Skip To Content

40 Schley St

Newark City, NJ 07112
  • $499,999
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 4017713
Price Reduced
UPDATED: 51 min ago
$499,999
  • 7
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Come see this amazing opportunity to own 2 lots! 2 car Garage on 38 Schley possible chance to add ADU above garage!! Update the 2 family on 40 schley and make a ton money on this spacious 2 family. 4 bedrooms in 1st floor unit 3 bedrooms plus dining room, Laundry, and den in 2nd floor unit WHOLE HOUSE DELIVERED VACANT Plus partially finished basement with 3 rooms and with unfinished bathroom all hookups Laundry also!

Monthly Payment Calculator



Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-11T06:49:32.33.
www.teambraconihomesales.com/homes/174612096
Print Image

40 Schley St Newark City, NJ 07112

  • Price: $499,999
  • Status: Active
  • On Site: 10 Days
  • Updated: 51 min ago
  • MLS #: 4017713
7
Beds
2
Baths
0
½ Baths
0.06
Acres
1940
Built
County:
Essex
Area:
Newark City
Property Description
Come see this amazing opportunity to own 2 lots! 2 car Garage on 38 Schley possible chance to add ADU above garage!! Update the 2 family on 40 schley and make a ton money on this spacious 2 family. 4 bedrooms in 1st floor unit 3 bedrooms plus dining room, Laundry, and den in 2nd floor unit WHOLE HOUSE DELIVERED VACANT Plus partially finished basement with 3 rooms and with unfinished bathroom all hookups Laundry also!
Exterior Features

Approximate Lot Size 25X100 Exterior Description See Remarks Garage Description Detached Garage Lot Description Possible Subdivision Number Of Parking Spaces 2 Parking Driveway Description 2 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFullPartial Cooling See Remarks Heating See Remarks Total Number Of Rooms 13 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In Kitchen Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 1100 Unit2 Appliances Equipment DryerRange/Oven - GasRefrigeratorWasher Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDenDining RoomEat-In Kitchen Unit2 Rooms 6 Unit2 Sq Ft 1150

Property Features

Assessment Total 145900 Building Assessment 119600 Easement No Expenses Include Cold WaterInsuranceSee Remarks Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 65000 Land Assessment 26300 Net Operating Income 55000 Sewer Public Sewer Tax Amount 5834 Tax Rate Amount 3.999 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 10000 Unit Style 2-Two StoryFixer Upper Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2600 Unit2 Security Deposit 0 Utilities Gas In Street Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-757-2185.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-11T06:49:32.33.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_4017713-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_4017713-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_4017713-2.jpg
Logo
Team Braconi | Keller Williams Village Square Realty
74 Godwin Avenue
Ridgewood NJ, 07450