262 Schley St Unit 264 Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $2,916/month
Total Views
281
5
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- 2 Car Detached Garage
- Electric Baseboard Heater
- Level Lot
- Ceiling Fan
- Private Driveway
About This Home
Welcome to this versatile 2-family home in the heart of Newark! Offering a total of 5 bedrooms and 3 full bathrooms, this property is perfect for investors or owner-occupants seeking rental income potential. The first unit has some recent updates, including a renovated bathroom, and new flooring. 2nd Unit offers 2bedrooms with possibility of a 3rd bedroom, one bath. The third floor has a separate entrance that offers a fantastic bonus level featuring a large bedroom and bathroom combo. Both units offer spacious layouts with ample natural light and high ceilings with generous bedroom sizes. A full unfinished basement provides extra storage or potential for additional living space & a Large Private Driveway. Conveniently located near transportation, Hospitals, parks, and shopping, This home combines practicality with opportunity. Don't miss your chance to own a multifamily property in one of Newark's rapidly growing neighborhoods! Property Being Sold Strictly in AS-IS condition. No credits or repairs will be provided. The buyer is responsible for obtaining the Certificate of Occupancy from the city of Newark.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,389
Year Built
- Built in 1927
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Private Driveway
- On-Street Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Fire and Smoke Detector
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Window Unit Cooling System
- Radiator
- Electric Baseboard Heater
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 1614-03733-0000-00075-0000-
- Tax Block *
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,263 | $168,000 | $20,000 | $148,000 |
| 2022 | $6,276 | $168,000 | $20,000 | $148,000 |
| 2021 | $6,273 | $168,000 | $20,000 | $148,000 |
| 2020 | $6,384 | $168,000 | $20,000 | $148,000 |
| 2019 | $6,318 | $168,000 | $20,000 | $148,000 |
| 2018 | $6,204 | $168,000 | $20,000 | $148,000 |
| 2017 | $5,981 | $168,000 | $20,000 | $148,000 |
| 2016 | $5,779 | $168,000 | $20,000 | $148,000 |
| 2015 | $5,559 | $168,000 | $20,000 | $148,000 |
| 2014 | $5,210 | $168,000 | $20,000 | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | For Sale | $430,000 | -- | -- |
Source: Garden State MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $103,000 | New Conventional |
Source: Public Records
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Source: Garden State MLS
MLS Number: 3962665
APN: 14-03733-0000-00075
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