Photo of 86 88chancellor Avenue, Newark City NJ
     
86 88chancellor Avenue
Newark City, NJ 07112
Newark City
Newark Public Schools
Essex County
Asking Price$350,000
Bedrooms3
Full Baths1
Partial Baths2
Acres0.11
Lot Dimensions5000 Sqft
Age105
HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPublic
Garages0
BasementUnfinished
Taxes (2024)$7,518
ParkingNone

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.

Room Sizes

Location


Driving Directions
Elizabeth Ave to Chancellor Ave

Details
Architectural Type - Ranch
Flooring - Carpeting
Basement - Unfinished
Appliances - Sump Pump
Rooms List - Ground Level: 3 Bedroom, Main Bath, Kitchen, Living Dining Room
Roofing - Asphalt Shingle
Exterior Features - Open Porch(es), Brick
Cooling - Central Air
Heating - Baseboard - Cast Iron, Gas-Natural
Sewer - Public Sewer
Water - Public Water
Additional Utilities - Electric, Gas-Natural

Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
Data: © 2025 TREND, All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EveryHome participates, and is provided by TREND through a licensing agreement.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555

Assessment : 197700
Latitude : 40.70438
Longitude : -74.21306
EveryHome Number : 992709-02025
Listing Courtesy EXP REALTY, LLC
Zoning Designation Commercial