86 88chancellor Ave, Newark City, NJ 07112
- $350,000
- 3
- BD
- 1.2
- BA
- List Price
- $350,000
- Days on Market
- 340
- Status
- ACTIVE
- MLS#
- 3992709
- Bedrooms
- 3
- Bathrooms
- 1.2
- Full Baths
- 1
- Half Baths
- 2
- Lot Size (Acres)
- 0.11
- Style
- Ranch
- Year Built
- 1920
Property Description
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.
Additional Information
- Area
- Newark City
- Basement Desc
- Unfinished
- Utilities
- Electric, Gas-Natural
- Taxes
- $7,518
- Exterior
- Brick
- Water
- Public Water
- Basement
- Yes
- Cooling
- Central Air
- Roof
- Asphalt Shingle
- Show Address
- Yes
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Listing Courtesy Of EXP REALTY, LLC, Contact: 973-861-3653
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