86 Chancellor Ave #1
Newark City, NJ 07112
$340,000
Beds: 3
Baths: 1 | 2
Sq. Ft.: N/A
Type: House
Listing #3928614
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.
Property Features
County: Essex
Community Living: No
Latitude: 40.70438
Longitude: -74.21306
Directions: Elizabeth Ave to Chancellor Ave
Total Rooms: 5
Interior: StallShw, WlkInCls
Master Bedroom Description: 1st Floor
1/2 Baths: 2
Kitchen Description: See Remarks
Has Fireplace: No
Number of Fireplaces: 0
Heating: 1 Unit
Heating Fuel: Gas-Natural
Cooling: Central Air
Floors: Carpeting, Tile, Wood
Modified for physical disabilities: No
Appliances: Sump Pump
Basement Description: Full, Walkout
Has Basement: Yes
Style: Ranch, Detached, Fixer Upper
Exterior: Open Porch(es)
Siding: Brick
Roof: Asphalt Shingle
Sewer: Public Sewer
Water: Public Water
Utilities: Electric
Has Garage: No
Garage Spaces: 0
Driveway: None, Off-Street Parking
Parking Spaces: 0
Has a Pool: No
Lot Description: Level Lot
Lot Size: 50X100
Lot Size in Acres: 0.11
Zoning: Residential
Garage Description: None
Elementary School: CHANCELLOR
Jr. High School: CHANCELLOR
High School: CHANCELLOR
Property Type: SFR
Property SubType: Single Family
Year Built: 1940
Status: Active
Senior Community: No
Tax Amt / Rate / Rate Yr / Yr: 7370 / 3.728 / 2023 / 2023
Tax Year: 2023
Tax Amount: $7,370
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative:
EXP REALTY, LLC
EXP REALTY, LLC
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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
GSMLS (Broker IDX) data last updated at October 22, 2024 7:00 PM ET
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