1. New Jersey
2. Newark
3. 86-88 Chancellor Avenue

86-88 Chancellor Avenue, Newark, NJ 07112

• 3 beds |
• 2 baths

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.

Listing Status:

Active

Date Added:

May 21, 2024 at 12:00AM

Listing Office:

EXP Realty, LLC : (866) 201-6210

Listing Agent:

Pruvi Pierre : (973) 861-3653

MLS ID:

24015865

Interior

• Basement: FullUnfinished
• A/C: Gas
• Heating: Gas
• Fireplace: None

Exterior

Construction

Location

This listing courtesy of Pruvi Pierre, EXP Realty, LLC