNS MARKET unavailable for purchase
61/19.01
61.01/7.01 HIRES AVE parking lot unavailable for purchase; small triangle lot
61/01/19.02 HIRES AVE unavailable for purchase; small triangle lot
62/7 243 & 245 E BROADWAY C-1 18,300 half of DUPLEX & lot
62/8 247 E BROADWAY C-1 12,500 lot SHPO APP REQUIRED
62/11 255-257 E BROADWAY C-1 84,500 duplex SHPO APP REQUIRED
62/12 259 E BROADWAY C-1 220,600 HOUSE under contract
62/14 E BROADWAY C-1 9,300 VACANT LOT Lot next to 261 not found on tax map
62/23 20 WALNUT ST C-1 7,800 VACANT LOT land bank area
62/38 200 CHURCH ST C-1 13,000 VACANT LOT land bank area
63/1 21 WALNUT STREET C-1 348,500 UNION unavailable for purchase; firehouse
64/30 222 WESLEY ST R-2 8,100 VACANT LOT Sell Wesley St properties as a group to developers
65/22 270-272 WESLEY ST R-2 4,600 VACANT LOT Sell Wesley St properties as a group to developers
65/25 309 E BROADWAY RLC 19,500 HOUSE SHPO APP REQUIRED
66/4 WESLEY ST R-2 7,800 VACANT LOT STABILIZATION ZONE
66/5 257 WESLEY ST R-2 7,700 HOUSE CONDEMNED STABILIZATION ZONE
66/10 248 SINNICKSON ST R-2 15,000 HOUSE CONDEMNED STABILIZATION ZONE
66/15 273 WESLEY ST R-2 1,200 HOUSE CONDEMNED STABILIZATION ZONE
66/16 275 WESLEY ST R-2 1,100 HOUSE FIRE DAMAGE STABILIZATION ZONE
66/20 281-283 WESLEY ST R-2 8,700 HOUSE CONDEMNED STABILIZATION ZONE
66/21 285 WESLEY ST R-2 7,500 HOUSE CONDEMNED STABILIZATION ZONE
66/22 15 OLIVE ST R-2 3,900 VACANT LOT reserved
66/25 277-279 WESLEY ST R-2 7,100 VACANT LOT STABILIZATION ZONE
66/26 255 WESLEY ST R-2 6,900 HALF OF 66/5 STABILIZATION ZONE
67/5 28-30 EAKIN ST R-2 3,000 VACANT LOT land bank area
67/14 SMITH ST R-2 1,300 ALLEY
67/15 SMITH ST R-2 10,600 ALLEY
67/17 25 OLIVE ST R-2 16,400 HOUSE land bank area
68/12 10 OLIVE ST R-2 33,200 HOUSE land bank area
68/28 OLIVE ST R-2 2,600 VACANT LOT land bank area
68/38 47 UNION ST R-2 12,200 HOUSE BOARDED land bank area
68/39 49 UNION ST R-2 8,000 VACANT LOT land bank area
68/40 UNION ST R-2 3,000 VACANT LOT land bank area
68/41 UNION ST R-2 3,000 VACANT LOT land bank area
68/47 77 UNION ST R-2 35,000 VACANT LAND land bank area
69/1 345 E BROADWAY R-2 75,200 multiplex
69/10 6 UNION ST R-2 52,800 HOUSE land bank area
69/17 34 & 36 UNION ST R-2 63,400 VACANT LOT land bank area
69/21 52 UNION ST land bank area
69/22 UNION ST R-2 3,800 VACANT LOT land bank area
69/26 68 UNION ST R-2 3,600 VACANT LOT land bank area
69/28 13 ELM ST condemned land bank area
69/29 ELM ST under contract with Habitat for Humanity reserved
69/30 19 ELM ST R-2 7,900 under contract with Habitat for Humanity reserved
69/32 23 ELM ST R-2 31,300 under contract with Habitat for Humanity reserved
69/33 25 elm  st condemned land bank area
69/38 39 ELM ST land bank area
69/39 41 ELM ST land bank area
69/50 73 ELM ST R-2 9,900 VACANT LOT land bank area
72/49 YORKE ST R-2 6,300 land bank area
75/9 152 YORKE ST R-1 192,600 COMMERCIAL BUILDING under contract
75/10 YORKE ST R-1 15,300 54×320 land bank area
75/16 GLEN RIDGE AVE R-1 13,400 HOUSE? 75×16 lot behind house
76/18 OAK ST R-1 42,700 VACANT LAND wetlands’ tributary?
78/2 OAK ST R-1 29,600 VACANT LAND wetlands’ tributary?
78/16 CHESTNUT ST R-1 13,100 VACANT LAND
78/17 CHESTNUT ST R-1 16,800 VACANT LAND wetlands’ tributary?
