86 Chancellor Avenue

Newark, NJ 07112

$330,000
Price
3
Beds
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by PRUVI PIERRE • EXP REALTY, LLC
  2. Listed by DARRELL BAILEY • EXP REALTY, LLC

Property Details for 86 Chancellor Avenue

Style
Ranch
Directions
Elizabeth Ave to Chancellor Ave
Days On Market
13
Primary Style
Ranch

Location

Listing Courtesy of EXP REALTY, LLC, PRUVI PIERRE; EXP REALTY, LLC, DARRELL BAILEY
Add your commute
LISTING UPDATED: 05/30/2024 04:37 PM

Property Details for 86 Chancellor Avenue

StatusActive
MLS #3903121
Days on Market26
Taxes$7,370 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family/Apt
Year Built1940
Lot Size0.11 AC / 4,791 SF
CountyEssex County

Location

Listing Courtesy of EXP REALTY, LLC, PRUVI PIERRE; EXP REALTY, LLC, DARRELL BAILEY
Add your commute

Building Information for 86 Chancellor Avenue

Stories-Year Built1940Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,415 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,801

Property Taxes

$614

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 86 Chancellor Avenue

Summary
Location and General Information
  • Zoning: RES-1
  • Active Days on Market: 13
  • County #: Essex
  • Town Name: Newark City
  • Community Living: No
  • Block Identifier: 3690
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 86.0
  • County Or Parish: Essex
  • Street Name: Chancellor
  • Zip Code: 07112-2248
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $7,370
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 197700.0
  • Tax ID For Property: 1614-03690-0000-00010-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None
  • # Garage Spaces: 0
Property
Lot Information
  • Appliances: See Remarks
  • Lot Identifier: 10
  • Approximate Lot Size: 50X100
  • Total Acres: 0.11
  • Construction Date/Year Built: 1940
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 87700.0
  • Assessment Land: 110000.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric
  • Water: Public Water
  • Heating: 1 Unit
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Brick
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • # Baths: 0.2
  • # Full Baths: 0
  • # Half Baths: 2
  • # Bedrooms: 3
  • Easement: No
  • # Fireplaces: 0
  • Kitchen Area: See Remarks
  • # Rooms: 4

Property History for 86 Chancellor Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 86 Chancellor Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Chancellor Avenue Elementary School
PublicK to 8

Eagle Academy for Young Men of Newark
Public6 to 12

George Washington Carver Elementary School
PublicPK to 8

B.R.I.C.K. Peshine Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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86 Chancellor Avenue is a single family home for sale in Newark, NJ 07112. This property was listed for sale on May 21, 2024 by EXP REALTY, LLC, it's currently listed at $330,000. This listing's school district is The Newark Public School District. Nearby schools include Chancellor Avenue Elementary School, Eagle Academy for Young Men of Newark and George Washington Carver Elementary School. 86 Chancellor Avenue is a 3-bed, 1-bath, single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, LLC, PRUVI PIERRE; EXP REALTY, LLC, DARRELL BAILEY

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/15/2024 11:11 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.