86-88 Chancellor Avenue Newark, NJ $ 330,000
86-88 Chancellor Avenue
$ 330,000
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86-88 Chancellor Avenue

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

Monthly Estimate*

$ 2,193

86-88 Chancellor Avenue, Newark, NJ 07112 - Image 1
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Single Family Home for sale in Newark, NJ

for $330,000 with 3 bedrooms and 2 half baths. This home was built in 1940.

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

Year Built

1940

Town/City

Newark

County/Region

Essex

MLS | Web ID

24015865

Features
Interior
Basement Full Unfinished
Total Bedrooms 3
Fireplace None
Heating/Cooling Gas
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Exterior
Exterior Brick
Waterfront None
Flood Plain None
Substyle 1 Story
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General
Area 0714
Style Ranch
Garage None
Status ACTIVE
Rooms 4
Views/Exposure None
Year Built 1940's
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* Excluded Features

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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$330,000 Listed Price

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86-88 Chancellor Avenue, Newark, NJ, 07112 is a Single Family Home for sale at $330,000. 86-88 Chancellor Avenue has 3 bedrooms, 0.2 baths, and was built in 1940. The property's zip code is 07112 which is in Newark, NJ