$340,000
Pending

86 Chancellor Ave Unit 1

Newark City, NJ 07112
3 beds | 2 baths | #3928614
Browse 15 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • FloorsCarpeting, Tile, Wood
    • Interior Features
      • InteriorStallShw, WlkInCls
      • Bathroom FeaturesStall Shower
      • Kitchen FeaturesSee Remarks
    • Heating & Cooling
      • Heating SourceGas-Natural
      • Heating1 Unit
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths1
      • Half Baths2
  • Property Details
      • Exterior FeaturesOpen Porch(es)
      • Exterior MaterialsBrick
    • Parking
      • Parking FeaturesNone, Off-Street Parking
  • Construction Details
      • Basement DescriptionFull, Walkout
      • Property TypePurchase
      • StyleRanch
      • BasementYes
    • Condition
      • Year Built1940
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • ServicesGarbage Included
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • AppliancesSump Pump
      • Utility FeaturesElectric
  • Community and Neighborhood Details
      • Elementary SchoolCHANCELLOR
      • Middle SchoolCHANCELLOR
      • High SchoolCHANCELLOR
  • Other
      • OwnershipFee Simple
    • Source
      • MLS #3928614

Location

Legal

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Last Updated: . Source: GSMLS

Listing Courtesy
Listing Agent: DARRELL BAILEY (#292273), Phone: (862) 283-1281
Listing Office: EXP REALTY, LLC (#5028)

Julio GallardoReal Estate Group
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Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Julio Gallardo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 

    All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

    2023 New Jersey Multiple Listing Service, Inc. All rights reserved.  

    The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
    State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
    IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

    Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.