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86 Chancellor, Newark, NJ 07112
$330,000
86 Chancellor, Newark, NJ 07112View this property at 86 Chancellor, Newark, NJ 07112
86 ChancellorNewarkNJ07112
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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.
Full Property Details
Full Property Details for 86 Chancellor
General
- Price: $330,000
- Taxes: $7,370 (2023)
- Status: Active
- Type: Single Family
- MLS ID: 3903121
- Updated: 5/21/2024
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: See Remarks
Location
- County: Essex
- Driving Directions: Elizabeth Ave to Chancellor Ave
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 50 x 100
- Driveway/Sidewalk: None
- Zoning: RES-1
Financial Considerations
- Assessment Amount: $197,700
- Land Assmt: $110,000
- Tax Amount: $7,370
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- APN: 1614-03690-0000-00010-0000-
- Block: 3690
- Lot Number: 10
Listed by Exp Realty, Llc
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Schools
Schools serving 86 Chancellor
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
321 Chancellor Ave, Newark, NJ 07112 | K-8 | 0.6 mi | |
333 Clinton Pl, Newark, NJ 07112 | PK-8 | 0.6 mi | |
433 Peshine Ave, Newark, NJ 07112 | PK-8 | 0.8 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 2.5 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 3.9 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 5.4 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 1 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1.2 mi | |
66 Muhammad Ali Ave, Newark, NJ 07108 | PK-8 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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 Chancellor
Date
Details
Price
Change
Source
5/21/2024
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 86 Chancellor
86 Chancellor, Newark, NJ 07112 (MLS# 3903121) is a Single Family property with 3 bedrooms, 0 full bathrooms and 2 partial bathrooms. 86 Chancellor is currently listed for $330,000 and was received on May 21, 2024. Want to learn more about 86 Chancellor? 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.