86-88 Chancellor Avenue
Newark, NJ 07112

$340,000

Beds: 3
Baths: 1 | 2
Sq. Ft.: N/A
Type: House
Listing #24032900
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.

Listing Courtesy of Darrell Bailey, EXP Realty, LLC - (866) 201-6210

Property Features
Location Information
County: ESSEX
Interior Features
Total Rooms: 5
Number of Fireplaces: 0
Heating: Gas
Exterior Features
Style: Ranch
Exterior: Brick
Parking Description: None
Garage Spaces: 0
Lot Description: Regular
Additional Information
Property Type: SFR
Tax Amount: $0
Miscellaneous: Central Vac


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Source: New Jersey Multiple Listing Service, Inc.

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NJMLS (New Jersey) data last updated at October 22, 2024 9:15 PM ET