86 Chancellor Newark City, 07112
Welcome to this beautiful ranch style single-family home that presents an exceptional investment opportunity! Located near Weequahic Park, this residence boasts with potential 3/4 bedrooms, 2.5-3 bathrooms, spread over 2 floors including the basement. This property offers endless possibilities for customization and enhancement with low taxes and a prime location. Upon entry, you'll be greeted by an inviting open-plan concept. The first floor features a spacious master bedroom with an the opportunity to create an additional 2/3 bedrooms. Estimated rehab work is $125k-$150k The current owners lender estimated after-repair value of $500K+. A renovated basement adds further value, providing additional recreational space and elevating the after-repair value. Located near all modes of public transportation and just minutes from NJ Turnpike, providing an easy commute to NY. Direct end buyers only; no wholesalers pls.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyEssex
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number3903121
- Home Size Source N/A
- Year Built1940
- Lot Size0.11 Acres
- Full BathsN/A
- Partial Baths2
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General Features
- Style Ranch
- Construction Brick
- Parking None
- Sewer Public Sewer
- Basement Unfinished
- Acreage 0.11
- Water Public
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Attached Garage No
- Zoning RES-1
Interior Features
- Cooling None
- Heating Heat Source: Gas- NaturalHeating Type: 1 Unit
- Appliances See Remarks
- Fireplaces 0
Exterior Features
- Roof Asphalt