$314,900

101 Schley St Newark City, NJ 07112

$3,739
Closing credit¹
3 beds
2 full
0.06 acres
Multi-Family

Property details

About 101 Schley St

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!

Highlights

Home typeMulti Family
HeatingOther
StatusActive
BasementYes
Lot size0.06 Acres
Year built1925
Parking1 Car Width, Detached Garage
MLS #3954259
Garage1 space

Summary

  • MLS Number: 3954259
  • Office Name: AMERICAN REALTY SERVICES GROUP
  • Office Phone: (973) 258-0888

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: 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 an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a porch

$314,900

101 Schley St

$3,739

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Thurgood Marshall Elementary School

Public District PK-5

0.5 mi

141 Montgomery Ave # 181

3

Mt. Vernon Avenue Elementary School

Public District KG-5

0.8 mi

54 Mount Vernon Ave

4

George Washington School

Public District 5-5

0.9 mi

1530 Leslie St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,214. Typical income of Newark City, NJ residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
43%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
37%
Single, with Kids
9%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 101 Schley St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $314,900.

The number of homes for sale in Newark City, NJ increased by 25.1% between February and March 2025. Listings spent 95 days on the market in March 2025, and had a median list price of $489,068 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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