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86 Chancellor Ave 1
Newark City NJ 07112-2248 US

$340,000

Active Listing ID 3928614
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3 bed
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3.00 Bath (1 Full , 2 Half)
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Lot: 0.11 Acres
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Single Family Residence

$340,000

Active Listing ID 3928614
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86 Chancellor Ave 1 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 2
  • Exterior Finish: Open Porch(es)
  • Floor Covering: Carpet, Tile, Wood
  • Roof Type: Asphalt, Shingle
  • Additional Features
  • Patio

School Information

  • School
  • CHANCELLOR(Elementary)
  • CHANCELLOR(MiddleSchool)
  • CHANCELLOR(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 340000
  • unparsedaddress: 86 Chancellor Ave
  • unitnumber: 1
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07112-2248
  • bathroomsfull: 1
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.704193
  • longitude: -74.21328
  • listagentfullname: DARRELL BAILEY
  • listagentemail: offers@dbrei.com
  • listagentkey: 3yd-GSMLSNJ-292273
  • listagentmlsid: 292273
  • listagentpreferredphone: 8662016210
  • listagentofficephone: 8662016210
  • listofficekey: 3yd-GSMLSNJ-5028
  • listofficemlsid: 5028
  • disclaimer: Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1940
  • listingcontractdate: 2024-10-09
  • listagenturl: http://nj.exprealty.com
  • countyorparish: Essex
  • elementaryschool: CHANCELLOR
  • highschool: CHANCELLOR
  • constructionmaterials: Brick
  • flooring: Carpet, Tile, Wood
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • interiorfeatures: StallShw, WlkInCls
  • exteriorfeatures: Open Porch(es)
  • architecturalstyle: Ranch
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.21328, 40.704193
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-GSMLSNJ-3928614", "OpenHouseEndTime": "2025-03-15T18:00:00+00:00", "OpenHouseId": "3928614", "OpenHouseRemarks": null, "OpenHouseStartTime": "2025-03-15T16:00:00+00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }, { "AppointmentRequiredYN": false, "ListingKey": "3yd-GSMLSNJ-3928614", "OpenHouseEndTime": "2025-03-16T18:00:00+00:00", "OpenHouseId": "3928614", "OpenHouseRemarks": "", "OpenHouseStartTime": "2025-03-16T16:00:00+00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"offers@dbrei.com", "ListBrokerageCity":"Montclair", "ListBrokerageCountry":"US", "ListBrokerageEmail":"NJ.Broker@eXpRealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/8154d890696a11e6bd150242ac110004/20191204120339495.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(866) 201-6210", "ListBrokeragePostalCode":"07042", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"28 Valley Rd Ste 1", "ListBrokerageWebsiteUrl":"http://nj.exprealty.com", "ListOfficeAddress1":"28 VALLEY ROAD", "ListOfficeAddress2":"#1", "ListOfficeBrokerMlsId":"289311", "ListOfficeCity":"MONTCLAIR", "ListOfficeCountry":"US", "ListOfficeEmail":"NJ.Broker@eXpRealty.net", "ListOfficePostalCode":"07042", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Ranch, Detached, Fixer Upper, Single Family - Newark City, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/86-Chancellor-Ave_Newark_NJ_07112_M91001-89100?f=listhub&s=GSMLSNJ&m=3928614&c=rexren", "MLSModificationTimestamp":"2025-03-04T13:29:20Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family", "RawPropertyType":"Single Family", "RoomCount":5, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7370, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/12/2025 6:09:14 AM GMT
Source Updated Date: 3/14/2025 6:52:56 AM GMT

Courtesy of: DARRELL BAILEY, EXP REALTY, LLC, offers@dbrei.com

Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.