86-88 Chancellor Avenue, Newark, NJ, 07112

Bedrooms: 3
Bathrooms: 3
Property type: Single Family · Ranch

About this property

Welcome to this spacious ranch-style single-family home in the highly sought out Historic District of Weequahic. Offering 3"4 bedrooms and 2.5"3 baths across two levels, including a finished basement. With low taxes, a prime location, and estimated rehab costs of $125K"$200K, this property offers strong upside potential! The lender's ARV estimate is $550K+. Highlights include an open-concept layout, a large master bedroom, and flexible space for additional bedrooms. The renovated basement adds valuable living or recreational space.Situated near public transit and just minutes from the NJ Turnpike ideal for NYC commuters. Currently in a residential zone residential but is commercial use; buyer will need to convert usage to residential. Cash or hard money only. Direct end buyers only " no wholesalers.

Listing courtesy of EXP Realty, LLC

Listed by Pruvi Pierre · 973-861-3653 · pruvipierre@gmail.com

Listing office: 866-201-6210

MLS number: 25037184

MLS status: Active

Listing last changed: Mar 5, 2026

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Last date updated: Oct 11, 2026, 4:05 AM EDT.