272 Schley St

Newark City, NJ 07112


 

Price: $845,000

GSMLS:  4031561
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 6 Full
Garage: No
Year Built: 2026
Acres: 0.09
Property Tax: $6,326
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Garage Parking, See Remarks
Parking:
2 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
3
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
3
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
2
Total Rooms:
4
Room Description:
Attic, Bedrooms, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
3 Units
Water Heater:
n/a
Water:
Association
Sewer:
Association
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$845,000
Tax Amount:
$6,326
Land Assessment:
$20,000
Build. Assessment:
$138,200
Total Assessment:
$158,200
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4031561
List Date:
06-02-2026
Days On Market:
3
Listing Broker:
OPTION 1 REALTY GROUP, LLC
Listing Agent:
Oscar Castro
 

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3108 Route 10 West
Denville, NJ 07834
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Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox