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Duplex with Walkout Basement
New
For Sale
$700,000

17 Wolcott Ter, Newark, NJ 07112

Eight bedrooms and three bathrooms serve the two-family residence.

Property SizeContact for details
Days on Market6

Property Features for 17 Wolcott Ter

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1922
Listing Agency: Exp Realty, Llc
Listed By: Sherley Santiago · License #309873
Source: Srrealestategroup
Added: Oct 4 Changed: Oct 5 Last Checked: Oct 7 at 9:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty, Llc

Investment Insights

Based on property information with market context.

This 1922 duplex has eight bedrooms and three bathrooms, with a finished basement that opens to the exterior. On-site parking accommodates up to six cars.

The property is near public transportation and convenience stores, with Newark Penn Station a six-minute trip away. WalkScore is 71, TransitScore is 57, and BikeScore is 42.

Key Highlights

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

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
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Frequently Asked Questions

What type of property is this?
Duplex - Eight bedrooms and three bathrooms serve the 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; Finished basement with walkout exit; Parking for up to 6 cars
More about this property
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