37 Schley Street, Unit 3

Newark, NJ 07112

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

Description

Excellent opportunity to own this recently renovated 2 fam with bonus unit in the Weequahic section. 3 bedrooms on the 1st and 2nd floors as well as a full 1 br unit on the 3rd floor. Fully occupied with below market rents. Live in one unit and use the rents from the other 2 toward your mortgage. Home has low taxes, is located near schools and transportation and is perfect for 1st time homebuyers. Welcome to the new Newark renaissance!Excellent opportunity to own this recently renovated 2 fam with bonus unit in the Weequahic section. 3 bedrooms on the 1st and 2nd floors as well as a full 1 br unit on the 3rd floor. Fully occupied with below market rents. Live in one unit and use the rents from the other 2 toward your mortgage. Home has low taxes, is located near schools and transportation and is perfect for 1st time homebuyers. Welcome to the new Newark renaissance!
  1. Listed by MICHELLE CHRISTIE • RE/MAX VILLA REALTORS

Property Details for 37 Schley Street, Unit 3

Directions
Nye Avenue to Schley Street
Days On Market
77
Section/Subdiv/Development
Weequahic

Location

Add your commute
LISTING UPDATED: 10/12/2023 03:02 AM

Property Details for 37 Schley Street, Unit 3

StatusSold
MLS #3783925
Days on Market77
Taxes$7,546 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1918
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Add your commute

Building Information for 37 Schley Street, Unit 3

Stories-Residences3Year Built1918Building Size-Lot Size0.06 AC / 2,613 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, Unit 3

Summary
Location and General Information
  • Zoning: residential
  • Building #: 37
  • Active Days on Market: 76
  • Renovated Year: 2022
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 3083
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Tan/Grey
  • Town #: 1614.0
  • Unit #: 3
  • Street # Display: 37.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Schley St
  • Zip Code: 07112-1124
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,546
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 198600.0
  • Tax ID For Property: 1614-03083-0000-00043-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Irregular Lot
  • Lot Identifier: 43
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1918
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 172300.0
  • Assessment Land: 26300.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Electric
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco, Vinyl Siding
  • Exterior Features: Partially Fenced, Sidewalk
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1300.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 800.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1300.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 800.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Electric
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Heat
  • Unit 3 Rent: 900.0
  • Unit 3 Room Description: Bedrooms, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 600.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $99,999,999.00
  • Net Operating Income: $99,999,999.00
  • Gross Operating Income: $99,999,999.00

Property History for 37 Schley Street, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 37 Schley Street, Unit 3

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.

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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, MICHELLE 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 05/13/2024 07:12 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.