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Listed by Pruvi Pierre EXP Realty, LLC
$ 350,000
Est. payment /mo
New
86-88 Chancellor AVE Newark, NJ 07112
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25037184
Style Ranch
Bedrooms 3
Full Baths 1
Half Baths 2
Annual Tax Amount $7,518
Property Sub-Type Ranch
Property Description
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.
Location
State NJ
County Essex
Rooms
Basement Full
Interior
Heating Baseboard, Gas
Cooling None
Exterior
Parking Features None
Pool None
Waterfront Description None
Building
Lot Description Regular
Others
Ownership Private
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