80/7 NORTHEAST DR R-1 17,800 N/A wetlands’ tributary
81/24 SMITH ST R-1 5,600 VACANT LAND offer to neighbor; 17×36
82/13 203 WESLEY ST R-2 37,100 vacant lot
82/29 47 WALNUT ST R-2 61,800 HOUSE sold – unavailable
84/2 200 SINNICKSON ST R-2 6,300 VACANT LAND Stabalization Zone
84/19 234 SINNICKSON ST R-2 24,900 DUPLEX CONDEMNED Stabalization Zone
84/20 236 SINNICKSON ST R-2 17,000 DUPLEX CONDEMNED Stabalization Zone
84/23 211 WESLEY ST R-2 8,400 VACANT LOT Stabalization Zone
85/13 220 SMITH ST R-2 8,200 VACANT LOT land bank area
86/1.01 WALNUT ST R-1 306,800 TRACK unavailable for purchase
86/9 219 SMITH ST R-2 900 VACANT LOT offer to neighbor; non conforming
86/19 49 OLIVE ST R-2 16,400 HOUSE CONDEMNED land bank area
86/21 45 OLIVE ST land bank area
86/22 43 OLIVE ST land bank area
86/25 OLIVE ST R-1 11,000 VACANT LAND goes through Union St
87/3 87 UNION ST land bank area
87/4 91-93 UNION ST land bank area
87/12 86 UNION ST & 363 MAGNOLIA land bank area
87/16 83 ELM ST R-2 12,900 VACANT LAND offer to nieghbor first
87/28 MAGNOLIA ST R-1 58,000 VACANT LAND wetlands?
87/30 W END OF ELM & UNION STS R-1 250,000 VACANT LAND Green area by Elm St Park
88/37 YORKE ST REAR R-2 6,000 VACANT LAND non conforming land bank area; reserved for developers that go through Cumberland County Improvement Authority process
90/1 YORKE ST & GRIEVES PKWY R-2 13,700 VACANT LOT buildable
90/17 E BROADWAY C-2 28,100 DRIVEWAY
94/8 WALNUT ST R-1 70,800 VACANT LAND wetlands? Developable?
94/11 AMWELLBURY RD REAR R-1 200 VACANT LAND very small; odd shape; non conforming
94/16 GRIEVES PARKWAY R-1 102,000 VACANT LAND Reserved for developer
94/20 GRIEVES PKWY R-1 14,100 VACANT LAND wetlands? Developable?
102/15 PINE AVE not found on tax map
104/6 OAK ST R-1 250,700 VACANT LAND wetlands? Buildable?
105/1 OAK ST R-1 90,500 baseball field
105/2 OAK ST R-1 39,300 VACANT LAND wetlands?
105/3 OAK ST R-1 38,500 VACANT LAND
106/1 515 GRIEVES PARKWAY C-2 315,000 STREET DEPARTMENT unavailable for purchase
108/22 victory ave not found on tax map
111/12 CROSSLAND AVE R-1 7,800 N/A not found on tax map
112/4 CHESTNUT ST R-1 39,300 VACANT LAND wetlands? Developable?
112/5 SOUTHWEST DR R-1 19,700 The Road Grieves parkway
112/6 CHESTNUT ST R-1 18,300 VACANT LAND
113/14 CHESTNUT ST R-1 48,500 VACANT LAND wetlands?
113/15 GRIEVES PARKWAY R-1 17,600 VACANT LAND wetlands?
113/16 170 CHESTNUT ST R-1 18,500 HOUSE former candy store? CONDEMNED
114/3 COOK AVE R-1 40,700 VACANT LAND wetlands?
114/4 WALNUT ST R-1 165,500 VACANT LAND TRIBUTARY GOES THROUGH IT
114/5 WALNUT ST R-1 92,000 VACANT LAND TRIBUTARY GOES THROUGH IT
114/6 WALNUT ST wetlands?
114/7 155 WALNUT STREET R-1 432,800 ELEMENTARY SCHOOL PARKING LOT unavailable for purchase
115/2 CHESTNUT ST R-1 230,000 VACANT LAND unavailable for purchase ; CREEK GOES THROUGH IT
115/8 CHESTNUT ST R-1 96,000 VACANT LAND WETLANDS?
118/1 419 afton dr land bank area
118/2 421 afton dr land bank area
118/3 423 afton dr land bank area
118/4 425 afton dr land bank area
118/5 427 afton dr land bank area
118/6 429 afton dr land bank area
118/7 431 Afton dr land bank area
118/21 AFTON DR R-2 33,600 VACANT LAND land bank area
120/11 KENT ST R-2 7,800 VACANT LAND buildable lot

