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.
Active
$845,000
272 Schley St, Newark City, NJ 07112
8beds
29,997sqft
Multi Family
Built in 2026
-- sqft lot
$856,400 Zestimate®
$28/sqft
$-- HOA
What's special
Finished basementAmple parkingCentral air conditioningForced hot air heatingFinished atticModern finishes throughoutElegant white quartz countertops
- 37 days |
- 243 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Oscar Castro 973-623-1001,
Option 1 Realty Group, Llc
Source: GSMLS,MLS#: 4031561
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- 3 Units, Natural Gas
Cooling
- 3 Units
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, See Remarks, Dryer, Microwave Oven
- Laundry: Laundry Room
Features
- Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen, Attic, See Remarks
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 29,997
- Total interior livable area: 29,997 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Garage, See Remarks
- Has garage: Yes
- Uncovered spaces: 2
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 3,920 Square Feet
- Dimensions: 40 x 100
Details
- Parcel number: 1614037330000000700000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 2026
Utilities & green energy
- Sewer: Association
- Water: Association
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $158,200
- Annual tax amount: $6,326
- Date on market: 6/2/2026
- Total actual rent: 29997
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$856,400
$814,000 - $899,000
$3,093/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $845,000$28/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Weequahic
Nearby schools
GreatSchools rating
- 4/10Chancellor Avenue Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.3 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07112
- Weequahic
- 272 Schley St







