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About This Home

This 8-bedroom, 6-bathroom residential multi family at 272 Schley St in Newark City, NJ is listed for $845,000. Built in 2026, on a 0.09 acres lot.

Agent Description

Completely renovated 2-family property offering the perfect opportunity for both homeowners and investors. Each unit features beautiful white shaker cabinets, elegant white quartz countertops, stainless steel appliances, and modern finishes throughout.

Enjoy the comfort of central air conditioning and forced hot air heating in both units. Washer and dryer hookups are available for added convenience.The property is fully fenced with a private gated entrance, providing privacy and security. This spacious property also includes a finished attic and finished basement, offering additional living space and flexibility.

Two separate driveways, one on each side of the property, provide ample parking and convenience.Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey income-producing property. Conveniently located near major highways, public transportation, schools, shopping, and local amenities. A great opportunity to generate rental income while enjoying comfortable living in one of the units. Don?t miss this fully renovated, move-in-ready, income-producing property.

Key Features

  • Built in 2026
  • 0.09 acre lot
  • 2 parking spaces

Property Details

6 full
2 spaces
2026

Amenities

Basement

Monthly Cost Estimate

$4,519/mo

20% down · 6.5% · 30 years

Principal$611
Interest$3,662
Insurance$246

Estimates only. Actual payments may vary.

Location

272 Schley St

Newark City, NJ 07112

Property Details

Construction

Aluminum Siding

Cooling

Multi Units

Appliances

DishwasherDryerMicrowaveOven - GasRangeRefrigeratorWasher

Questions & Answers

This 8-bedroom, 6-bathroom residential multi family at 272 Schley St is listed at $845,000. The estimated monthly payment is $3,662 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 0.09 acre lot, 2 parking spaces.

This property is listed by OSCAR CASTRO and can be reached at 9734194953 or LUCASMICHAEL14@GMAIL.COM.

OC

OSCAR CASTRO

Agent at OPTION 1 REALTY GROUP, LLC

(973) 419-4953

Listed by OPTION 1 REALTY GROUP, LLC · View on Broker Site

MLS# 4031561· Source: listhub· Updated 1 days ago

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

272 Schley St, Newark City, NJ 07112

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