50 Blum St Newark, NJ $ 260,000
50 Blum St
$ 260,000
New Construction
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50 Blum St

Newark, NJ, 07103
$ 260,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 1,622

50 Blum St, Newark, NJ 07103 - Image 1

Multi-Family Home for sale in Newark, NJ

for $260,000 with 5 bedrooms and 3 full baths. This home was built in 1910 on a lot size of 0.06.

All highest and best offers due by 5:00 PM on October 28, 2025Rare opportunity in Newark! 50 Blum Street is being offered strictly in as-is condition, presenting a blank canvas for your vision. Situated on a 25 x 100 lot, this property provides outstanding potential for redevelopment or new construction. The existing structure requires full renovation or removal, making it an ideal project for developers, builders, or investors looking to maximize value in a thriving market. 25 ft. x 100 ft. lot. Existing structure sold in as-is condition. Excellent opportunity for multifamily or custom new build (subject to approvals)Prime location with easy access to transportation, schools, and shoppingStrong rental demand in the area

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Multi-Family Contingent

Price

$ 260,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,536

Style

2-Two Story

Lot Size

0.06

Year Built

1910

Town/City

Newark

County/Region

Essex

MLS | Web ID

3992419

Features
General
Sewer See Remarks
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Possession After Closing
Roof Asphalt Shingle See Remarks
Water Heater See Remarks
Garage Spaces 0
Architectural Style 2-Two Story See Remarks
Year Built 1910
Garage See Remarks
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Full Baths 3
Status Under Contract Cont. to Show
Directions Springfield Ave. to Blum St.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 4536
Drive See Remarks
Standard Status Under Contract Cont. to Show
Tax Assessed Value 119300
Town # 1614
Tax Lot 22
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Interior
Basement Crawl Space Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type See Remarks
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source See Remarks
Exterior Description See Remarks
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
NELSON FELIX

Listing Agent

Terrie O'connor Realtors

Broker

Affordability Calculator

$2,000
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,622
Monthly Property Taxes
$378
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$260,000 Listed Price

Map


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50 Blum St, Newark, NJ, 07103 is a Multi-Family Home for sale at $260,000 with a lot size of 0.06. 50 Blum St has 5 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 07103 which is in Newark, NJ