Schenn will miss Thursday's game against the New York Rangers at the Wells Fargo Center. Schenn will forfeit $4,702.70.
The hit occurred in the second period of New Jersey's 3-0 win over the Flyers on Tuesday in Newark, N.J. No penalty was assessed on the play.
Schenn, 21, has one assist and five penalty minutes this season, as Philadelphia has stumbled to an 0-3 start. Last year, he appeared in 54 games, posting 12 goals and 18 points. He also blocked 26 shots.
In the offseason, the Flyers acquired Schenn's brother, Luke, a defenseman, from Toronto.