NOT LISTED FOR SALE

55 Schley St Unit 2 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $718,474 - $802,000

3 Beds
1 Bath
4,161 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 55 Schley St Unit 2, Newark, NJ 07112 and is currently estimated at $749,369, approximately $180 per square foot. 55 Schley St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Katz Joseph M
Bought by
55 Schley Llc
Current Estimated Value
$749,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$517,116
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$209,958

Purchase Details

Closed on
Apr 12, 2021
Sold by
Schley Equities Llc
Bought by
Katz Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Griffith Anthony W
Bought by
Schley Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2005
Sold by
Banks Frederick
Bought by
Griffith Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
55 Schley Llc $740,000 1St Rate Title
Katz Joseph M -- Stewart Title
Schley Equities Llc $260,000 Riverside Abstract Llc
Griffith Anthony $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Schley Llc $518,000
Closed 55 Schley Llc $518,000
Previous Owner Katz Joseph M $367,500
Previous Owner Schley Equities Llc $280,000
Previous Owner Griffith Anthony $270,000
Source: Public Records

Tax History Compared to Growth

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 $8,067 $216,400 $27,900 $188,500
2024 $8,067 $216,400 $27,900 $188,500
2023 $8,085 $216,400 $27,900 $188,500
2022 $8,085 $216,400 $27,900 $188,500
2021 $8,080 $216,400 $27,900 $188,500
2020 $8,223 $216,400 $27,900 $188,500
2019 $8,139 $216,400 $27,900 $188,500
2018 $7,992 $216,400 $27,900 $188,500
2017 $7,704 $216,400 $27,900 $188,500
2016 $7,444 $216,400 $27,900 $188,500
2015 $7,161 $216,400 $27,900 $188,500
2014 $6,711 $216,400 $27,900 $188,500
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

55 Schley St Unit 2, Newark, NJ

This home is located at 55 Schley St Unit 2, Newark, NJ 07112 and is currently estimated at $749,369, approximately $180 per square foot. 55 Schley St Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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