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86-88 Chancellor Avenue

Newark , NJ 07112

MLS#: 25037184

$350,000

Status: Active
Listing number: 25037184
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 2 days ago
On site: 4 months ago
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Property

Beds

3

Full Baths

1

1/2 Baths

2

Year Built

None

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • 1/2 Bathrooms

    2

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Ranch

Price

  • Sales Price

    $350,000

  • Tax Amount

    $7,518

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Private

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Location

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ESSEX

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Listing Courtesy of Pruvi Pierre , EXP Realty, LLC

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Patrick Bolger

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(973) 945-9979

patrickbolger@kw.com


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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

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