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86 88chancellor Ave
Newark City NJ 07112-2248

$350,000

Active Listing ID 3992709
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3 bed
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3.00 Bath (1 Full , 2 Half)
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Built in 1920
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Lot: 0.11 acre
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Single Family

$350,000

Active Listing ID 3992709
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86 88chancellor Ave 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.

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Property Features

  • Facts
  • Built in: 1920
  • Lot Size: 0.11 acre
  • Property Type: Residential
  • Property Sub-type: Single Family
  • Total Acres: 0.11
  • Parking/Driveway Description: None
  • # Garage Spaces: 0
  • Approximate Lot Size: 50X100
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Brick
  • Floor Covering: Carpeting
  • Roof Type: Asphalt Shingle
  • Heating Fuels: Gas-Natural
  • Heating Systems: Baseboard - Cast Iron
  • Exterior Features: Open Porch(es)
  • Pool: No

Additional Property Information

  • Class Description: Single Family Listing
  • County Name: Essex
  • FHA Age Restricted: No
  • # Images: 12
  • Pictures Last Updated: 2025-10-15 16:10:23.0
  • Zoning: Commercial
Listing Changed: 2/24/2026 11:43:03 AM GMT
Source Updated Date: 4/11/2026 10:20:13 AM GMT

Courtesy of: PRUVI PIERRE, EXP REALTY, LLC, MP

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