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Duplex with Finished Basement
For Sale
$700,000

17 Wolcott Ter, Newark, NJ 07112

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market8

Property Features for 17 Wolcott Ter

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 3
Half bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 8, Basement
Parking 6
Exterior features Metal Fence
Fencing Fenced
Lot features Level Lot
Elementary school HAWTHORNE
Middle school TECHNOLOGY
High school UNIVERSITY
Directions Turn onto Wolcott Terrace from Hawthorne
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8401

Utilities

Heating system Other (Heating), Hot Water(Heating), Radiant
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1922
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: SHERLEY SANTIAGO · License #309873
Added: Oct 2 Last Checked: Oct 9 at 12:06PM
MLS# 4056655

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-family duplex contains 8 bedrooms and 3 bathrooms, with a finished basement that has a walkout exit. The property also offers parking for up to 6 cars and occupies a 0.09-acre lot. Built in 1922, it has a fenced exterior and metal fencing.

Key Highlights

  • Two‑family duplex with 8 bedrooms and 3 bathrooms
  • Parking for up to 6 cars
  • Finished basement with walkout exit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,926
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A finished basement with a walkout exit adds functional space to this two-family residence.
Where is this duplex located?
The property is located at 17 Wolcott Ter Newark, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two‑family duplex with 8 bedrooms and 3 bathrooms; Parking for up to 6 cars; Finished basement with walkout exit
More about this property
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