$549,000

37 Blum Street, Newark, NJ 07103

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

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.

Listing Status:
Active
Date Added:
February 16, 2026
Data Last Updated:
March 10, 2026 at 7:57AM
Listing Office:
EXP Realty, LLC : 866-201-6210
Listing Agent:
Kene A Eze : 732-306-5992
MLS ID:
26005124
  • Rooms: 13
  • Laundry: None
  • County: ESSEX
  • Utilities: Sep ElecSep Gas

This listing courtesy of Kene A Eze , EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harriet Tubman Elementary School

504 S 10th St, Newark, NJ, 07103

Grades PK-6

0.09 miles away

C

Cleveland Elementary School

388 Bergen St, Newark, NJ, 07103

Grades PK-8

0.39 miles away

B

Bard Early College High School

321 Bergen St, Newark, NJ, 07103

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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