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Two-Unit Duplex with Garage
New
For Sale
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71-73 Schley Street, Newark, NJ 07112

Separate utilities and front and rear entrances serve the property's two residential units.

Property SizeContact for details
Days on Market2

Property Features for 71-73 Schley Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Neighborhood Upper Clinton Hill
Highway Access Yes

Units

Unit Mix 2BR/1BA, 4BR/2BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Furnished No
Listing Agency: Lifestyle International Realty
Listed By: Maria Guerra
Source: Capmarkrealty
Added: Oct 24 Last Checked: Oct 24 at 3:00PM

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 Lifestyle International Realty

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Investment Insights

Based on property information with market context.

This Newark duplex contains two apartments with distinct layouts. The first-floor residence has two bedrooms, one full bathroom, a living room, and an eat-in kitchen. The upper unit includes four bedrooms and two full bathrooms, with a private bath in the primary bedroom, plus a kitchen, living room, and family room. A full unfinished basement has laundry hookups, and an interior staircase connects the units. Separate utilities and front and rear entrances add to the property's functional configuration.

Parking includes a detached two-car garage and a driveway with space for 4 or more vehicles. The property is in Newark's Weequahic neighborhood, near shopping, transportation, and major highways.

Key Highlights

  • Two residential units: one with 2 bedrooms and 1 full bathroom; the other with 4 bedrooms and 2 full bathrooms
  • Upper apartment includes a primary bedroom with private bath, plus a living room, kitchen, and family room
  • Full unfinished basement with laundry hookups

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,532
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities and front and rear entrances serve the property's two residential units.
Where is this duplex located?
The property is located at 71-73 Schley Street Newark, NJ.
What are key features of this property?
This property features: Two residential units: one with 2 bedrooms and 1 full bathroom; the other with 4 bedrooms and 2 full bathrooms; Upper apartment includes a primary bedroom with private bath, plus a living room, kitchen, and family room; Full unfinished basement with laundry hookups
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