Properties

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.

Features

  • Heating System : 1 Unit
  • Cooling System : Central Air
  • Basement
  • Basement Description: Full, Walkout
  • Kitchen : See Remarks
  • Roof Deck : Asphalt Shingle
  • Parking Description: None, Off-Street Parking
  • Furnished : Tile, Wood, Carpeting
  • Interior Features: StallShw,WlkInCls
  • Exterior Features: Open Porch(es)
  • Lot Description: Level Lot
  • Master Bath Features: Stall Shower
  • Tax Assessed Valuation: 197700
  • Sewer: Public Sewer
  • Style: Ranch, Detached, Fixer Upper
  • Water: Public Water

Appliances

  • Appliances Description: Sump Pump
  • Utilities: Electric

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 292273
  • Tax: 7370
  • Tax Year: 2023
  • Application Fee: $0
  • Zoning: Residential

Residential

$340,000

86 Chancellor Ave, Newark City, *

  • SQFT 50 Acre
  • Bedroom 3
  • Bathroom 1.2
  • Built Year 1940

Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Listing Type:
  • Listing ID: 5317699
  • Price: $340,000
  • Bedrooms: 3
  • Bathrooms: 1.2
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Square Footage: 0 Sqft
  • Year Built: 1940
  • Year Built Description: Approximate
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Chancellor Ave
  • Street Number: 86
  • Street Direction: Elizabeth Ave to Chancellor Ave
  • Building Name: 86
  • Floor Number: 2
  • Longitude: W75° 47' 13''
  • Latitude: N40° 42' 15.8''
  • Unit Number: 1
  • Internet Display Address: No
Property