86-88 Chancellor Avenue Newark, NJ 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 TypeFarm
- NeighborhoodN/A
- CountyEssex
- Taxes$7,370
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number24015865
- Home Size Source N/A
- Year Built1940
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 86-88 Chancellor Avenue Newark, NJ 07112
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| 4 weeks ago |
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General Features
- Style 1 Story
- Construction Brick
- Parking None
- Basement FullUnfinished
- Property Sub Type Ranch
Interior Features
- Heating Gas
- Fireplace Features None
- Fireplace No
Exterior Features
- View None
- Waterfront Property No
- Waterfront Features None
- Exterior Close/ ParksClose/ SchoolClose/ TransClose/ Wrshp1st Flr Primary BdrmOne Floor Living
Community Features
- Association Amenities None
- Township Newark
- MLS Area Newark