$330,000
Active
25 Days Online
3 Beds0 Baths0 SQFT
Active

86 Chancellor Newark City, 07112

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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

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Monthly Payment (Est.)

$1,748
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