$719,000
PENDING

51 Schley St Unit 53 Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $4,848/month

Total Views 3,615
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Located at 51 Schley St in Newark, this expansive 3-story multi-family home presents an excellent investment opportunity or a spacious living arrangement. Featuring 9 bedrooms and 6 bathrooms, the property offers generous living space across three well-designed floors. Each level is thoughtfully laid out for privacy and functionality, with large living areas and an abundance of natural light. The home retains classic charm while providing the potential for updates and customization. Additional highlights include a private backyard, perfect for outdoor gatherings or relaxation, and a detached garage for added convenience. Situated in a prime location, this property is close to local amenities, public transportation, and major highways, providing easy access to downtown Newark, schools, shopping, and entertainment. Whether you're looking for a multi-family investment or a large home, 51 Schley St is a remarkable opportunity.

Listing Agent

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 347-470-6144 Listed on: 05/14/2025

KELLER WILLIAMS MID-TOWN DIRECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,158

Year Built

  • Built in 1924

Parking

  • 1 Car Detached Garage
  • Private Driveway

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator

Additional Features

  • Basement Fills Entire Space Under The House
  • 37 Sq Ft Lot

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03083-0000-00035-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,158

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1924
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 51
  • Directions: Nye Ave to Schley St
  • I D: 5358022
  • Modified: 2025-07-03
  • Number Images: 27
  • Attribution Contact: 347-470-6144
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 21
  • Bedrooms: 9
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X100
  • Assessed Improvement Value: 264000
  • Assessed Land Value: 29400
  • Assessment: 293400
  • Lot Identifier: 35
  • 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: 11158
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03083-0000-00035-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $10,938 $293,400 $29,400 $264,000
2024 $10,938 $293,400 $29,400 $264,000
2022 $10,961 $293,400 $29,400 $264,000
2021 $10,956 $293,400 $29,400 $264,000
2020 $8,694 $228,800 $29,400 $199,400
2019 $8,605 $228,800 $29,400 $199,400
2018 $8,450 $228,800 $29,400 $199,400
2017 $8,145 $228,800 $29,400 $199,400
2016 $7,871 $228,800 $29,400 $199,400
2015 $7,571 $228,800 $29,400 $199,400
2014 $7,095 $228,800 $29,400 $199,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $719,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stewart Title
Bargain Sale Deed $320,000 Old Republic National
Deed $149,000 --
Special Warranty Deed $119,700 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Previous Owner $312,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner -- No Value Available
Previous Owner $119,000 No Value Available
Previous Owner $128,000 New Conventional
Source: Public Records

About the Listing Agent

TOVIA LICHTMAN
TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT

(201) 834-0540

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View TOVIA's Profile

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Source: Garden State MLS

MLS Number: 3963093

Garden State MLS

APN: 14-03083-0000-00035

New Jersey Essex County Newark 07112 Weequahic

51 Schley St Unit 53, Newark, NJ

This home is located at 51 Schley St Unit 53, Newark, NJ 07112 and is currently priced at $719,000. This property was built in 1924. 51 Schley St Unit 53 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

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TOVIA LICHTMAN
TOVIA LICHTMAN
Listing Agent Section Image
KELLER WILLIAMS MID-TOWN DIRECT
(201) 834-0540