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Vacant Two-Unit Duplex

71 Schley St Unit 2, Newark, NJ 07112

For Sale
$624,900

Legal two-family property with separate utilities, private access points, off-street parking, and a full unfinished basement.

Property SizeContact for details
Days on Market54

Property Features for 71 Schley St Unit 2

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Upper Clinton Hill
Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Amenities

laundry hookups

Building Details

Year Built 1880
Listing Agency: LIFESTYLE INTERNATIONAL REALTY
Listed By: MARIA GUERRA
Source: Luminancerealty
Added: Sep 22 Changed: Nov 4 Last Checked: Nov 12 at 12:16PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This legal two-family duplex at 71 Schley St Unit 2 in Newark includes a first-floor residence with two bedrooms, one full bath, an eat-in kitchen, and a living room. The upper residence offers four bedrooms and two full baths, including a primary bedroom with a private bath, along with an eat-in kitchen, living room, and additional family room. Both units have separate utilities and front and rear access, while front and rear staircases connect the property to a full unfinished basement with laundry hookups. The property was built in 1880 and will be delivered vacant.

Parking includes a two-car garage and a driveway accommodating 4+ additional vehicles. The property is near shopping, dining, parks, public transportation, Newark Penn Station, Newark Liberty International Airport, and surrounding highways.

Key Highlights

  • Two‑family duplex with 2‑bedroom and 4‑bedroom units
  • Separate utilities and front and rear access for both units
  • Full unfinished basement with laundry hookups

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

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

Average Price Trend$/SF for Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes in Newark

Jul
Aug
Sep
Oct

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 - Legal two-family property with separate utilities, private access points, off-street parking, and a full unfinished basement.
Where is this duplex located?
The property is located at 71 Schley St Unit 2 Newark, NJ.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Two‑family duplex with 2‑bedroom and 4‑bedroom units; Separate utilities and front and rear access for both units; Full unfinished basement with laundry hookups
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