Derby Lofts
51 Lafayette St, Salem, MA 01970
About this page — Steve Novak Real Estate is an independent real estate brokerage. We compile public MLS listing and sales data for Derby Lofts. We are not the management company, leasing office, or HOA for this building. For management, rental, or maintenance inquiries, please contact Derby Lofts directly.
About Derby Lofts
Derby Lofts is a residential building built in 2003, located at 51 Lafayette St in Salem, MA 01970. The building features 2-bedroom residences ranging from 1,000 to 1,620 square feet , with prices from $485K to $725K . 4 units have sold in the last two years at an average price of $592K .
Monthly HOA fees at Derby Lofts range from $406 to $559 per month and commonly include Water, Sewer, Insurance .
Last updated: 2026-05-06
Unit Types at Derby Lofts
| Unit Type | Beds | Baths | Sq Ft | Price Range | Available |
|---|---|---|---|---|---|
| 2 Bedroom | 2 | 1 | 1,000 sqft | $485K | None listed |
| 2 Bedroom | 2 | 2 | 1,510 - 1,620 sqft | $569K - $725K | None listed |
1 Unit Under Agreement
Recently Sold at Derby Lofts
| Address | Beds/Baths | Sq Ft | List Price | Sold Price | Change | Sold Date |
|---|---|---|---|---|---|---|
| 51 Lafayette St # 609, Salem MA 01970 | 2bd / 2ba | 1,520 | $749K | $725K | -3.2% | Oct 17, 2025 |
| 51 Lafayette Street # 304, Salem MA 01970 | 2bd / 2ba | 1,620 | $589K | $589K | +0% | Oct 1, 2025 |
| 51 Lafayette St # 506, Salem MA 01970 | 2bd / 2ba | 1,510 | $570K | $570K | +0% | Sep 18, 2025 |
| 51 Lafayette St # 610, Salem MA 01970 | 2bd / 1ba | 1,000 | $485K | $485K | +0% | Oct 16, 2024 |
Location
Frequently Asked Questions About Derby Lofts
Is Steve Novak Real Estate the management company or leasing office for Derby Lofts?
No. Steve Novak Real Estate is an independent real estate brokerage. We compile public MLS listing and recent-sales data for Derby Lofts to help buyers and sellers make informed decisions. We do not manage the building, lease units on behalf of the owner, or handle HOA matters. For management, leasing, or maintenance inquiries, please contact Derby Lofts directly.
Are there any units for sale at Derby Lofts?
There are currently no units listed for sale at Derby Lofts in Salem, MA. Check back regularly as new listings are added daily.
What is the price range at Derby Lofts?
Prices at Derby Lofts range from $485K to $725K based on recent listings and sales. Prices vary by unit size, floor, and finishes.
What are the unit sizes at Derby Lofts?
Units at Derby Lofts range from 1,000 to 1,620 square feet, with 2 to 2 bedroom configurations.
How much do condos sell for at Derby Lofts?
4 units have sold at Derby Lofts in the last two years at an average price of $592K. The average time on market was 92 days.
When was Derby Lofts built?
Derby Lofts was built in 2003 and is located at 51 Lafayette St in Salem, MA 01970.
What are the HOA fees at Derby Lofts?
Monthly HOA fees at Derby Lofts $406 to $559 per month. Based on 5 listings with HOA data on file. Fees commonly include Water, Sewer, Insurance. Actual fees vary by unit; confirm with the listing agent.
Looking to Buy or Tour at Derby Lofts?
Steve Novak Real Estate is a real estate brokerage that tracks every MLS listing at Derby Lofts. Schedule a tour, ask about a specific unit, or get instant alerts when new listings hit the market — download the app or browse all listings below.
Trying to reach the building's management or leasing office? Search "Derby Lofts Salem management" — we are not affiliated with the building's management.