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86-88 Chancellor Avenue, Newark, NJ 07112

$350,000
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Active
MLS#25037184
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Welcome to this spacious ranch-style single-family home in the highly sought out Historic District of Weequahic. Offering 3"4 bedrooms and 2.5"3 baths across two levels, including a finished basement. With low taxes, a prime location, and estimated rehab costs of $125K"$200K, this property offers strong upside potential! The lender's ARV estimate is $550K+. Highlights include an open-concept layout, a large master bedroom, and flexible space for additional bedrooms. The renovated basement adds valuable living or recreational space.Situated near public transit and just minutes from the NJ Turnpike ideal for NYC commuters. Currently in a residential zone residential but is commercial use; buyer will need to convert usage to residential. Cash or hard money only. Direct end buyers only " no wholesalers.

86-88 Chancellor Avenue | MLS# 25037184

This single family home located at 86-88 Chancellor Avenue, Newark, NJ 07112 is currently listed for sale with an asking price of $350,000. This property has 3 bedrooms and 1 full and 2 partial baths. Search Newark real estate on www.joycerealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Heating: Baseboard, Gas
Home Style: RANCH
Stories: 1.0
Taxes: $7,518

Feature Descriptions

Days on Site: 258
Exterior: Brick
Lifestyle: 1st Flr Primary Bdrm, Close/Parks, Close/School, Close/TRANSPORTATION, One Floor Living
Lot: Regular
Miscellaneous: Zoned Prof Office Use
Number of Rooms: 6
Sub-Style: 1 Story
Swimming Pool: None

Listed By / Shown By

Listing By

Agency Name: EXP Realty, LLC
Agency Phone: 866-201-6210

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 1,507.53 per month $778.95 Principal & Interest $626.50 Property Tax $102.08 Homeowner's Insurance

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