Recently Listed Open House 10/24 1pm - 3pm
71-73 Schley St
Newark, NJ, 07112 $ 549,900
Bedrooms6 Baths3.0 Sq 2,218 Monthly Estimate*
$ 3,798
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
FeaturesInteriorInterior 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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GeneralSewer 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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ExteriorExterior 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 FeaturesList ByMARIA GUERRAListing Agent
Lifestyle International RealtyBroker
Affordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $739,064
Percent of Sale Price 34%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2026 | $549,900 | | Listed Price |