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$700,000
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Property Description
Welcome to this spacious and well-maintained two-family home located in Newark?s desirable Weequahic/Upper Clinton Hill neighborhood. This property features 8 bedrooms, 3 bathrooms, and parking for up to 6 cars, offering plenty of space and convenience. Finished basement with walkout exit. Near transportation and convenience stores and 6 minutes from the Newark Penn Station for an easy commute to NYC and other locations.Whether you are an owner-occupant looking for additional rental income or an investor seeking a multifamily property, this home presents an excellent opportunity.Schedule your showing today and come see all that this property has to offer!
Full Property Details
Full Property Details for 17 Wolcott Terrace
General
- Price: $700,000
- Taxes: $8,401 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4056655
- Updated: 10/2/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 3
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Metal Fence
Parking
- Garage Description: See Remarks
Location
- County: Essex
- Driving Directions: Turn onto Wolcott Terrace from Hawthorne
School Information
- Elementary School: HAWTHORNE
- Middle School: TECHNOLOGY
- High School: UNIVERSITY
Heating & Cooling
- Cooling Type: Ceiling Fan, Wall A/C Unit(s)
- Heating Type: Radiant - Hot Water, Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Metal Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1922
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room
- Square Feet: 2638
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Dining Room, Living Room
- Square Feet: 2638
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 41.6 x 95.9
- Driveway/Sidewalk: Concrete, Fencing
- Lot Description: Level Lot
Financial Considerations
- Expenses: Hot & Cold Water
- Operating Expenses: $999
- Assessment Amount: $188,400
- Land Assmt: $21,700
- Tax Amount: $8,401
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 3621
- Lot Number: 44
Listed by Exp Realty, Llc
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Schools
Schools serving 17 Wolcott Terrace
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.6 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.6 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.5 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17 Wolcott Terrace
Date
Details
Price
Change
Source
10/02/2026
Listed
$700,000
29.63%
MLS
1/08/2025
Sold
$540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17 Wolcott Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,402
7%
$210,100
—
2023
$7,833
—
$210,100
—
2022
$7,849
—
$210,100
—
2021
$7,845
48%
$210,100
46%
2021
$5,285
-2%
$143,900
—
2019
$5,412
2%
$143,900
—
2018
$5,314
4%
$143,900
—
2017
$5,123
3%
$143,900
—
2016
$4,950
4%
$143,900
—
2015
$4,762
12%
$143,900
—
2013
$4,249
—
$143,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17 Wolcott Terrace
17 Wolcott Ter, Newark, NJ 07112 (MLS# 4056655) is a Multi-Family property with 2 units containing 8 bedrooms, 3 full bathrooms and 3 partial bathrooms. 17 Wolcott Ter is currently listed for $700,000 and was received on October 02, 2026. Want to learn more about 17 Wolcott Ter? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

