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Duplex with Finished Basement
For Sale
$715,000
Pending

17 Wolcott Ter, Newark, NJ 07112

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

Property SizeContact for details
Lot Size0.09 Acres
Days on Market69

Property Features for 17 Wolcott Ter

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 1, Bathroom 3, Bedroom 6, Bedroom 2, Basement, Bedroom 5, Bedroom 3
Parking 6
Interior features Fire Extinguisher
Exterior features Metal Fence, Storage Shed
Fencing Fenced
Lot features Level Lot
Elementary school NEWTON
Middle school HAWTHORNE
High school TECHNOLOGY
Directions GPS: 17 Wolcott Ter, Newark, NJ 07112
Standard status Pending
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8401

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1922
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: EXP REALTY, LLC
Listed By: SHERLEY SANTIAGO · License #309873
Added: Jun 26 Changed: Aug 28 Last Checked: Sep 2 at 6:06AM
MLS# 4037299

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 duplex, built in 1922, contains two residential units with distinct room configurations. One unit has three bedrooms, a living room, dining area, and full bathroom; the other includes four bedrooms, a living room, and full bathroom. A finished basement adds another full bathroom and walkout access, with potential for recreation, storage, or additional living flexibility as described in the property information.

The property occupies 0.09 acres at 17 Wolcott Ter in Newark City, within the Weequahic neighborhood. Exterior features include a fenced side yard, metal fencing, a storage shed, and a driveway accommodating up to six vehicles. Public water and public sewer serve the property. Heating is provided by baseboard and hot water systems, and the roof is shingle.

Key Highlights

  • Two‑unit duplex with three bedrooms in one unit and four bedrooms in the other
  • Finished basement includes a full bathroom and walkout access
  • Driveway parking for up to six vehicles

Property Analytics

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

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 - Two residential units provide distinct living areas, complemented by a finished basement with a bathroom and walkout access.
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 $715,000.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms in one unit and four bedrooms in the other; Finished basement includes a full bathroom and walkout access; Driveway parking for up to six vehicles
More about this property
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