Newark City, NJ 07103,50 Blum St
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$ 260,000
Est. payment | /mo

5 Beds

3 Baths

1,850 SqFt


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$ 260,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,850 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $140

MLS Listing ID 3992419

Style 2-Two Story, See Remarks

Bedrooms 5

Full Baths 3

Year Built 1910

Annual Tax Amount $4,536

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Rare 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. lotExisting structure sold in as-is conditionExcellent 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

Location

State NJ

County Essex

Rooms

Basement Crawl Space, Unfinished

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Exterior Feature See Remarks

Parking Features See Remarks

Utilities Available See Remarks

Roof Type Asphalt Shingle, See Remarks

Building

Sewer See Remarks

Water See Remarks

Architectural Style 2-Two Story, See Remarks

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by TERRIE O'CONNOR REALTORS

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