1/1

$260,000

For Sale
Active
Multi-Family
5 Total Beds

1/1

Property Description

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

Full Property Details

Full Property Details for 50 Blum St

General

Price: $260,000
Taxes: $4,536 (2024)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 3992419
Updated: 10/23/2025
Added to Site: 97 day(s) ago

Interior

Number of Rooms: 9

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Parking

Garage Description: See Remarks

Location

County: Essex
Driving Directions: Springfield Ave. to Blum St.

Heating & Cooling

Cooling Type: See Remarks
Heating Type: See Remarks
Heating Fuel: See Remarks
Water Heater: See Remarks

Utilities

Sewer: See Remarks
Water: See Remarks
Utility Description: See Remarks

Structural Information

Architectural Style: 2-Two Story, See Remarks
Exterior Const.: See Remarks
Basement: Yes
Basement Desc.: Crawl Space, Unfinished
Roof: Asphalt Shingles, See Remarks
Year Built: 1910

Unit Information

Unit 1

Unit Description: Bedrooms, Kitchen, Living Room, Master Bedroom
Square Feet: 850
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 2

Unit Description: Bedrooms, Kitchen, Living Room, Master Bedroom
Square Feet: 1000
Levels/Stories: 2
Total Bathrooms: 1
Bedrooms: 3

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 25 x 100
Driveway/Sidewalk: See Remarks

Financial Considerations

Expenses: See Remarks
Assessment Amount: $88,000
Land Assmt: $31,300
Tax Amount: $4,536
Tax Year: 2024

Disclosures and Reports

Block: 306
Lot Number: 22

Listed by TERRIE O'CONNOR REALTORS

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— 50 Blum St —

TERRIE O'CONNOR REALTORS

201-891-0100

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Schools

Schools serving 50 Blum St

School District:Newark City School District

Name	Grades	Distance
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	0.4 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	0.6 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	1 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.1 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	1.2 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	1.2 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	1.5 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	1.6 mi
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106	K-8	1.8 mi

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

Price & Sales History for 50 Blum St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/14/2025

Listed

$260,000

15.56%

MLS

12/05/2023

Sold

$225,000

—

Public Record

Get Price Alerts and Save Property

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 50 Blum St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,537

$119,300

—

2022

$4,457

—

$119,300

—

2021

$4,455

33%

$119,300

—

2021

$3,358

-24%

$119,300

—

2018

$4,406

$119,300

—

2017

$4,247

$119,300

—

2016

$4,104

$119,300

—

2015

$3,948

-12%

$119,300

—

2019

$4,487

21%

$119,300

—

2014

$3,699

—

$119,300

—

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 50 Blum St

50 Blum St, Newark, NJ 07103 (MLS# 3992419) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 50 Blum St is currently listed for $260,000 and was received on October 14, 2025. Want to learn more about 50 Blum St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

Tour this property

50 Blum St Newark, NJ 07103

Full Property Details for 50 Blum St

General

Interior

Rooms

Bathrooms

Bedrooms

Parking

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

Listing agent

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Schools serving 50 Blum St

Price & Sales History for 50 Blum St Get Price Alerts and Save Property

Tax History for 50 Blum St

Estimate the Cost for 50 Blum St

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