Attention Investors! Discover the potential of this two-family handyman special, complete with a detached garage and an unfinished basement. While the property requires substantial repairs, it represents a fantastic store of value with excellent resale and rental potential. Each of the two apartments, featuring 4 and 5 rooms respectively, is just waiting for your rejuvenation touch. This prime location is only 4.5 miles from the Newark train station, offering a direct route to NYC, 4.5 miles to Newark International Airport, and just 15 miles to New York City. Don't miss out on this incredible opportunity to bring your cash or renovation financing buyers and transform this diamond in the rough into a shining gem!
Under contract
$314,900
101 Schley St, Newark City, NJ 07112
3beds
--sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Detached garageUnfinished basement
- 29 days
- on Zillow |
- 2,847 |
- 185 |
Zillow last checked: April 29, 2025 at 11:55pm
Listing updated: April 23, 2025 at 05:55am
Listed by:
Patrick Fox Jr 973-258-0888,
American Realty Services Group
Source: GSMLS,MLS#: 3954259

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiators - Hot Water
Appliances
- Included: See Remarks
Features
- Bedrooms, Kitchen, Living Room
- Basement: Yes,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Width, Detached Garage
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 28 x 100
Details
- Parcel number: 1614030840000000580000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1925
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $118,600
- Annual tax amount: $4,510
- Date on market: 4/2/2025
- Total actual rent: 0
- Electric utility on property: Yes
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