50 Blum St Newark, NJ 07103
West Side NeighborhoodEstimated payment $1,748/month
About This Home
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
Listing Agent
TERRIE O'CONNOR REALTORS Brokerage Phone: 201-891-0100 Listed on: 10/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,536
Year Built
- Built in 1910
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- Crawl Space
- 2,614 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 1614-00306-0000-00022-0000-
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 | $4,448 | $119,300 | $31,300 | $88,000 |
| 2024 | $4,448 | $119,300 | $31,300 | $88,000 |
| 2022 | $4,457 | $119,300 | $31,300 | $88,000 |
| 2021 | $4,455 | $119,300 | $31,300 | $88,000 |
| 2020 | $4,533 | $119,300 | $31,300 | $88,000 |
| 2019 | $4,487 | $119,300 | $31,300 | $88,000 |
| 2018 | $4,406 | $119,300 | $31,300 | $88,000 |
| 2017 | $4,247 | $119,300 | $31,300 | $88,000 |
| 2016 | $4,104 | $119,300 | $31,300 | $88,000 |
| 2015 | $3,948 | $119,300 | $31,300 | $88,000 |
| 2014 | $3,699 | $119,300 | $31,300 | $88,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Pending | -- | -- | -- | |
| 10/14/2025 10/14/25 | For Sale | $260,000 | +15.6% | -- | |
| 12/29/2023 12/29/23 | Sold | $225,000 | -13.5% | -- | View Prior Sale |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- | |
| 09/29/2023 09/29/23 | For Sale | $260,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $225,000 | None Listed On Document | |
| Sheriffs Deed | $221,994 | None Listed On Document | |
| Sheriffs Deed | -- | -- | |
| Deed | -- | -- |
Source: Garden State MLS
MLS Number: 3992419
APN: 14-00306-0000-00022