40 Schley St, Newark, NJ 07112

Newark
Local realty services provided by:ERA Reed Realty, Inc.
40 Schley St,Newark City, NJ 07112
$499,999
  • 7 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taiesha murchison
Office: conley realty973-757-2185
MLS#:4017713
Source:NJ_GSMLS

Price summary

  • Price:$499,999

About this home

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! Come renovate make 3 bed 2 bath each unit ARV $799K

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Home facts

  • Year built:1940
  • Listing ID #:4017713
  • Added:37 day(s) ago
  • Updated:May 07, 2026 at 02:13 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:13
  • Basement Description:Basement, Finished, Full, Partial

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Lot area:0.06 Acres
  • Lot Features:Possible Subdivision
  • Architectural Style:2-Two Story

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,999
  • Tax amount:$5,834 (2025)

Features and amenities

  • Amenities:Gas In Street

Parking

  • Parking description:2 Car Width, Blacktop Driveway, Detached Garage
  • Garage spaces:2
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. This information is being provided 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. Date Last Updated May 7, 2026

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