37 Blum StreetNewark, NJ 07103




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$2,505Income-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.
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Price changed to $549,000 | |
| 2 weeks ago | Status changed to Active | |
| 4 weeks ago | Listing first seen on site |
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All information is deemed reliable but not guaranteed. Last checked: 2026-03-15 10:58 PM UTC
Source: New Jersey Multiple Listing Service, Inc.
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