Auction Information
AUCTION Residential Lot for Redevelopment
Auction | By Order of the City of Salem
0.72+/- Acre Residential Lot for Redevelopment
Plus 50+/- Properties - Structures & Lots Throughout the City
Salem, Salem County, Nj
May 21, 2025
- Pkg 6: 30,000+/-Sf residential lot for redevelopment, - 0.72+/- total acres
- Plus 50+/- Properties - Lots & Structures (List of Properties Available)
- Join in the Salem Redevelopment Plan and Take Advantage of Opportunity Zone Incentives
- Comprehensive Redevelopment Plan: The city has adopted a comprehensive redevelopment plan focused on rehabilitation and improving conditions within Salem. This plan provides a broad overview for planning, development, and redevelopment efforts, ensuring a structured approach to revitalizing the city. This process aims to facilitate redevelopment and attract developers.
- Opportunity Zones and Tax Incentives: Salem City is part of an Opportunity Zone, providing pote...
- Opportunity Zones and Tax Incentives: Salem City is part of an Opportunity Zone, providing potential tax benefits and incentives for investors and businesses looking to develop or expand in the area. These incentives are designed to stimulate economic growth and redevelopment.
- Rich Historic Heritage and Vibrant Community Events: The city hosts engaging events like the Salem County Fair, which has been promoting agriculture since 1959. These events foster community spirit and provide fun activities for all ages.
- County Seat: Salem City serves as the county seat of Salem County, making it the administrative center and hub for local government activities.
Continuous 15-Minute Information Sessions Wednesday, May 7th running between 12-2 pm, held at the Hetty Reckless Center: 116 West Broadway, Salem, NJ (Across the street from City Hall)
Online Auction concludes Wednesday, May 21st at 11 am
Call today or visit our website for a List of Properties and register for the Property Information Package
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