Active

$350,000

86 88chancellor Ave, Newark City, NJ 07112

3beds

--sqft

$2,376/mo

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Single Family Residence

Built in 1920

4,791 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious ranch-styleRenovated basementLarge master bedroomOpen-concept layout

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.

284 days

535

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2

Kitchen

Features: See Remarks

Heating

Baseboard - Cast Iron, Natural Gas

Cooling

Central Air

Features

Kitchen
Flooring: Carpet
Basement: Yes,Unfinished,Sump Pump
Has fireplace: No

Property

Parking

Parking features: None

Features

Patio & porch: Open Porch(es)

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 100

Details

Parcel number: 1614036900000000100000
Zoning description: Commercial

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick
Roof: Asphalt Shingle

Condition

Year built: 1920

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $197,700
Annual tax amount: $7,518
Date on market: 10/15/2025
Ownership type: Fee Simple
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/24/2026	Listed for sale	$350,000
Source: GSMLS #3992709 Report a problem
12/21/2025	Pending sale	$350,000
Source: GSMLS #3992709 Report a problem
10/15/2025	Listed for sale	$350,000
Source: GSMLS #3992709 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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