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$549,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 4 hours ago

Next open house:

Open House: 2:30 PM - 4:30 PM

Sunday 10/25 2:30 PM - 4:30 PM

71-73 Schley St,Newark, NJ 07112

71-73 Schley StNewarkNJ07112

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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.

Full Property Details for 71-73 Schley St

General

  • Price: $549,900
  • Taxes: $11,017 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4060529
  • Updated: 10/22/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 14
  • Interior Features: High Ceilings, Security System, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Exterior Features: Metal Fence, Storage Shed

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Subdivision: Weequahic
  • Driving Directions: Use GPS

Heating & Cooling

  • Cooling Type: 2 Units, Wall A/C Unit(s)
  • Heating Type: 2 Units, Forced Hot Air, Multi-Zone
  • Heating Fuel: Natural Gas, See Remarks
  • Water Heater: Gas

Utilities

  • Sewer: Public Available
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 1-One Story, 2-Two Story
  • Exterior Const.: Brick, See Remarks, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: French Drain, Full, Unfinished
  • Roof: See Remarks
  • Square Feet: 2,218
  • Year Built: 1850
  • Remodeled/Updated: 2021

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Kitchen, Living Room, Master Bedroom
  • Square Feet: 1200
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 37.6 x 100
  • Driveway/Sidewalk: 1 Car Width, Blacktop, See Remarks

Financial Considerations

  • Assessment Amount: $247,600
  • Land Assmt: $27,900
  • Tax Amount: $11,017
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: First floor furniture
  • Disclosures: Yes
  • Block: 3083
  • Lot Number: 25

Listed by Lifestyle International Realty

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Listing agent

— 71-73 Schley St —

  • Lifestyle International Realty

646-573-1023

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 71-73 Schley St

School District:Newark City School District
NameGradesDistance
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-80.9 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-81 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.5 mi
Weequahic High School
279 Chancellor Avenue, Newark, NJ 07112
9-120.6 mi
Malcolm X Shabazz High School
80 Johnson Avenue, Newark, NJ 07108
9-121.4 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-121.6 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.7 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-81.7 mi
Lincoln Elementary School, Newark, NJ
87 Richelieu Terrace, Newark, NJ 07106
K-81.9 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 71-73 Schley St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2026
Listed
$549,900
39.22%
MLS
4/20/2021
Sold
$395,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 71-73 Schley St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,017
7%
$275,500
—
2022
$10,293
121%
$275,500
—
2021
$4,650
—
$275,500
121%
2021
$4,650
33%
$124,600
—
2021
$3,505
-25%
$124,600
—
2019
$4,686
2%
$124,600
—
2018
$4,601
4%
$124,600
—
2017
$4,436
3%
$124,600
—
2016
$4,286
4%
$124,600
—
2015
$4,123
12%
$124,600
—
2013
$3,679
—
$124,600
—
View All
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 for 71-73 Schley St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Lifestyle International Realty

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71-73 Schley St, Newark, NJ 07112 (MLS# 4060529) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 71-73 Schley St is currently listed for $549,900 and was received on October 22, 2026. Want to learn more about 71-73 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.

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