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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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126 Scofield St , Newark City, NJ 07106
$700,000
Est. Payment: $3,562.45/mo
8 Bed
4 Bath
0 Sqft
Status: pending | Days on site: 31
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

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.

Highlights

Listed by BRENDAN DASILVA , MP KELLER WILLIAMS - NJ METRO GROUP , 973-783-7400. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1922

County

Essex

Listing ID

4033370

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Other:Public Water

Exterior Features

Lot Dimensions:48X126
Roof:See Remarks
Others:Brick,1 Car Width
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$3,562
Taxes
$827

Home Price

$700,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,562.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,562.45 $826.75 $0.00 $4,389.20
Yearly $42,749.34 $9,921.00 $0.00 $52,670.34
Total $1,282,480.33 $297,630.00 $0.00 $1,580,110.33

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS