86 88chancellor Ave, Newark City, NJ 07112
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86 88chancellor Ave, Newark City, NJ 07112
86 88chancellor Ave, Newark City, NJ 07112
86 88chancellor Ave, Newark City, NJ 07112
86 88chancellor Ave, Newark City, NJ 07112
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Eric DeSilva

Eric DeSilva

+1(973) 542-9302
$ 350,000
Est. payment /mo
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Active

86 88chancellor Ave Newark City, NJ 07112

3 Beds

2 Baths

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3992709

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $7,518

Tax Year 2024

Lot Size 4,791 Sqft

Property Sub-Type Single Family

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

Zoning Commercial

Rooms

Basement Unfinished

Kitchen See Remarks

Interior

Heating Gas-Natural

Cooling Central Air

Flooring Carpeting

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public Water

Architectural Style Ranch

Others

Senior Community No

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC

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86 88chancellor Ave

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