Properties

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.

Features

  • Heating System : Baseboard - Cast Iron
  • Cooling System : Central Air
  • Basement
  • Basement Description: Unfinished
  • Kitchen : See Remarks
  • Roof Deck : Asphalt Shingle
  • Parking Description: None
  • Furnished : Carpeting
  • Exterior Features: Open Porch(es)
  • Tax Assessed Valuation: 197700
  • Sewer: Public Sewer
  • Style: Ranch
  • Water: Public Water

Appliances

  • Appliances Description: Sump Pump
  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 305554
  • Tax: 7518
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Commercial

Residential

$350,000

86 88chancellor Ave, Newark City, *

  • SQFT 50 Acre
  • Bedroom 3
  • Bathroom 1.2
  • Built Year 1920

Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Listing Type:
  • Listing ID: 5391431
  • Price: $350,000
  • Bedrooms: 3
  • Bathrooms: 1.2
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Historical
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: 88chancellor Ave
  • Street Number: 86
  • Street Direction: Elizabeth Ave to Chancellor Ave
  • Floor Number: 0
  • Longitude: W75° 47' 13''
  • Latitude: N40° 42' 15.8''
  • Internet Display Address: No
Property