86 Chancellor

Newark City, NJ 07112


 

Price: $330,000

GSMLS:  3903121
Type: Single Family
Style: Ranch
Beds: 3
Baths: 0 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. Direct End Buyers Only; No Wholesalers Pls.
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
See Remarks
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
0
Half Baths:
2
Appliances:
See Remarks
Flooring:
n/a
Fireplaces:
No
Fireplace:
n/a
Interior:
n/a
Exterior Features
Garage Space:
No
Garage:
n/a
Driveway:
None
Roof:
Asphalt Shingle
Exterior:
Brick
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
1 Unit
Heating Source:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.11
Lot Dimensions:
50X100
Lot Features:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
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:
$330,000
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:
3903121
List Date:
05-21-2024
Days On Market:
122
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Pruvi Pierre
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox