71-73 Schley St Newark, NJ $ 549,900
71-73 Schley St
$ 549,900
Recently Listed
Open House 10/24 1pm - 3pm
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71-73 Schley St

Newark, NJ, 07112
$ 549,900
Bedrooms6 Baths3.0 Sq 2,218

Monthly Estimate*

$ 3,798

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Multi-Family Home for sale in Newark, NJ

for $549,900 with 6 bedrooms and 3 full baths. This 2,218 square foot home was built in 1850 on a lot size of 0.09.

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.

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Open House

10/24/2026 1:00 PM - 3:00 PM
10/25/2026 1:00 PM - 3:00 PM
71-73 Schley St Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 549,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,017

Style

1-One Story, 2-Two Story

Lot Size

0.09

Year Built

1850

Town/City

Newark

County/Region

Essex

MLS | Web ID

4060529

Features
Interior
Interior Amenities High Ceilings Security System Smoke Detector
Basement French Drain Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Available
Heating 2 Units Forced Hot Air Multi-Zone
Cooling 2 Units Wall A/C Unit(s)
Utilities All Underground
Possession At closing
Roof See Remarks
Water Heater Gas
Garage Spaces 2
Architectural Style 1-One Story 2-Two Story
Exclusions First floor furniture
Year Built 1850
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Weequahic
Total Rooms 14
Full Baths 3
Status Active
Directions Use GPS
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 11017
Home Warranty Y/N No
Drive 1 Car Width Blacktop See Remarks
Standard Status Active
Tax Assessed Value 275500
Town # 1614
Tax Lot 25
Farm Assessment No
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Exterior
Exterior Amenities Metal Fence Storage Shed
Water Source Public Water
Exterior Description Brick See Remarks Vinyl Siding
Building Area Total 2218
Lot Dimensions 37.6X100
Lot Size Acres 0.09
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* Excluded Features
List By
MARIA GUERRA

Listing Agent

Lifestyle International Realty

Broker

Affordability Calculator

$4,716
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,798
Monthly Property Taxes
$918
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/22/2026$549,900 Listed Price

Map


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71-73 Schley St, Newark, NJ, 07112 is a Multi-Family Home for sale at $549,900 with 2,218 sqft and a lot size of 0.09. 71-73 Schley St has 6 bedrooms, 3.0 baths, and was built in 1850. The property's zip code is 07112 which is in Newark, NJ