1. New Jersey
  2. Newark
  3. 86-88 Chancellor Avenue
$350,000

86-88 Chancellor Avenue, Newark, NJ 07112

  • 3 beds |
  • 3 baths
  • Property Icon Ranch Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 866-201-6210
Listing Agent:
Pruvi Pierre : (973) 861-3653
MLS ID:
25037184
  • Rooms: 6
  • Basement: Full
  • A/C: None
  • Heating: BaseboardGas
  • Pool: None
  • Parking: None
  • County: ESSEX
  • View: View
  • Ownership: Private

This listing courtesy of Pruvi Pierre, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Maple Avenue Elementary School

, Newark, NJ, 07112

Grades KG-8

0.24 miles away

M

Maple Avenue Elementary School

, Newark, NJ, 07112

Grades KG-8

0.24 miles away

E

Eagle Academy for Young Men of Newark

279 Chancellor Ave, Newark, NJ, 07112

Grades 6-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

205 Jefferson Street, Orange, NJ 07050
Ranch Property For Sale

$389,000

  • 2 bed |
  • 2 bath
205 Jefferson Street Orange, NJ 07050

#25036826 - ListWithFreedom.com