
Courtesy of: KENE A. EZE, EXP REALTY, LLC, NJ.Broker@eXpRealty.net
$549,000
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7 bed
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3.00 Bath (3 Full)
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Lot: 0.06 Acres
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Other
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$549,000
37 Blum St 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.
Courtesy of: KENE A. EZE, EXP REALTY, LLC, NJ.Broker@eXpRealty.net
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