37 Schley Street

Newark, NJ 07112

$420,000
Last Sold Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Savvy Investors and homeowners looking for income toward their mortgage! This is an excellent opportunity to own this legal 2 family with bonus unit in Newark's Weequahic section. Current rents are below market value and total $3500. Potential rents over $4000. Recently renovated with large rooms, updated kitchens, and baths as well as very low taxes. Near transportation and schools. Join Newark's new renaissance.Attention Savvy Investors and homeowners looking for income toward their mortgage! This is an excellent opportunity to own this legal 2 family with bonus unit in Newark's Weequahic section. Current rents are below market value and total $3500. Potential rents over $4000. Recently renovated with large rooms, updated kitchens, and baths as well as very low taxes. Near transportation and schools. Join Newark's new renaissance.
  1. Listed by Michelle A. Christie • RE/MAX Villa Realtors-North Bergen

Property Details for 37 Schley Street

Style
2 Family
Sub style
Top/Btm
Waterfront
None
Garage
None
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LISTING UPDATED: 10/12/2022 09:59 AM

Property Details for 37 Schley Street

StatusSold
MLS #22018343
Days on Market77
Taxes$7,546 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyEssex County
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Building Information for 37 Schley Street

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$2,921 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,292

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 37 Schley Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Flood plain: None
  • Street Name: Schley
  • County Name: ESSEX
  • Status: SOLD
  • Street Number Numeric: 37
  • Zip Code: 07112
Taxes and HOA Information
  • Tax: $7,546
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 2500.0
  • Lot: 00043
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Irregular
  • Miscellaneous: None
  • Block: 03083
Property and Assessments
  • Photo: Y
  • Photo Number: 10
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Heat
  • Heatcool: Gas
  • Cooling Type: Gas
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 3
  • Baths partial: 0
  • Floor 1St: 3 br lr kitch bath
  • Floor 2Nd: 3 brs kitchen bath
  • Floor 3Rd: 1 br kitchen bath
  • Number of rooms: 11
  • Laundry: None
  • Lifestyle: None
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $449,900.00
  • Listing Date: 05-19-2022
  • Pending Date: 08-04-2022
  • Close Date: 10-11-2022
  • Status Date: 10-11-2022
  • Sale Price: $420,000
Showing Information
  • Internet Remarks: Attention Savvy Investors and homeowners looking for income toward their mortgage! This is an excellent opportunity to own this legal 2 family with bonus unit in Newark's Weequahic section. Current rents are below market value and total $3500. Potential rents over $4000. Recently renovated with large rooms, updated kitchens, and baths as well as very low taxes. Near transportation and schools. Join Newark's new renaissance.

Property History for 37 Schley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 37 Schley Street

Taxable ValueLand$26,300Additions$172,300Total$198,600
Tax Record2021$7,416 ($618 / month)
Home Facts
Beds0Total Finished SqFt2,311 SqFtAbove Grade Finished SqFt2,311 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1916CountyESSEXAPN14 03083-0000-00043

Schools near 37 Schley Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Thirteenth Avenue Elementary School
PublicPK to 8

Technology High School
Public9 to 12

Mount Vernon Elementary School
PublicPK to 8

Lincoln Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Villa Realtors-North Bergen, Michelle A. Christie

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/18/2024 09:14 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.