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$624,900 -$25,100 (-3.86%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 5 days ago
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Price improvement for this well-maintained legal 2-family offering space, flexibility and an excellent opportunity for both owner-occupants and investors. The first-floor unit features 2 bedrooms, 1 full bath, an eat-in kitchen and living room. The spacious second unit offers 4 bedrooms and 2 full baths, including a primary bedroom with private bath, a spacious kitchen, living room and additional family room upstairs providing plenty of room for comfortable everyday living.Both units feature separate utilities and front and rear access providing convenient access throughout the property, including the full, clean unfinished basement with laundry hookups and French drain. Parking is a standout feature, with a detached 2-car garage plus a driveway accommodating 4+ additional vehicles.Conveniently located near everyday shopping, dining, parks, public transportation and major Newark destinations, with access to Newark Penn Station, Newark Liberty International Airport and surrounding highways. Property is vacant.Eligible buyers may qualify for up to $15,000 in buyer credits ask for details!

Full Property Details for 71 Schley St #2

General

  • Price: $624,900
  • Taxes: $11,017 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4047945
  • Updated: 10/1/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Exterior Features: Enclosed Porch(es), Metal Fence, Storage Shed
  • Color: Blue

Parking

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

Location

  • County: Essex
  • Driving Directions: Please use GPS

Heating & Cooling

  • Cooling Type: Wall A/C Unit(s)
  • Heating Type: Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1880
  • Remodeled/Updated: 2021

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
  • Square Feet: 925
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room, Living Room, Master Bedroom, See Remarks
  • Square Feet: 1000
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 37.6 x 100
  • Driveway/Sidewalk: Blacktop

Financial Considerations

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

Disclosures and Reports

  • Exclusions: Personal belongings
  • Disclosures: Yes
  • Block: 3083
  • Lot Number: 25

Listed by Lifestyle International Realty

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Listing agent

— 71 Schley St #2 —

  • 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 Schley St #2

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
9-121.5 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 Schley St #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Price Reduced
$624,900
-3.86%
MLS
8/22/2026
Listed
$650,000
—
MLS
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.

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Listed by Lifestyle International Realty

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71 Schley St #2, Newark, NJ 07112 (MLS# 4047945) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 71 Schley St #2 is currently listed for $624,900 and was received on August 20, 2026. Want to learn more about 71 Schley St #2? 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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