📢 City of Salem – Developer Opportunities & City-Owned Property Sales

The City of Salem is actively seeking qualified developers and investors to participate in the redevelopment of city-owned properties. This initiative is designed to return properties to productive use, expand homeownership, and strengthen neighborhoods and commercial corridors.

⚠️ Important Notice – Land Bank Properties (Effective May 2026)

Properties located on the following streets: Davis, Linden, Union, Olive, Magnolia, and Yorke Streets

➡️ Must be acquired through the Land Bank, operated by the Cumberland County Improvement Authority

  • These properties will be formally transferred to the Land Bank in May 2026.
  • The Land Bank is currently being established and will manage acquisition, packaging, and disposition of these sites.
  • Developers must work directly with the Land Bank for these properties once transferred.

📋 Developer Qualification Requirement (Mandatory)

No individual or entity may purchase a City-owned property without first being approved as a Qualified Developer.

Application Process

  • All applicants must complete a Developer Application.
  • Applications are reviewed by:
    — Housing Committee and Redevelopment Attorney
    — Director of Housing & Economic Development
    — City Review Committee

Application Process for City-Owned Property

1. Submit an Application

  • Applications to purchase City-owned property are available on the City’s website.
  • All prospective buyers must first be approved as a developer before any proposal to purchase property will be considered.
  • Applicants must complete the application in full and provide all required supporting documentation.

2. Application Review

  • Applications will be reviewed by the Department of Housing and Economic Development, in coordination with the Mayor and City legal counsel.
  • The City will evaluate the applicant’s experience, financial capacity, and development plan.
  • Applicants may be asked to provide additional information. Incomplete or unqualified applications may be denied.

3. Development Requirements

  • In areas where the City controls multiple properties on the same block, developers may be required to acquire and develop multiple parcels as part of a coordinated redevelopment effort.
  • The City prioritizes proposals that demonstrate the ability to complete projects and stabilize neighborhoods.

4. Committee and Council Review

  • Qualified proposals will be reviewed by the appropriate City Council committee, which includes the Mayor.
  • The committee may request a developer presentation, if deemed necessary.
  • The committee will make a recommendation to the full City Council for final approval.

5. Compliance with New Jersey Law

  • All property sales must comply with the New Jersey Municipal Land Use Law and applicable state and local regulations.
  • The City will verify the developer’s background and qualifications prior to approval.

6. Property Pricing

  • As a general guideline:
    — Vacant lots: approximately $3,000
    — Structures (poor condition): approximately $8,000
    — Structures (fair/good condition): approximately $15,000
  • The City reserves the right to adjust pricing at any time based on market conditions and redevelopment goals.

7. Land Bank Transition

  • The City is working with the Cumberland County Improvement Authority (“The Authority”) to operate the City’s land bank.
  • Certain properties (including but not limited to those on Davis, Linden, Union, Olive, Magnolia, and Yorke Streets) will be transferred to the land bank.
  • Once transferred, these properties must be acquired directly through the land bank, not the City.
  • The land bank is expected to become fully operational in May 2026.

8. Online Property Auctions

  • Some City-owned properties will be sold through an online auction platform, rather than through the standard application process.
  • These properties may not require prior developer designation but will still be subject to City conditions.
  • Updates on auction listings and timelines will be posted on the City’s website.

9. Nonprofit Organizations

  • The City may sell property to qualified nonprofit organizations that demonstrate the capacity to successfully complete and manage development projects consistent with community goals.
    ➡️ No proposal to purchase property will be accepted or reviewed without prior approval.
    ➡️ This requirement does not apply to applicants already in an active transaction process.
  • Minimum Qualifications
    Applicants must demonstrate:
    — Relevant construction and development experience
    — A qualified project team (contractors, architects, etc.)
    — Ability to secure financing
    — Submission of a pro forma and redevelopment concept

🏗️ Development Requirements & Disposition Policy Cluster Development Requirement

  • Where the City controls multiple properties on a single block or street, developers will be required to:
    — Purchase multiple properties as a package
    — Develop both structures and vacant lots
  • This ensures coordinated, high-quality redevelopment and avoids fragmented investment.

