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37 Blum St, Newark, NJ 07103

Newark
Local realty services provided by:CENTURY 21 Cedarcrest Realty, Inc.
37 Blum St,Newark City, NJ 07103
$549,000
  • 7 Beds
  • 3 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Pending
Listed by: kene a. eze
Office: exp realty, llc.866-201-6210
MLS#:4009953
Source:NJ_GSMLS

Price summary

  • Price:$549,000
  • Price per sq. ft.:$211.15

About this home

Income-Producing Two-Unit Multifamily Newark, NJ Revitalizing Corridor! A well-positioned two-family property offering immediate cash flow potential in one of Newark's most actively developing neighborhoods. Situated on a quiet, low-traffic residential street with strong community infrastructure. Unit 2 is fully approved for Housing Choice Vouchers (Section 8), providing investors with guaranteed, government-backed rental income. Unit 1 is currently in the HCV approval process, positioning this property for a fully voucher-supported, low-vacancy income stream upon completion. New construction nearby signals active neighborhood investment and rising property values. This is a ground-floor opportunity in a submarket undergoing meaningful revitalization ideal for the buy-and-hold investor seeking durable, long-term returns.

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Home facts

  • Year built:1909
  • Listing ID #:4009953
  • Added:150 day(s) ago
  • Updated:May 06, 2026 at 08:35 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Basement, Full
  • Living area:2,600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:2 Units, Forced Hot Air, Radiators - Steam

Structure and exterior

  • Roof:Flat
  • Year built:1909
  • Building area:2,600 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,000
  • Price per sq. ft.:$211.15
  • Tax amount:$11,047 (2024)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated May 6, 2026

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