86-88 Chancellor Avenue
86-88 Chancellor Avenue, Newark, NJ 07112
$350,000
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 Information
Broker: EXP Realty, LLC
Broker Phone: 866-201-6210
Agent: Pruvi Pierre
Phone: (973) 861-3653
Email: pruvipierre@gmail.com
Updated: 3/8/2026
MLS #
25037184
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All information deemed reliable but not guaranteed. Last date updated: 03/08/2026.
Source: New Jersey Multiple Listing Service, Inc.
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