71-73 Schley St

Newark City, NJ 07112


 

Price: $549,900

GSMLS:  4060529
Type: Multi-Family
Style: 1-One Story, 2-Two Story
Total Units: 2
Beds: 6
Baths: 3 Full
Garage: 2-Car
Year Built: 1850
Acres: 0.09
Property Tax: $11,017
Description
Open House Saturday 1PM–3PM.
Discover the possibilities, Located in Newark's Weequahic neighborhood, this spacious two-family property offers an excellent opportunity for savvy investors or owner-occupants looking to begin their real estate investment journey while enjoying the benefits of homeownership.The first-floor unit features two bedrooms, one full bathroom, a comfortable living room, and an eat-in kitchen. The expansive second unit offers four bedrooms, two full bathrooms, including a primary bedroom with a private bath, a spacious kitchen, a living room, and an additional family room, providing plenty of room to spread out. Additional highlights include a full unfinished basement with laundry hookups, separate utilities, front and rear entrances, and convenient interior stairway access. Parking is a standout feature, with a detached two-car garage and a driveway accommodating 4 or more vehicles. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property offers flexibility and long-term potential. Conveniently situated near shopping, transportation, and major highways. Don't miss the opportunity to make this versatile two-family property your next investment or home! Qualified buyers may also be eligible for homebuyer assistance programs, subject to lender and program approval. Some photos have been virtually staged for illustrative purposes only. Furniture and décor shown are not included in the sale.
General Info
Style:
1-One Story, 2-Two Story
SqFt Building:
2,218
Total Rooms:
14
Basement:
Yes - French Drain, Full, Unfinished
Interior:
High Ceilings, Security System, Smoke Detector
Roof:
See Remarks
Exterior:
Brick, See Remarks, Vinyl Siding
Lot Size:
37.6X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop, See Remarks
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,Refrig,SeeRem
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Family Room, Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,Refrig,SeeRem
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Forced Hot Air, Multi-Zone
Heating Fuel:
Gas-Natural, See Remarks
Cooling:
2 Units, Wall A/C Unit(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Available
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Weequahic
Financial Considerations
List Price:
$549,900
Tax Amount:
$11,017
Land Assessment:
$27,900
Build. Assessment:
$247,600
Total Assessment:
$275,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4060529
List Date:
10-22-2026
Days On Market:
0
Listing Broker:
LIFESTYLE INTERNATIONAL REALTY
Listing Agent:
Maria Guerra
 

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Succasunna, NJ 07876
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