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.
Sell a home like this and save $19,301 Find Out How
Total Baths: 0.5
See Remarks
Electric
Heating: 1 Unit
Cooling: None
Year Built: 1940
Construction: Brick
Roof: Asphalt Shingle
Lot Dimensions: 50X100
Lot Size (Acres): 0.11
Possession: Upon Closing
Tax ID: 1614-03690-0000-00010-0000-
Tax Year: 2023
Parcel Number: 1614-03690-0000-00010-0000-
Taxes : 7,370
Parking Features: None
Electric
Water Source : Public Water
SEWER : Public Sewer
Fire Place: 0
Direction: Elizabeth Ave to Chancellor Ave
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 62 Schley, Newark, NJ,07112 | $409,000 | 4 | 1.5 | 2 | 0.05 Acre |
| 284 Weequahic Ave, Newark, NJ,07112 | $300,000 | 5 | 2 | -- | 0.09 Acre |
| 117 Lehigh Ave, Newark, NJ,07112 | $349,000 | 4 | 1.5 | -- | 0.08 Acre |
| 917 Bergen St #2, Newark, NJ,07112 | $849,999 | 7 | 4.5 | -- | 0.05 Acre |
| 182 Mapes Ave, Newark, NJ,07112 | $497,887 | 5 | 3 | 2,756 | 0.08 Acre |
| 348 Keer Ave, Newark, NJ,07112 | $520,000 | 4 | 2.5 | -- | 0.08 Acre |
| 348 Keer Ave, Newark, NJ,07112 | $485,000 | 4 | 2.5 | -- | 0.08 Acre |
| 125 Mapes Ave, Newark, NJ,07112 | $669,000 | 8 | 3 | -- | 0.08 Acre |
| 251 Schley St, Newark, NJ,07112 | $469,900 | 7 | 3 | -- | 0.07 Acre |
| 10 Shaw, Newark, NJ,07112 | $769,900 | 6 | 4.5 | -- | 0.08 Acre |
ByOwner last updated this listing 06/17/2024 @ 15:40
MLS: 3903121
LISTED BY: , EXP REALTY, LLC
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
