17 Wolcott Ter # 2 Newark, NJ $ 715,000
17 Wolcott Ter # 2
$ 715,000
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17 Wolcott Ter # 2

Newark, NJ, 07112
$ 715,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,515

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Multi-Family Home for sale in Newark, NJ

for $715,000 with 9 bedrooms and 3 full baths. This home was built in 1922 on a lot size of 0.09.

Welcome to this spacious and well-maintained two-family home located in Newark's desirable Weequahic neighborhood. This property presents an excellent opportunity for both owner-occupants and investors alike. Why rent when you can own while building long-term value?The first unit features three generously sized bedrooms, a bright living room, a dining area, and a full bathroom. The second unit offers four bedrooms, a comfortable living room, and a full bathroom, providing flexible living arrangements for multi-generational living or rental income potential. Both units offer bright and functional layouts designed for everyday comfort.The finished basement adds valuable bonus space and includes a full bathroom with walkout access, ideal for recreation, storage, or additional living flexibility. Outside, enjoy a spacious side yard and a driveway with parking for up to six vehicles.With a total of Ten bedrooms and three full bathrooms, this move-in-ready property offers exceptional space, versatility, and income-producing potential. Whether you choose to live in one unit and rent the other or add it to your investment portfolio, this is a fantastic opportunity to own a versatile property in a convenient Newark location.

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Multi-Family Active

Price

$ 715,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,401

Style

2-Two Story

Lot Size

0.09

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

4037299

Features
Interior
Interior Amenities Fire Extinguisher
Basement Full Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Fuel Type Electric
Half Baths 0
Total Bedrooms 9
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General
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater
Cooling None
Utilities Electric Gas In Street
Possession At closing
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1922
Garage Carport-Detached
Township Newark City
Unit Number 2
Tax Year 2025
Gross Income 90000
County Essex
Net Operating Income 66500
Operating Expense 23500
Total Rooms 13
Full Baths 3
Status Active
Directions GPS: 17 Wolcott Ter Newark NJ 07112
High School TECHNOLOGY
Open Parking Spaces 6
Number Of Units Total 2
Elementary School NEWTON
Tax Annual Amount 8401
Middle/Junior High School HAWTHORNE
Drive Additional Parking
Standard Status Active
Tax Assessed Value 210100
Town # 1614
Tax Lot 44
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Exterior
Exterior Amenities Metal Fence Storage Shed
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 41.6X95.9
Lot Size Acres 0.09
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* Excluded Features
List By
SHERLEY SANTIAGO

Listing Agent

Exp Realty, Llc

Broker

sherley@rowackteam.com

Email

Affordability Calculator

$5,215
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,515
Monthly Property Taxes
$700
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5506052 Elementary School
5506053 Middle School
Technology High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$715,000 Listed Price

Map


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17 Wolcott Ter # 2, Newark, NJ, 07112 is a Multi-Family Home for sale at $715,000 with a lot size of 0.09. 17 Wolcott Ter # 2 has 9 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 07112 which is in Newark, NJ