Residential For Sale

86-88 Chancellor Avenue, Newark, Nj 07112

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Property Description

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.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 24032900
Price : $340,000
Status : Active
Office Name : EXP Realty, LLC
Agent Name : Darrell
Features
Cooling System : Central Air
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° 44' 56.7''
Latitude : N40° 43' 21.6''
Additional Information
On Market Date : 2024-10-10
Lot Features : Regular
Listing Information
Co List Agent Mls Id : 1018950
List Agent Mls Id : 1014162
List Office Mls Id : 2847
Mls Status : Active
Modification Timestamp : 2025-03-17T11:12:50Z
Originating System Name : njmls
Status Change Timestamp : 2025-03-04
Residential For Sale
  • Listing ID : 24032900
$340,000
Agent info
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