86 Chancellor Newark City, NJ $ 330,000
86 Chancellor
$ 330,000
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86 Chancellor

Newark City, NJ, 07112
$ 330,000
Bedrooms3 Baths0.2

Monthly Estimate*

$ 2,193

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Single Family Home for sale in Newark City, NJ for $330,000 with 3 bedrooms and 2 half baths. This home was built in 1940 on a lot size of 0.11.

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.

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Single Family Active

Price

$ 330,000

Bedrooms

3

Half Bath

2

Property Type

Single Family

Taxes

$ 7,370

Style

Ranch

Lot Size

0.11

Year Built

1940

Town/City

Newark City

County/Region

ESSEX

MLS | Web ID

3903121

Features
General
Sewer Public Sewer
Heating 1 Unit
Cooling None
Utilities Electric
Possession Upon Closing
Roof Asphalt Shingle
Appliances See Remarks
Zoning RES-1
Garage Spaces 0
Architectural Style Ranch
Year Built 1940
Township Newark City
Tax Year 2023
Percent Ownership Fee Simple
County Essex
Total Rooms 4
Status Active
Directions Elizabeth Ave to Chancellor Ave
Tax Annual Amount 7370
Drive None
Standard Status Active
Tax Assessed Value 197700
Town # 1614
Tax Lot 10
Primary Style Ranch
Sub Property Type Single Family
Community Living No
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Interior
Basement Unfinished
Total Fireplaces 0
Fuel Type Gas-Natural
Full Baths 0
Half Baths 2
Total Bedrooms 3
Kitchen Features See Remarks
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Exterior
Water Source Public Water
Exterior Description Brick
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
PRUVI PIERRE

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$2,807
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,193
Monthly Property Taxes
$614
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$330,000 Listed Price

Map


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86 Chancellor, Newark City, NJ, 07112 is a Single Family Home for sale at $330,000 with a lot size of 0.11. 86 Chancellor has 3 bedrooms, 0.2 baths, and was built in 1940. The property's zip code is 07112 which is in Newark City, NJ