17 Wolcott Ter
Newark City, NJ 07112
Price: $715,000
GSMLS: 4037299Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1922
Acres: 0.09
Property Tax: $8,401
Description
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.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Full, Walkout
Interior:
Fire Extinguisher
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
41.6X95.9
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
Carport-Detached
Parking:
Additional Parking
Spaces Available:
6
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Electric
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street
Services:
n/a
School Information
Elementary:
NEWTON
Middle:
HAWTHORNE
High School:
TECHNOLOGY
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$715,000
Tax Amount:
$8,401
Land Assessment:
$21,700
Build. Assessment:
$188,400
Total Assessment:
$210,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4037299
List Date:
06-26-2026
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Sherley Santiago
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
