86-88 Chancellor Avenue
Newark, NJ 07112
$350,000
Beds: 3
Baths: 1 | 2
Sq. Ft.: N/A
Type: House
Listing #25037184
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.
Listing Courtesy of Pruvi Pierre, EXP Realty, LLC - 866-201-6210
Property Features
County: ESSEX
Municipality: Newark
Total Rooms: 6
1/2 Baths: 2
Number of Fireplaces: 0
Heating: Baseboard, Gas
Cooling: None
Basement Description: Full
Style: Ranch
Exterior: Brick
Parking Description: None
Garage Spaces: 0
Pool Description: None
Site Description: 1st Flr Primary Bdrm, Close/Parks, Close/School, Close/Trans, One Floor Living
Lot Description: Regular
Flood Zone: None
Waterfront Description: None
View Description: None
Property Type: SFR
Property SubType: 1 Story
Status: Active
Tax Amount: $7,518
Miscellaneous: Zoned Prof Office Use
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All Information Deemed Reliable But Not Guaranteed. IDX Data Updated approximately every two hours - most recent update time is shown below.
Source: New Jersey Multiple Listing Service, Inc.
© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All Information Deemed Reliable But Not Guaranteed. IDX Data Updated approximately every two hours - most recent update time is shown below.
Source: New Jersey Multiple Listing Service, Inc.
© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
NJMLS (New Jersey) data last updated at October 25, 2025, 6:35 PM ET
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