86 Chancellor Ave
Newark City, NJ 07112
Price: $340,000
GSMLS: 3928614Type: Single Family
Style: Ranch
Beds: 3
Baths: 1 Full & 2 Half
Garage: No
Year Built: 1940
Acres: 0.11
Property Tax: $7,370
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. Property Does Not Qualify For Traditional Financing Cash Or Hard Money Only Direct End Buyers Only; No Wholesalers Pls.
Rooms Sizes
Kitchen:
First
Dining Room:
First
Living Room:
First
Family Room:
First
Den:
n/a
Bedroom 1:
First
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
Rec Room, Storage Room, Utility Room
Ground:
n/a
Level 1:
3Bedroom,BathOthr,Kitchen,LivDinRm,Pantry,Porch,Toilet
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
See Remarks
Dining Room:
n/a
Master Bedroom:
1st Floor
Bath:
Stall Shower
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Full, Walkout
Full Baths:
1
Half Baths:
2
Appliances:
Sump Pump
Flooring:
Carpeting, Tile, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
StallShw,WlkInCls
Exterior Features
Garage Space:
No
Garage:
None
Driveway:
None, Off-Street Parking
Roof:
Asphalt Shingle
Exterior:
Brick
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
1 Unit
Heating Source:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
Garbage Included
Lot Features
Acres:
0.11
Lot Dimensions:
50X100
Lot Features:
Level Lot
School Information
Elementary:
CHANCELLOR
Middle:
CHANCELLOR
High School:
CHANCELLOR
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$340,000
Tax Amount:
$7,370
Land Assessment:
$110,000
Build. Assessment:
$87,700
Total Assessment:
$197,700
Tax Rate:
3.73
Tax Year:
2023
Ownership Type:
Fee Simple
Listing Information
MLS ID:
3928614
List Date:
10-09-2024
Days On Market:
203
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com