💲 Pricing Structure (Subject to Change)

The City has established baseline pricing to encourage redevelopment:

  • Vacant Lots: starting at $3,000
  • Structures (Poor Condition): starting at $8,000
  • Structures (Good Condition): starting at $15,000

➡️ Final pricing may vary based on:

  • Location
  • Redevelopment potential
  • Strategic importance
  • Market conditions

➡️ The City reserves the right to modify pricing at any time.

🏛️ Incentives & Financing Opportunities

Developers in Salem can leverage multiple programs to improve project feasibility:

State & Federal Programs

  • New Jersey Housing and Mortgage Finance Agency (NJHMFA)
    Low-interest financing, gap funding, and LIHTC programs
  • Opportunity Zones (Federal Program)
    Capital gains tax deferral and potential tax elimination
  • Historic & Housing Tax Credits
    Reduce equity requirements for qualified projects
  • NJ HOMES
    DCA will provide access to non-profit developers that partner with the municipality for predevelopment costs for an affordable housing project(s) to be developed within the municipality.

New Jersey Economic Development Authority (NJEDA)

  • ASPIRE Program – Gap financing for large redevelopment projects
  • Main Street Recovery Programs – Grants/loans for commercial corridors
  • Brownfields Redevelopment Incentives – Environmental cleanup support
    — See Brownfield map here: Salem 2026 BDA Map (PDF)

🏡 Homeownership & End-User Financing

Projects that produce homeownership units may benefit from strong buyer financing tools:

  • FHA Loans (including 203(k) renovation loans)
  • VA Loans (for eligible veterans)
  • Conventional & HomeStyle Renovation Loans
  • USDA Rural Development Loans (if applicable)
  • NJHMFA down payment assistance programs

➡️ Projects that result in homeownership may qualify for a:

  • Full or graduated 5-year tax abatement

🏢 Support for Landlords & Tenants

  • Access to rental rehabilitation funding programs
  • Energy efficiency and building upgrade incentives
  • Guidance on compliance with housing codes and inspections
  • Tenant pathways to homeownership readiness programs

🛠️ Development Support from the City

The City will assist qualified developers with:

  • Permitting and inspections coordination
  • Utility access and infrastructure coordination with South Jersey Gas, American Water, and Atlantic City Electric
  • Site plan review and zoning guidance

➡️ Developers should be prepared to submit site plans where required under the Municipal Land Use Law (MLUL).

📐 Planning & Zoning Updates (In Progress)

The City is currently updating its Master Plan, which will:

  • Anticipate draft voted on by Land Use Board (also known as Planning/Zoning Board) June 2026
  • Modernize zoning regulations
  • Improve redevelopment flexibility
  • Adjust parking requirements
  • Align land use with current market conditions

➡️ These updates are intended to create a more predictable and developer-friendly environment.

🏚️ Current Development Pipeline

  • Three vacant dilapidated structures scheduled for demolition
  • Home Renovation Program launching September 2026 (details forthcoming)
  • 123 properties expected to be available within six months through the in rem foreclosure process.
    — Some → Land Bank (complex sites)
    — Others → Direct developer acquisition: This includes properties on the following streets:  Craven, Davis, E Broadway, Elm St, Griffith, Hubbell, Oak, Roe, Seventh, Magnolia,

🏘️ Historic District Requirements

Certain properties are located within areas subject to the City of Salem Historic Preservation Commission (HPC) review.
Developers must:

  • Ensure new construction or rehabilitation matches neighborhood character
  • Comply with design standards and materials guidance
  • Participate in HPC review process where applicable for anything on the front and sides of the property

🏗️ Priority Development Area – Westside Court (Choice Neighborhood)

The City is prioritizing replacement housing development as part of the Choice Neighborhood Initiative.
➡️ Projects that contribute to this effort will receive priority consideration.
The plan will be released May 2026. Check back for details.

📨 How to Get Started

  1. Submit a Developer Application
  2. Receive Qualified Developer Approval
  3. Review available properties (City or Land Bank)
  4. Submit proposal + pro forma
  5. Enter into negotiation and redevelopment agreement