For Multi Family

81 Wolcott Ter,Newark City, NJ 07112

January 3, 2026

Welcome to Newark! Set in a prime, ultra-convenient location, this property offers quick access to major highways, the airport, New York City, and more perfect for commuters and tenants alike.This recently renovated unit (2024) was redone top to bottom with no detail overlooked. Each unit features 3 bedrooms, 1 full bath, a bright open-concept layout, and spans two levels (half-duplex style) for added privacy and space. Everything is brand new walls, windows, doors, flooring, and beautiful modern bathrooms. Enjoy stainless steel appliances, central A/C, tankless water heaters, recessed lighting, and sleek contemporary finishes throughout.Location, renovation, and value all in one smart purchase.

Property ID:PT-25227331-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 630,000 $

Bedrooms:6

Year Built:1921

Listing Details

Status: Active

Location

County: Essex

Lotsize: 24.11X79

Lot Identifier: 17

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Full

Acreage: 0.04

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 10

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle, Flat

Possesion: At closing

Unit 1 Appliances/Equipment: Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 999

Unit 1 Rent: 2250

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 2 Appliances/Equipment: Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 999

Unit 2 Rent: 2250

Unit 2 Room Description: Bedrooms, Kitchen, Living Room

Garage Description: Detached Garage

Number of Garage Spaces: 2

Block Identifier: 3622

County Number: 16

Town Number: 1614

YB/Desc: 1921 - Approximate

Easement: Unknown

Parking/Driveway Description: 2 Car Width

Block Identifier: 3622

County Number: 16

Town Number: 1614

Possession: At closing

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units, Cent Register Heat

Cool System: Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas In Street, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-03622-0000-00017-0000-

Tax Amount: $9,222.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $22,200.00

Building Assessment: $220,300.00

Total Assessment: $242,500.00

FHA Age Restricted: No

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Listing Details

81 Wolcott Ter,Newark City, NJ 07112

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