Properties

Description

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 dcor shown are not included in the sale.

Features

  • Heating System : Forced Hot Air, Multi-zone, 2 Units
  • Cooling System : Wall A/c Unit(s), 2 Units
  • Basement : Full, Unfinished, French Drain
  • Roof Deck : See Remarks
  • Parking : 4
  • Parking Description: 1 Car Width, Blacktop, See Remarks
  • Interior Features: High Ceilings, Security System, Smoke Detector
  • Exterior Features: Metal Fence, Storage Shed
  • Tax Assessed Valuation: 275500
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office MLS ID: 5721
  • Agent ID: 308934
  • Tax: 11017
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$549,900

71 Schley St, Newark City, *

  • SQFT 37.60 Acre
  • Bedroom 6
  • Built Year 1850

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5469433
  • Price: $549,900
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1850
  • Year Built Description: Approximate, Renovated
  • Lot Area: 37.60 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Weequahic
  • Street: Schley St
  • Street Number: 71
  • Street Direction: Use GPS
  • Floor Number: 0
  • Longitude: W75° 46' 53.5''
  • Latitude: N40° 43' 5.3''
  • Internet Display Address: Yes
Property