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About This Home
This 3-bedroom, 3-bathroom single family at 86 88chancellor Ave in Newark City, NJ is listed for $350,000. Built in 1920, on a 0.11 acres lot.
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.
Key Features
- Built in 1920
- 0.11 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
86 88chancellor Ave
Newark City, NJ 07112-2248
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom single family at 86 88chancellor Ave is listed at $350,000. The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.11 acre lot. Exterior Features: Open Porch(es).
This property is listed by PRUVI PIERRE and can be reached at 8662016210 or NJ.Broker@eXpRealty.net.