1 month on rocket

27 Wolcott Ter, Newark City, NJ, 07112

$699,999

Home List Price

$8,312*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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27 Wolcott Ter, Newark$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

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: (855) 450-0442

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: $699,999
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Housing Market Comparison

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

Med. Sold Price

$382K

Med. Price/SqFt

$231

# of Sold Homes

29

27 Wolcott Ter vs Newark

34 DAYS ON ROCKET

$699,999

+$317.9K More

KEY TAKEAWAY

This property is $317.9K 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: (855) 450-0442

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: 9/20/2024, 10:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,561

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-174258
3
/10
  • Hawthorne Avenue Elementary School

  • 428 Hawthorne Ave

  • 0.07 miles

  • Public District Grades KG-8

High School

school-card-donut-174259
1
/10
  • Weequahic High School

  • 279 Chancellor Ave

  • 0.72 miles

  • Public District Grades 9-12

school-card-donut-174260
1
/10
  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.04 miles

  • Public District Grades 9-12

school-card-donut-174261
1
/10
  • Central High School

  • 250 18th Ave

  • 1.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,484. The majority of Newark, NJ residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents 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 $699,999.

Newark, NJ housing market in August 2024 saw over 13 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. In August 2024 in Newark, NJ there were 22.2% more homes for sale than in July 2024.

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

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