Welcome to 124-126 Schofield Street, a spacious and well-maintained multifamily property located in Newark's desirable 07106 neighborhood. Offering over 4,300 square feet of living space, this impressive property presents an outstanding opportunity for both investors and owner-occupants alike. Each unit provides generous living areas, functional layouts, and ample natural light,… Read More creating comfortable spaces for residents to call home. The property's size and configuration offer excellent income-producing potential while still providing flexibility for a variety of ownership strategies. Situated on a sizable lot, the home is conveniently located near major transportation routes, public transit, schools, parks, shopping, and dining. Commuters will appreciate the easy access to Newark, New York City, and surrounding Essex County destinations. Whether you're looking to expand your investment portfolio or secure a property with strong long-term upside, 124-126 Schofield Street delivers space, convenience, and opportunity in one of Newark's most active housing markets. Don't miss your chance to own this exceptional multifamily property. Read Less
Courtesy of KELLER WILLIAMS - NJ METRO GROUP.
Listing Snapshot
Days Online
15
Last Updated
Property Type
Other
Beds
8
Lot Size
0.14 Acres
Year Built
1922
MLS Number
4033370
30 Days Snapshot Of 07106
$540k
+7%
(avg) sold price
4
-33%
homes sold
66
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1922
Cooling
Window A/C(s)
Exterior Features
Brick
Garage
30 garage spaces, Detached Garage
Water Features
Public Water
Heating
Gas-Natural, Radiators - Steam
Lot
Approximate Lot Size: 48X126, 0.14 acres
Parking
1 parking space, 1 Car Width
Property
4 units, FHA Age Restricted: No
Roof
See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $9,921, Tax Rate: 3.999
Unit One
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Four
1 bathroom, 3 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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