86-88 Chancellor Ave, Newark, NJ 07112
- Beds
- 3
- Baths
- 3
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- 3
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 3
- Number of bathrooms
- 3
Interior features
- Basement
- Yes
Exterior features
- Waterfront
- None
Utilities
- Heating
- Gas, Baseboard
- Cooling
- None
Taxes
- Tax Annual Amount
- $7,518
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: New Jersey MLS (IDX) MLS®#: 25037184 Last checked: …

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