2 months on rocket

27 Wolcott Ter, Newark City, NJ, 07112

$649,000

Home List Price

$7,707*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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27 Wolcott Ter, Newark$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, On-Street Parking, Detached Garage
Year Built1922
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3918888
Lot Size0.07 Acres
StatusActive

About 27 Wolcott Ter

Completely renovated legal 2-family with bonus units. Each unit has 2 bedrooms and 1 bathroom. Each unit has separate entrances. Bonus 3rd floor unit has 1 bedroom, 1 bathroom, and renovated kitchen with new appliances. An additional 2 bedrooms in the basement with full bathroom. All units feature new appliances. Detached garage can be rented out for additional rental income. Perfect for the next investor!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex-Side by Side, See Remarks
  • Year Built: 1922

Listing Office:

  • Office Name: REAL
  • Office Phone: (973) 610-4226

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Other
  • Basement: Yes
  • Interior: See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Partially Fenced

Parking Information:

  • Attached Garage: No
  • Parking: 1 Car Width, On-Street Parking, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

School Info

Assigned Schools Information:

  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Hawthorne Avenue Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Turn onto Wolcott Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

27 Wolcott Ter vs Newark

80 DAYS ON ROCKET

+5 Days

$649,000

+$252.8K More

KEY TAKEAWAY

This property is $252.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3918888

Listing Office:

  • Office Name: REAL
  • Office Phone: (973) 610-4226

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1995160
3
/10

  • Hawthorne Avenue Elementary School

  • 428 Hawthorne Ave

  • 0.07 miles

  • Public District Grades KG-8

High School

school-card-donut-1995161
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 0.72 miles

  • Public District Grades 9-12

school-card-donut-1995162
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.04 miles

  • Public District Grades 9-12

school-card-donut-1995163
1
/10

  • Central High School

  • 250 18th Ave

  • 1.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,484. Residents of Newark, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›27 Wolcott Ter

This home is located at 27 Wolcott Ter in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. This home, which was built in 1922, sits on a 0.07 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $649,000.

While more than 24 listings in Newark, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The number of listings in Newark, NJ increased by 25.4% between September 2024 and October 2024. In October 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,125.

From Rocket Homes Real Estate and based on county public records data.

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