Residential in Newark

$350,000

86-88 Chancellor, 07112, Newark, NJ

Residential for sale in Newark, 86-88 Chancellor, 07112

86-88 Chancellor, 07112, Newark, NJ

$350,000

3Bed
3Bath
Type: Residential

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

86-88 Chancellor, 07112, Newark, NJ

Data

Object TypeResidential
Purchase Price$350,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms6

Energy Information

Heating TypeBaseboard, Natural Gas
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent