86-88 Chancellor Avenue, Newark, NJ 07112

Local realty services provided by:ERA Queen City Realty
#1#2#3
86-88 Chancellor Avenue,Newark, NJ 07112
$350,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Pending
Listed by:darrell bailey
Office:exp realty, llc.
MLS#:24032900
Source:NJ_MLS

Price summary

  • Price:$350,000

About this home

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. Current usage is commercial. It is in a residential zone and would need to be converted. Property does not qualify for

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Home facts

  • Listing Id #:24032900
  • Added:308 day(s) ago
  • Updated:August 15, 2025 at 07:30 AM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas

Finances and disclosures

  • Price:$350,000
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: August 15, 2025. Source: New Jersey Multiple Listing Service, Inc. 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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