About 86-88 Chancellor Avenue
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.
Features of 86-88 Chancellor Avenue
| MLS® # | 24015865 |
|---|---|
| Price | $330,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Half Baths | 2 |
| Type | Residential |
| Sub-Type | RANCH |
| Style | 1 STORY |
| Status | ACTIVE |
Community Information
| Address | 86-88 Chancellor Avenue |
|---|---|
| City | Newark |
| County | ESSEX |
| State | NJ |
| Zip Code | 07112 |
Amenities
| Amenities | CLOSE/PARKS, CLOSE/SCHOOL, CLOSE/TRANS, CLOSE/WRSHP, 1ST FLR MBDRM, ONE FLOOR LIVING |
|---|---|
| Features | NONE |
| Garages | NONE |
| View | NONE |
| Is Waterfront | Yes |
| Waterfront | NONE |
| Has Pool | No |
Interior
| Heating | GAS |
|---|---|
| Fireplace | Yes |
| Fireplaces | NONE |
| Has Basement | Yes |
| Basement | FULL, UNFINISHED |
Exterior
| Exterior | BRICK |
|---|---|
| Lot Description | REGULAR |
| Construction | 1940'S |
Additional Information
| Date Listed | May 21st, 2024 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees | NONE |
Listing Details
| Agent | Pruvi Pierre |
|---|---|
| Office | EXP Realty, LLC |