86-88 Chancellor AvenueNewark, NJ 07112
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$1,597Welcome 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.
| a week ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active Under Contract | |
| 4 months ago | Listing first seen on site |
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All information is deemed reliable but not guaranteed. Last checked: 2026-02-02 02:34 PM UTC
Source: New Jersey Multiple Listing Service, Inc.
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