# 86 88chancellor Ave, Newark City, NJ 07112-2248

> **TL;DR:** 3bd/3ba single family, $350,000, built 1920.
> Basement. Est. $1,517/mo. Listed 177 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 2 half |
| Year Built | 1920 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 177 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,517 |
| **Total** | **$1,517** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1920
- 0.11 acre lot

## Description

### Agent 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.

## Location

- **Address:** 86 88chancellor Ave, Newark City, NJ 07112-2248
- **County:** Essex
- **Coordinates:** 40.70438, -74.21306
- **Google Maps:** https://www.google.com/maps?q=40.70438,-74.21306

## Listing Agent

- **Name:** PRUVI PIERRE
- **Brokerage:** EXP REALTY, LLC
- **Phone:** 8662016210
- **Email:** NJ.Broker@eXpRealty.net

## Primary Photo

![86 88chancellor Ave - Primary Photo](http://lh.rdcpix.com/a130f54c845cb74e647f5522df871a3cl-f1998501765r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/86-88chancellor-ave-newark-city-nj-07112-2248-3992709)*

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**MLS#:** 3992709 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/86-88chancellor-ave-newark-city-nj-07112-2248-3992709)

---

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