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$685,000 Just Listed
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Property Description
Welcome to 89 Schley Avenue, a beautifully renovated 2-unit home nestled in the heart of Newark, NJ. This property offers a fantastic opportunity for investors or savvy homebuyers seeking a spacious residence with rental income potential. Each unit features a beautiful kitchen with brand-new stainless steel appliances, 5 bedrooms, and 3 bathrooms, offering ample space for comfortable living. Both units showcase modern updates and renovations. This property also includes a convenient 2-car garage, providing secure parking. Situated in a vibrant neighborhood, residents enjoy easy access to local amenities, public transportation, schools, and parks. Don't miss out on the chance to own this renovated gem with great income potential. Schedule your showing today and explore the possibilities of 89 Schley Avenue!
Full Property Details
Full Property Details for 89 Schley St
General
- Price: $685,000
- Taxes: $5,294 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4042872
- Updated: 7/24/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Schley
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Cent Register Heat
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially
- Roof: Asphalt Shingles
- Year Built: 1922
- Remodeled/Updated: 2023
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Square Feet: 600
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Sunroom
- Square Feet: 700
- Levels/Stories: 1
- Fireplaces: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 28.6 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $150,500
- Land Assmt: $26,800
- Tax Amount: $5,294
- Tax Year: 2025
Disclosures and Reports
- Block: 3084
- Lot Number: 52
Listed by Realty One Group Living
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Schools
Schools serving 89 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 | 1.6 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.4 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.7 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.7 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.9 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 89 Schley St
Date
Details
Price
Change
Source
7/24/2026
Listed
$685,000
9.6%
MLS
5/08/2024
Sold
$625,000
—
Public Record
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
Tax History for 89 Schley St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,295
—
$177,300
34%
2025
$5,295
7%
$132,400
—
2022
$4,946
—
$132,400
—
2021
$4,943
33%
$132,400
—
2021
$3,727
-24%
$132,400
—
2018
$4,890
4%
$132,400
—
2017
$4,713
3%
$132,400
—
2016
$4,555
4%
$132,400
—
2015
$4,381
-12%
$132,400
—
2019
$4,980
27%
$132,400
—
2013
$3,910
—
$132,400
—
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 89 Schley St
89 Schley St, Newark, NJ 07112 (MLS# 4042872) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 89 Schley St is currently listed for $685,000 and was received on July 24, 2026. Want to learn more about 89 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.

