$845,000

272 Schley St Unit 274 Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $5,131/month

Total Views 461
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

OSCAR CASTRO

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-623-1001 Listed on: 06/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,326

Year Built

  • Built in 2026

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Underground Utilities

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03733-0000-00070-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,326

Year Built

Built in 2026

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2026
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Chancellor Ave to Fabyan Pl to Schley St.
  • I D: 5436494
  • Attribution Contact: 973-623-1001
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Parking
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Association
  • Utilities: All Underground
  • Water: Association

Lot Info

  • Lot Size: 40X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6326
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03733-0000-00070-0000-
  • Tax Rate Amount: 3.999
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,326 $158,200 $20,000 $138,200
2025 $6,326 $158,200 $20,000 $138,200
2024 $5,898 $158,200 $20,000 $138,200
2022 $5,910 $158,200 $20,000 $138,200
2021 $5,907 $158,200 $20,000 $138,200
2020 $6,012 $158,200 $20,000 $138,200
2019 $5,950 $158,200 $20,000 $138,200
2018 $5,842 $158,200 $20,000 $138,200
2017 $5,632 $158,200 $20,000 $138,200
2016 $5,442 $158,200 $20,000 $138,200
2015 $5,235 $158,200 $20,000 $138,200
2014 $4,906 $158,200 $20,000 $138,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 For Sale $845,000 -- --
Source: Garden State MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $282,000 Nu World Title
Source: Public Records

Source: Garden State MLS

MLS Number: 4031561

Garden State MLS

APN: 14-03733-0000-00070

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