37 Blum Street Newark, NJ $ 549,000
37 Blum Street
$ 549,000
New Construction
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37 Blum Street

Newark, NJ, 07103
$ 549,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 3,380

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Multi-Family Home for sale in Newark, NJ

for $549,000 with 7 bedrooms and 3 full baths.

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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Multi-Family Pending

Price

$ 549,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,047

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26005124

Features
General
Utilities Electricity Connected Natural Gas Connected
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 3
Status Under Contract - Under Contract
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 11047.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 7
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,301
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,380
Monthly Property Taxes
$921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/5/2026$549,000 -8.35% Price Down
2/16/2026$599,000 Listed Price

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37 Blum Street, Newark, NJ, 07103 is a Multi-Family Home for sale at $549,000. 37 Blum Street has 7 bedrooms and 3.0 baths. The property's zip code is 07103 which is in Newark, NJ