126 Scofield St

Newark City, NJ 07106


 

Price: $700,000

GSMLS:  4033370
Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: 30-Car
Year Built: 1922
Acres: 0.14
Property Tax: $9,921
Description
Open House Saturday 11AM–1PM.
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, 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.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
Brick
Lot Size:
48X126
Lot Desc:
n/a
Parking
Garage Capacity:
30-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
1
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$700,000
Tax Amount:
$9,921
Land Assessment:
$27,800
Build. Assessment:
$220,300
Total Assessment:
$248,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4033370
List Date:
06-09-2026
Days On Market:
2
Listing Broker:
KELLER WILLIAMS - NJ METRO GROUP
Listing Agent:
Brendan Dasilva
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: SeasonsGlenCondos.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox