272 Schley St, Newark City, NJ 07112
Essex County
Key Facts
Description
Completely renovated 2-family property offering the perfect opportunity for both homeowners and investors. Each unit features beautiful white shaker cabinets, elegant white quartz countertops, stainless steel appliances, and modern finishes throughout. Enjoy the comfort of central air conditioning and forced hot air heating in both units. Washer and dryer hookups are available for added convenience.The property is fully fenced with a private gated entrance, providing privacy and security. This spacious property also includes a finished attic and finished basement, offering additional living space and flexibility. Two separate driveways, one on each side of the property, provide ample parking and convenience.Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey income-producing property. Conveniently located near major highways, public transportation, schools, shopping, and local amenities. A great opportunity to generate rental income while enjoying comfortable living in one of the units. Don't miss this fully renovated, move-in-ready, income-producing property.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
2026
Stories
3
Living Area
29,997 sq ft
Lot Size
0.09 acres
Days on Market
43
MLS® Listing#
4031561
Property Features
Heating
Basement
Construction
Roof
Utilities
Financial Details
Annual Taxes
$6,326
Tax year 2025
Assessed Value
$158,200
Parcel Number
1614-03733-0000-00070-0000-
Directions
Chancellor Ave to Fabyan Pl to Schley St.
Affordability Calculator
$169,000
Estimated monthly payment
$4,497/mo
Principal $676,000 · Est. interest $943,080 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 37% above the area median.
- Its price per sq ft is 93% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 272 Schley St, Newark City, NJ 07112
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Newark Legacy Charter School
School · 0.2 mi away
Leaguers Head Start Program
School · 0.2 mi away
Chancellor Avenue School
Elementary · 0.2 mi away
NJ Regional Day School
School · 0.2 mi away
Weequahic High School
Secondary · 0.3 mi away
Chancellor Avenue Annex
School · 0.3 mi away
Bruce Street School
Elementary · 0.4 mi away
George Washington Carver Elementary School
Elementary · 0.4 mi away
George Washington Elementary School
Elementary · 0.4 mi away
Maple Avenue School
School · 0.5 mi away
Mount Vernon Avenue Elementary School
Elementary · 0.6 mi away
Madison at Chancellor South
School · 0.6 mi away
Trinity Temple Academy
School · 0.7 mi away
Rising Star Learning Center
Elementary · 0.7 mi away
Hawthorne Avenue School
Elementary · 0.8 mi away
Augusta Preschool Academy
School · 0.8 mi away
Union Avenue Middle School
Secondary · 0.9 mi away
Walter O. Krumbiegel Elementary School
Secondary · 0.9 mi away
Thurgood Marshall School
Elementary · 0.9 mi away
University High School
Secondary School · 0.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 107 BIDWELL AVE, Jersey City, NJ | $594,000 | 7 | — | — |
| 107 Bidwell Avenue, Jersey City, NJ | $594,000 | 7 | 3 | 1,932 |
| 15 N 3Rd St, Paterson City, NJ | $594,500 | 7 | 3 | 19,998 |
| 121 Ward St, City Of Orange Twp., NJ | $595,000 | 8 | 3 | 2,800 |
| 135 Tremont Ave, East Orange City, NJ | $599,000 | 7 | 2 | 19,998 |
| 22 Edwin Pl, Newark City, NJ | $599,000 | 8 | 3 | 1,998 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: OPTION 1 REALTY GROUP, LLC - 9736231001