For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    40 Schley St Newark, NJ 7112

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,999,999

    Two-family property with garage and potential ADU development.

    Type:Multi Family
    Added:
    Apr 15, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 1 at 4:40 am

    Property Features for 40 Schley St

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    TAIESHA MURCHISON

    Listing agent TAIESHA MURCHISON

    Listing office

    Listing date Apr 15, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of TAIESHA MURCHISON


    Overview

    Two Lots with Income Potential

    This property presents an opportunity to own two lots. The property at 40 Schley Street features a spacious two-family home, delivered vacant. The first-floor unit includes four bedrooms. The second-floor unit has three bedrooms, a dining room, laundry facilities, and a den. The property also features a partially finished basement with three rooms and unfinished bathroom with laundry hookups. Additionally, the property at 38 Schley Street includes a two-car garage, with the potential to add an Accessory Dwelling Unit (ADU) above it. The location has a walk score of 80, indicating it is very walkable, a transit score of 59, indicating good transit options, and a bike score of 41, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2174111
    Latitude
    40.719036

    FAQs

    What type of property is this?
    Duplex - Two-family property with garage and potential ADU development.
    Where is this duplex located?
    The property is located at 40 Schley St Newark, NJ.
    What is the asking price?
    The asking price for this property is $4,999,999.
    What are key features of this property?
    This property features: Spacious Two‑Family Home delivered vacant, ready for your vision.; Two Lots Included in Sale.; First Floor Unit: Boasts 4 Bedrooms.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message