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. 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:
9
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Darrell Bailey
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
