Under contract

$499,999

38-40 Schley St, Newark City, NJ 07112

7beds

2,250sqft

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Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$222/sqft

$-- HOA

What's special

Come see this amazing opportunity to own 2 lots! 2 car Garage on 38 Schley possible chance to add ADU above garage!! Update the 2 family on 40 schley and make a ton money on this spacious 2 family. 4 bedrooms in 1st floor unit 3 bedrooms plus dining room, Laundry, and den in 2nd floor unit WHOLE HOUSE DELIVERED VACANT Plus partially finished basement with 3 rooms and with unfinished bathroom all hookups Laundry also! Come renovate make 3 bed 2 bath each unit ARV $799K LAST BUYER COULDN'T PERFORM

65 days

40

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 2
Full bathrooms: 2

Heating

See Remarks, Natural Gas

Cooling

See Remarks

Appliances

Included: Range/Oven - Gas, Refrigerator, Dryer, Washer

Features

Bedrooms, Eat-in Kitchen, Den, Dining Room, Eat-In Kitchen
Basement: Yes,Finished,Full,Partial
Has fireplace: No

Interior area

Total structure area: 2,250
Total interior livable area: 2,250 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Car Width, Asphalt, Detached Garage
Garage spaces: 2
Uncovered spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100
Features: Split Possible

Details

Parcel number: 1614030730000000480000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Roof: Asphalt Shingle

Condition

Fixer
Year built: 1940

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer
Water: Public
Utilities for property: Gas In Street

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $222/sqft
Tax assessed value: $145,900
Annual tax amount: $5,834
Date on market: 5/9/2026
Total actual rent: 5400
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/10/2026	Pending sale	$499,999$222/sqft
Source: GSMLS #4026235 Report a problem
5/9/2026	Listed for sale	$499,999$222/sqft
Source: GSMLS #4026235 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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.

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