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86 Chancellor Ave , #1

Newark City, NJ 07112
  • $340,000
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: 3928614
UPDATED: 19 min ago
$340,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
Type:
Single-Family Home
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-27T06:47:01.547.
www.daunnorealty.com/homes/156559632
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86 Chancellor Ave , #1 Newark City, NJ 07112

  • Price: $340,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 19 min ago
  • ID#: 3928614
3
Beds
1
Baths
2
½ Baths
0.11
Acres
1940
Built
County:
Essex
Area:
Newark City
Elementary School:
Chancellor
Middle School:
Chancellor
High School:
Chancellor
Property Description
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.
Exterior Features

Approximate Lot Size 50X100 Color Of Building Beige Exterior Description Brick Exterior Features Open Porch(es) Garage Description None Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description NoneOff-Street Parking Pool No Primary Style Ranch Roof Description Asphalt Shingle Style RanchDetachedFixer Upper

Interior Features

Appliances Sump Pump Basement Yes Basement Description FullWalkout Basement Level Rooms Rec RoomStorage RoomUtility Room Bedroom1 Level First Cooling Central Air Dining Room Level First Exclusions New windows and plans are being sold with home. Family Room Level First Floor Number 2 Flooring CarpetingTileWood Heating 1 Unit Interior Features StallShwWlkInCls Kitchen Area See Remarks Kitchen Level First Level1 Rooms 3BedroomBathOthrKitchenLivDinRmPantryPorchToilet Living Room Level First Master Bath Features Stall Shower Master Bedroom Description 1st Floor Number Of Fireplaces 0 Number Of Rooms 5

Property Features

Assessment Total 197700 Block Identifier 3690 Building Assessment 87700 Building Number 86 Community Living No Easement No Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Handicap Modified No Home Warranty No In Law Suite No Land Assessment 110000 Possible Other Uses Business/CommercialHome-Office Services Garbage Included Sewer Public Sewer Sub Property Type Single Family Tax Amount 7370 Tax Rate Amount 3.728 Tax Year 2023 Utilities Electric Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 862-283-1281.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-27T06:47:01.547.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066