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179 Chancellor Ave, Newark, NJ, 07112

6beds
3.1baths
19,998sqft
$749,900
$37price/sqft
$7,701/moest. monthly cost
$308,040/yrincome needed

About This Home

What a fantastic HISTORICAL house-featuring massive first floor with 4 bedrooms, 1 full bath, open-concept living-room, dining-room, kitchen and SUNROOM or inclosed-porch.SECOND FLOOR- featuring 2 bedrooms, 2 bathrooms, open-concept living-room, dining-room, kitchen , eating-kitchen and for summer time a beautiful TERRACE,JUST RENOVATED throughout, NEW ELECTRIC,RECESSED LIGHTS, NEW PLUMBING ,sheet-rock, insulation, new roof, NEW VINYL FLOOR, tiles, FULL new cabinets and quartz-countertops in both kitchens, MASSIVE FINISHED BASEMENT with a half bathroom. Stainless steel appliances included in both kitchens, CENTRAL AIR, FORCED HOT AIR!! VERY convenient. don't miss this opportunity to own it, very spacious , close to restaurants, HOSPITALS, highways , BUS stops, main streets, park, shoppings and more... MUST SEE, PRICE TO SELL.

Getting Around

74
WalkingVery Walkable
58
TransitGood Transit
44
BikeSomewhat Bikeable

Schools

1/10
Weequahic High SchoolGrades 9-120.3 mi
1/10

Construction

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick,Vinyl Siding

Notable Dates

  • Major remodel year: 2016

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Microwave,Range/Oven - Gas,Refrigerator,Kitchen Exhaust Fan,Microwave Oven,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3.1
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • High Ceilings,Bedrooms,Dining Room,Kitchen,Living Room,Sunroom,Attic,Eat-In Kitchen
  • Flooring: Tile,Vinyl-Linoleum Floors

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Natural Gas
  • Cooling features: 1 Unit,Central Air

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 1614037020000000040000

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Metal Fence

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 40.3 x 124

Parking

  • Parking features: On Street,On-Street Parking
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,791$45,492
Home Insurance *$394$4,728
Property Taxes $1,312$15,744
Electricity $2,204$26,453
Total$7,701$92,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$264,034/yr
40% on housing$231,030/yr
45% on housing$205,360/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$37This listing

vs Other Active Listings

Avg $/sqft

ZIP 07112$279
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07112$186
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$749,900

For Sale by Agent

AgentWilmer Intriago
BrokerageElite Intriago Realty Llc

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