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$260,000
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Property Description
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
Full Property Details
Full Property Details for 50 Blum St
General
- Price: $260,000
- Taxes: $4,537
- Status: Under Contract
- Type: Duplex
- Source: NJMLS
- MLS ID: 25037205
- Updated: 11/14/2025
- Added to Site: 101 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: See Remarks
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,537
Listed by Terrie O'Connor Realtors-Wyckoff (201) 891-0100, Nelson Felix (646) 895-3142
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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
Date
Details
Price
Change
Source
10/10/2025
Listed
$260,000
15.56%
MLS
12/05/2023
Sold
$225,000
—
Public Record
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
2%
$119,300
—
2023
$4,448
—
$119,300
—
2022
$4,457
—
$119,300
—
2021
$4,455
33%
$119,300
—
2021
$3,358
-24%
$119,300
—
2018
$4,406
4%
$119,300
—
2017
$4,247
3%
$119,300
—
2016
$4,104
4%
$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 Street, Newark, NJ 07103 (MLS# 25037205) is a Duplex property with 5 bedrooms and 2 full bathrooms. 50 Blum Street is currently listed for $260,000 and was received on October 10, 2025. Want to learn more about 50 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.

