9 days on rocket

83-87 Wolcott Ter, Newark, NJ, 07112

$350,000

Home List Price

$4,156*

Closing Credit

6 Bedrooms
2 Full Baths
Multi

Location

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83-87 Wolcott Ter, Newark$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingO/See Remk
HeatingNatural Gas
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
MLS #24035418
StatusActive
(ACTIVE)

About 83-87 Wolcott Ter

Bring your tools, your vision, and your 203k loan and make this your own dream home with the added bonus of income. Enjoy the LEFT side of this side by side duplex which offers a partially finished 3 bedroom unit on level one (left side) and a fully gutted, ready to be remodeled 3 bedroom on level 2 (left side). Each floor, when done, will have 3 bedrooms, bath, kitchen and living area. Side yard belongs to this home, separate basement for this side and rear parking all included. Sale will be AS IS and buyer will be responsible for payment of the city requirements and inspections. Cash or renovation loan required.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
  • Office Phone: (201) 463-0958
  • Listing Agent: Michele Chiles-Hickman

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, Hdwd As In

Parking Information:

  • Parking: O/See Remk

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $3,215
  • Tax Year: 2020
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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

83-87 Wolcott Ter vs Newark

9 DAYS ON ROCKET

-66 Days

$350,000

-$46.1K Less

KEY TAKEAWAY

This property is $46.1K less than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24035418

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
  • Office Phone: (201) 463-0958
  • Listing Agent: Michele Chiles-Hickman

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 21, 2007Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,215$114,200
2019$4,217$114,200
2018$4,066$114,200
2017$4,066$114,200

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

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.

Nearby Schools

school-card-donut-545343
4
/10

  • Thurgood Marshall Elementary School

  • 141 Montgomery Ave # 181

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-545344
4
/10

  • George Washington School

  • 1530 Leslie St

  • 0.96 miles

  • Public District Grades 5-5

school-card-donut-545345
3
/10

  • Mt. Vernon Avenue Elementary School

  • 54 Mount Vernon Ave

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,484. The most common annual income of people living in Newark, NJ is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07112›83-87 Wolcott Ter

This home is located at 83-87 Wolcott Ter in Newark, NJ and zip code 07112 in the Weequahic neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $350,000.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The number of homes for sale in Newark, NJ increased by 25.4% between September 2024 and October 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $396,125 during the same period.

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

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