51 Schley St Newark, NJ $ 719,000
51 Schley St
$ 719,000
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51 Schley St

Newark, NJ, 07112
$ 719,000
Bedrooms9 Baths5.0

Monthly Estimate*

$ 4,427

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Multi-Family Home for sale in Newark, NJ

for $719,000 with 9 bedrooms and 5 full baths. This home was built in 1924 on a lot size of 0.09.

Located at 51 Schley St in Newark, this expansive 3-story multi-family home presents an excellent investment opportunity or a spacious living arrangement. Featuring 9 bedrooms and 6 bathrooms, the property offers generous living space across three well-designed floors. Each level is thoughtfully laid out for privacy and functionality, with large living areas and an abundance of natural light. The home retains classic charm while providing the potential for updates and customization. Additional highlights include a private backyard, perfect for outdoor gatherings or relaxation, and a detached garage for added convenience. Situated in a prime location, this property is close to local amenities, public transportation, and major highways, providing easy access to downtown Newark, schools, shopping, and entertainment. Whether you're looking for a multi-family investment or a large home, 51 Schley St is a remarkable opportunity.

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Multi-Family Active

Price

$ 719,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,158

Style

3-Three Story

Lot Size

0.09

Year Built

1924

Town/City

Newark

County/Region

Essex

MLS | Web ID

4009320

Features
General
Sewer Public Sewer
Heating Radiators - Steam
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 3-Three Story
Year Built 1924
Garage Detached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 21
Full Baths 5
Status Active
Directions Nye Ave to Schley St
Open Parking Spaces 3
Number Of Units Total 3
Tax Annual Amount 11158
Drive 1 Car Width Driveway-Exclusive
Standard Status Active
Tax Assessed Value 293400
Town # 1614
Tax Lot 35
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Interior
Basement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Unit 3 Baths Total 2.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 37.6X100
Lot Size Acres 0.09
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* Excluded Features
List By
TOVIA LICHTMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Tovia@thelichtmanteam.com

Email

Affordability Calculator

$5,357
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,427
Monthly Property Taxes
$930
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$719,000 Listed Price

Map


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51 Schley St, Newark, NJ, 07112 is a Multi-Family Home for sale at $719,000 with a lot size of 0.09. 51 Schley St has 9 bedrooms, 5.0 baths, and was built in 1924. The property's zip code is 07112 which is in Newark, NJ