Under contract cont. to show

$260,000

50 Blum St, Newark City, NJ 07103

5beds

1,850sqft

Est.:

Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$141/sqft

$-- HOA

What's special

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

61 days

4,507

108

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

See Remarks

Cooling

See Remarks

Appliances

Included: See Remarks, Water Heater (See Remarks)

Features

Bedrooms, Kitchen, Living Room, Master Bedroom
Basement: Yes,Crawl Space,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,850
Total interior livable area: 1,850 sqft

Property

Parking

Parking features: See Remarks

Features

Levels: Two
Stories: 2

Lot

Size: 2,613.6 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614003060000000220000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Roof: Asphalt Shingle,See Remarks

Condition

Year built: 1910

Utilities & green energy

Sewer: See Remarks
Water: See Remarks
Utilities for property: See Remarks

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $119,300
Annual tax amount: $4,536
Date on market: 10/14/2025
Total actual rent: 0
Tenant pays: Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/15/2025	Pending sale	$260,000$141/sqft
Source: NJMLS #25037205 Report a problem
10/14/2025	Listed for sale	$260,000+15.6%$141/sqft
Source: GSMLS #3992419 Report a problem
12/29/2023	Sold	$225,000-13.5%$122/sqft
Source: GSMLS #3867268 Report a problem
11/22/2023	Pending sale	$260,000$141/sqft
Source: GSMLS #3867268 Report a problem
9/29/2023	Listed for sale	$260,000$141/sqft
Source: GSMLS #3867268 Report a problem