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86 88chancellor Ave,Newark City, NJ 07112-2248 | Wright Home Realty

Call us:

+01-123-4567

Listing Details

86 88chancellor Ave,Newark City, NJ 07112-2248

  • February 24, 2026

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.

Details

Last Updated On: February 24th, 2026 at 1:45 pm
Property ID:PT-41667340-AXZR
Offer Type:For Sale
Property Type:Single Family
Price: 350,000 $
Bedrooms:3
Bathrooms:1
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 50X100
Lot Identifier: 10

Home Details

Total Baths: 1.20
Partial Baths: 2
Pool: No
Basement: Yes
Exterior Description: Brick
Roof Description: Asphalt Shingle
Style: Ranch
Acreage: 0.11
Appliances: Sump Pump
Basement Description: Unfinished
Flooring: Carpeting
Number of Rooms: 6
YB/Desc: 1920 - Historical
Color of Building: Beige
Easement: No
Parking/Driveway Description: None
Primary Style: Ranch
Block Identifier: 3690
County Number: 16
Town Number: 1614
Possession: Immediately

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Cast Iron
Cool System: Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Ownership Type: Fee Simple
Tax ID For Property: 1614-03690-0000-00010-0000-
Tax Amount: $7,518.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2024
Land Assessment: $110,000.00
Building Assessment: $87,700.00
Total Assessment: $197,700.00
Community Living: No

Other

Zoning: Commercial

Features

  • Open Porch(es)

Statistics

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