37 Blum Street, Newark, NJ 07103 - Photo 1

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$549,000

For Sale
Under Contract
Duplex
7 Beds
3 Full Baths

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Property Description

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.

Full Property Details

Full Property Details for 37 Blum St

General

Price: $549,000
Taxes: $11,047
Status: Under Contract
Type: Duplex
Source: NJMLS
MLS ID: 26005124
Updated: 3/20/2026
Added to Site: 50 day(s) ago

Interior

Number of Rooms: 13

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: None

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas

Structural Information

Architectural Style: 2 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $11,047

Listed by EXP Realty, LLC (866) 201-6210, Kene Eze (732) 306-5992

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Listing agent

— 37 Blum St —

Kene Eze

EXP Realty, LLC

732-306-5992

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Schools

Schools serving 37 Blum St

School District:Newark City School District

Name	Grades	Distance
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	0.1 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	0.4 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.4 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	0.5 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	0.6 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.1 mi
Avon Avenue School 219 Avon Avenue, Newark, NJ 07108	7-8	0.5 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	0.7 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 37 Blum St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/05/2026

Price Reduced

$549,000

-8.35%

MLS

2/16/2026

Listed

$599,000

39.3%

MLS

12/29/2021

Sold

$430,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 37 Blum St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,048

124%

$290,500

—

2022

$4,924

31%

$290,500

120%

2021

$3,753

48%

$131,800

—

2021

$2,542

-49%

$131,800

—

2019

$4,957

$131,800

—

2018

$4,867

$131,800

—

2017

$4,692

$131,800

—

2016

$4,534

$131,800

—

2015

$4,361

12%

$131,800

—

2013

$3,892

—

$131,800

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 37 Blum St

37 Blum Street, Newark, NJ 07103 (MLS# 26005124) is a Duplex property with 7 bedrooms and 3 full bathrooms. 37 Blum Street is currently listed for $549,000 and was received on February 16, 2026. Want to learn more about 37 Blum Street? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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37 Blum St Newark, NJ 07103