272 Schley St Newark, NJ $ 845,000
272 Schley St
$ 845,000
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272 Schley St

Newark, NJ, 07112
$ 845,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 5,203

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Multi-Family Home for sale in Newark, NJ

for $845,000 with 8 bedrooms and 6 full baths. This home was built in 2026 on a lot size of 0.09.

Completely renovated 2-family property offering the perfect opportunity for both homeowners and investors. Each unit features beautiful white shaker cabinets, elegant white quartz countertops, stainless steel appliances, and modern finishes throughout. Enjoy the comfort of central air conditioning and forced hot air heating in both units. Washer and dryer hookups are available for added convenience.The property is fully fenced with a private gated entrance, providing privacy and security. This spacious property also includes a finished attic and finished basement, offering additional living space and flexibility. Two separate driveways, one on each side of the property, provide ample parking and convenience.Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey income-producing property. Conveniently located near major highways, public transportation, schools, shopping, and local amenities. A great opportunity to generate rental income while enjoying comfortable living in one of the units. Don?t miss this fully renovated, move-in-ready, income-producing property.

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Multi-Family Active

Price

$ 845,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,326

Style

3-Three Story

Lot Size

0.09

Year Built

2026

Town/City

Newark

County/Region

Essex

MLS | Web ID

4031561

Features
General
Sewer Association
Heating 3 Units
Cooling 3 Units
Utilities All Underground
Possession At closing
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 2026
Garage Garage Parking See Remarks
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 12
Full Baths 6
Status Active
Directions Chancellor Ave to Fabyan Pl to Schley St.
Open Parking Spaces 2
Number Of Units Total 3
Tax Annual Amount 6326
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 158200
Town # 1614
Tax Lot 70
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Interior
Basement Finished
Unit 1 Baths Total 3.0
Unit 1 Beds Total 3
Unit 2 Baths Total 3.0
Unit 2 Beds Total 3
Unit 3 Baths Total 2.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Association
Exterior Description Aluminum Siding
Lot Dimensions 40X100
Lot Size Acres 0.09
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* Excluded Features
List By
OSCAR CASTRO

Listing Agent

Option 1 Realty Group, Llc

Broker

Affordability Calculator

$5,730
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,203
Monthly Property Taxes
$527
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
6/2/2026$845,000 Listed Price

Map


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272 Schley St, Newark, NJ, 07112 is a Multi-Family Home for sale at $845,000 with a lot size of 0.09. 272 Schley St has 8 bedrooms, 6.0 baths, and was built in 2026. The property's zip code is 07112 which is in Newark, NJ