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Residential For Sale

86-88 Chancellor Avenue, Newark, NJ 07112

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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.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
25037184
Price:
$350,000
Year Built:
1900-1939
Status:
Active
Office Name:
EXP Realty, LLC
Agent Name:
Pruvi
Features
Cooling System:
None
Basement:
Full
Parking:
None
Architectural Style:
Ranch
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07112
Street:
Chancellor
Street Number:
86-88
Street Suffix:
Avenue
Longitude:
W75° 47' 12.1''
Latitude:
N40° 42' 16.5''
Additional Information
On Market Date:
2025-10-16
Lot Features:
Regular
Financial
Tax Annual Amount:
7518
Listing Information
List Agent Mls Id:
1018950
List Office Mls Id:
2847
Mls Status:
Active
Modification Timestamp:
2026-03-05T15:03:00Z
Originating System Name:
njmls
Status Change Timestamp:
2026-03-05
Residential For Sale
Listing ID:
25037184
$350,000
Agent info
Contact Agent

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