Date
Details
Price
Change
Source
4/02/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Come see this amazing opportunity to own 2 lots! 2 car Garage on 38 Schley possible chance to add ADU above garage!! Update the 2 family on 40 schley and make a ton money on this spacious 2 family. 4 bedrooms in 1st floor unit 3 bedrooms plus dining room, Laundry, and den in 2nd floor unit WHOLE HOUSE DELIVERED VACANT Plus partially finished basement with 3 rooms and with unfinished bathroom all hookups Laundry also!
Full Property Details
Full Property Details for 40 Schley St
General
- Price: $499,999
- Taxes: $5,834 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4017713
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Nye Ave to Schley
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 2-Two Story, Fixer Upper
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Finished, Full, Partial
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Den, Dining Room, Eat-In Kitchen
- Square Feet: 1150
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop
- Lot Description: Possible Subdivision
Financial Considerations
- Expenses: Cold Water, Insurance, See Remarks
- Operating Expenses: $10,000
- Assessment Amount: $119,600
- Land Assmt: $26,300
- Tax Amount: $5,834
- Tax Year: 2025
Disclosures and Reports
- Block: 3073
- Lot Number: 48
Listed by Conley Realty
We Value Your Privacy
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Listing agent
— 40 Schley St —
Conley Realty
973-757-2185
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 40 Schley St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.9 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.4 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.6 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.7 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Schley St
Tax History
Tax History for 40 Schley St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,549
2%
$145,900
—
2022
$5,451
—
$145,900
—
2021
$5,448
33%
$145,900
—
2021
$4,107
-24%
$145,900
—
2018
$5,388
-2%
$145,900
—
2019
$5,487
6%
$145,900
—
2017
$5,194
3%
$145,900
—
2016
$5,019
4%
$145,900
—
2015
$4,828
12%
$145,900
—
2013
$4,308
—
$145,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Schley St
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40 Schley St, Newark, NJ 07112 (MLS# 4017713) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 40 Schley St is currently listed for $499,999 and was received on April 02, 2026. Want to learn more about 40 Schley St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.