71-73 Schley St

Newark City, NJ 07112

Discover the possibilities at 71-73 Schley Street! Located in Newark's Weequahic neighborhood, this spacious two-family property offers an excellent opportunity for savvy investors or owner-occupants looking to begin their real estate investment journey while enjoying the benefits of homeownership and potential rental income. The first-floor unit features two bedrooms, one full bathroom, a comfortable living room, and an eat-in kitchen. The expansive second unit offers four bedrooms, two full bathrooms, including a primary bedroom with a private bath, a spacious kitchen, a living room, and an additional family room, providing plenty of room to spread out. Additional highlights include a full unfinished basement with laundry hookups, separate utilities, front and rear entrances, and convenient interior stairway access. Parking is a standout feature, with a detached two-car garage and a driveway accommodating 4 or more vehicles. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property offers flexibility and long-term potential. Conveniently situated near shopping, transportation, and major highways. Don't miss the opportunity to make this versatile two-family property your next investment or home! Qualified buyers may also be eligible for homebuyer assistance programs, subject to lender and program approval.