37 Blum St Newark, NJ 07103
West Side NeighborhoodEstimated payment $3,809/month
About This Home
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.
Listing Agent
KENE A. EZE
EXP REALTY, LLC Brokerage Phone: 732-306-5992 Listed on: 02/16/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,047
Year Built
- Built in 1909
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Radiator
- Standard Electricity
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
Community Details
- 2,600 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-00307-0001-00038-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,048 | $290,500 | $31,300 | $259,200 |
| 2024 | $10,830 | $290,500 | $31,300 | $259,200 |
| 2022 | $4,924 | $131,800 | $31,300 | $100,500 |
| 2021 | $4,921 | $131,800 | $31,300 | $100,500 |
| 2020 | $5,008 | $131,800 | $31,300 | $100,500 |
| 2019 | $4,957 | $131,800 | $31,300 | $100,500 |
| 2018 | $4,867 | $131,800 | $31,300 | $100,500 |
| 2017 | $4,692 | $131,800 | $31,300 | $100,500 |
| 2016 | $4,534 | $131,800 | $31,300 | $100,500 |
| 2015 | $4,361 | $131,800 | $31,300 | $100,500 |
| 2014 | $4,087 | $131,800 | $31,300 | $100,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Pending | -- | -- | -- | |
| 03/05/2026 03/05/26 | Price Changed | $549,000 | -8.3% | $211 / Sq Ft | |
| 02/16/2026 02/16/26 | For Sale | $599,000 | 0.0% | $230 / Sq Ft | |
| 04/05/2024 04/05/24 | Rented | $1,900 | -5.0% | -- | |
| 02/08/2024 02/08/24 | Price Changed | $2,000 | -4.8% | -- | |
| 11/28/2023 11/28/23 | For Rent | $2,100 | 0.0% | -- | |
| 12/30/2021 12/30/21 | Sold | $430,000 | +4.9% | -- | View Prior Sale |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- | |
| 10/11/2021 10/11/21 | For Sale | $410,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $430,000 | New Title Company Name | |
| Bargain Sale Deed | -- | First American Title | |
| Deed | $145,000 | None Available | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $422,211 | FHA | |
| Previous Owner | $259,000 | Purchase Money Mortgage | |
| Previous Owner | $175,000 | Purchase Money Mortgage |
Source: Garden State MLS
MLS Number: 4009953
APN: 14-00307-01-00038
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