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

Newark, NJ, 07103
$ 260,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,622

50 Blum Street, Newark, NJ 07103 - Image 1

Multi-Family Home for sale in Newark, NJ

for $260,000 with 5 bedrooms and 2 full baths.

All highest and best offers due by 5:00 PM on October 28, 2025 Rare 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 shopping Strong rental demand in the area

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Multi-Family Pending

Price

$ 260,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,537

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

25037205

Features
General
Utilities See Remarks
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 9
Full Baths 2
Status Under Contract - Under Contract
City Newark
Disclosures Seller's Agent
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 4537.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 2
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* Excluded Features

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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$260,000 Listed Price

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50 Blum Street, Newark, NJ, 07103 is a Multi-Family Home for sale at $260,000. 50 Blum Street has 5 bedrooms and 2.0 baths. The property's zip code is 07103 which is in Newark, NJ