Date
Details
Price
Change
Source
10/15/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$350,000
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Property 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.
Full Property Details
Full Property Details for 86 88Chancellor Ave
General
- Price: $350,000
- Taxes: $7,518 (2024)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 3992709
- Updated: 2/24/2026
- Added to Site: 138 day(s) ago
Interior
- Number of Rooms: 6
- Street Level: Bedroom 3, Main Bath, Kitchen, LivDinRm
- Appliances: Sump Pump
- Flooring: Carpeting
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: See Remarks
Exterior
- Exterior Features: Open Porch(es)
- Color: Beige
Location
- County: Essex
- Driving Directions: Elizabeth Ave to Chancellor Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard - Cast Iron
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Additional Use: Business/Commercial, Home-Office
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 50 x 100
- Driveway/Sidewalk: None
- Zoning: Commercial
Financial Considerations
- Assessment Amount: $197,700
- Land Assmt: $110,000
- Tax Amount: $7,518
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-03690-0000-00010-0000-
- Block: 3690
- Lot Number: 10
Listed by Exp Realty, Llc
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 86 88Chancellor Ave —
Exp Realty, Llc
973-861-3653
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 86 88Chancellor Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 0.6 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.6 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.8 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.1 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1.9 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 2.1 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 2.7 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 86 88Chancellor Ave
Estimate the Cost
Estimate the Cost for 86 88Chancellor Ave
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- Single Family
- Active
- Updated 10 days ago
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- 1Total Bath
Listed by Realty Of America
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- Single Family
- Active
- Updated 1 hour ago
- 6Beds
- 6Total Baths
Listed by Century 21 Semiao & Associates
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
Listed by Samuel "Sam" Burchill (973) 981-3840
- Single Family
- Active
- Updated 3 hours ago
- 5Beds
- 4Total Baths
Listed by Brice Homes
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- Multi-Family
- Closed
- Updated 2 days ago
- 6Total Beds
Listed by Vylla Home
Sold by Outside Office
Sold by Outside Office
- Single Family
- Closed
- 5Beds
Listed and Sold by Keller Williams Park Views
86 88Chancellor Ave, Newark, NJ 07112 (MLS# 3992709) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 86 88Chancellor Ave is currently listed for $350,000 and was received on October 15, 2025. Want to learn more about 86 88Chancellor Ave? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.