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Income-Producing Two-Family Property

37 Blum St Newark, NJ 07103

37 Blum St, Newark, NJ, 07103
$550,000
For Sale
Claim this Listing
$550,000

Two-family property in developing area, ideal for investors/owner-occupants.

AddedMay 17
Days on Market60
Last RefreshJul 3 at 12:53 am

Property Features for 37 Blum St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1909

Listing office RE/MAX First Realty

Listing date May 17, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX First Realty


Investment Insights

Based on property information with market context.

Located in an actively developing area with nearby new construction, this two-family property is suitable for investors or owner-occupants. The first-floor apartment features 4 bedrooms, 2 full bathrooms, a living room, a dining room, and an updated eat-in kitchen with access to a large backyard. The second-floor apartment offers 3 bedrooms, 1 full bathroom, a living room, a dining room, and an eat-in kitchen. Both units are Section 8 approved, making this a potential opportunity for rental income. The location has a bike score of 50, making it bikeable, a walk score of 69, indicating it is somewhat walkable, and a transit score of 61, suggesting good transit options.

Key Highlights

  • Income‑producing two‑family property, ideal for investors or owner‑occupants.
  • Both units are Section 8 approved, ensuring steady rental income.
  • Located in an actively developing area with new construction nearby.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Travel Agency Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property in developing area, ideal for investors/owner-occupants.
Where is this duplex located?
The property is located at 37 Blum St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Income‑producing two‑family property, ideal for investors or owner‑occupants.; Both units are Section 8 approved, ensuring steady rental income.; Located in an actively developing area with new construction nearby.
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