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.
Active
$350,000
86 88chancellor Ave, Newark City, NJ 07112
3beds
--sqft
Est.:
Single Family Residence
Built in 1920
4,791.6 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious ranch-styleRenovated basementLarge master bedroomOpen-concept layout
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