$340,000
86-88 Chancellor AVE Newark, NJ 07112
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Listed by Darrell Bailey • EXP Realty, LLC • (862) 283-1281
$340,000
Est. payment /mo
3 BD
2 BA
Under Contract
86-88 Chancellor AVE Newark, NJ 07112
UPDATED:
11/11/2024 12:44 PM
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 24032900
Style Ranch
Bedrooms 3
Full Baths 1
Half Baths 2
Property Description
Welcome to this beautiful ranch style single-family home that presents an exceptional investment opportunity! Located near Weequahic Park, this residence boasts with potential 3/4 bedrooms, 2.5-3 bathrooms, spread over 2 floors including the basement. This property offers endless possibilities for customization and enhancement with low taxes and a prime location. Upon entry, you'll be greeted by an inviting open-plan concept. The first floor features a spacious master bedroom with an the opportunity to create an additional 2/3 bedrooms. Estimated rehab work is $125k-$150k The current owners lender estimated after-repair value of $500K+. A renovated basement adds further value, providing additional recreational space and elevating the after-repair value. Located near all modes of public transportation and just minutes from NJ Turnpike, providing an easy commute to NY. Direct end buyers only; no wholesalers pls.
Location
State NJ
County Essex
Area Newark
Rooms
Basement Full
Interior
Heating Gas
Fireplaces Type None
Exterior
Exterior Feature Brick
Garage None
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
Miscellaneous Central Vac
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