86-88 Chancellor Avenue Newark, NJ $ 350,000
86-88 Chancellor Avenue
$ 350,000
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86-88 Chancellor Avenue

Newark, NJ, 07112
$ 350,000
Bedrooms3 Baths1.2

Monthly Estimate*

$ 2,184

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86-88 Chancellor Avenue, Newark, NJ 07112 - Image 13

Single Family Home for sale in Newark, NJ

for $350,000 with 3 bedrooms and 1 full bath, 2 half baths.

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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Single Family Active

Price

$ 350,000

Bedrooms

3

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 7,518

Style

Ranch

Town/City

Newark

County/Region

Essex

MLS | Web ID

25037184

Features
General
Heating Baseboard Natural Gas
Cooling None
Garage Spaces 0.0
Pool Features None
Construction Materials Brick
View None
Rooms None
Property Subtype Ranch
Ownership Private
Waterfront Features None
County ESSEX
Property Type Residential
HOA N
Total Rooms 6
Full Baths 1
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 7518.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional 1 Story
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Interior
Basement Full
Heating Y/N N
Half Baths 2
Total Bedrooms 3
Total Baths 3
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Exterior
Lot Features Regular
Other Parking None
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* Excluded Features

Affordability Calculator

$2,810
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$627
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$350,000 Listed Price

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86-88 Chancellor Avenue, Newark, NJ, 07112 is a Single Family Home for sale at $350,000. 86-88 Chancellor Avenue has 3 bedrooms and 1.2 baths. The property's zip code is 07112 which is in Newark, NJ