86 88chancellor Ave, Newark, NJ 07112

Local realty services provided by:Better Homes and Gardens Real Estate Green Team
86 88chancellor Ave,Newark City, NJ 07112
$350,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by:pruvi pierre
Office:exp realty, llc.
MLS#:3992709
Source:NJ_GSMLS

Price summary

  • Price:$350,000

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:3992709
  • Added:1 day(s) ago
  • Updated:October 15, 2025 at 09:58 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:1
  • Half bathrooms:2

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard - Cast Iron

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Lot area:0.11 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Tax amount:$7,518 (2024)
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