by RHP Realty

Check Availability
$197,900
House - In Contract

39 Wolcott Terrace

Newark, NJ 07112
bedrooms
2 Beds
bathrooms
1 Bath
$1,149
Estimated Monthly
$0
HOA / Fees
10.15%
Cap Rate

About This Property

Attention, Investors! Unlock the full potential of this prime property zoned for a two/three-family residence. Fully gutted with two bedrooms, one bath, and an unfinished basement. This property has possibilities for expansion.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1927
Listed By
SEBASTIAN GALEANO
REALTY EMPIRE, LLC
Last updated: 14 days ago (NJMLS #24008213)

Price History

Date / Event Date Event Price
Apr 17, 2024 In contract -
In contract
Mar 19, 2024 Listed by REALTY EMPIRE, LLC $197,900
Listed by REALTY EMPIRE, LLC
Attention, Investors! Unlock the full potential of this prime property zoned for a two/three-family residence. Fully gutted with two bedrooms, one bath, and an unfinished basement. This property has possibilities for expansion.
Oct 18, 2022 Sold $150,000
Sold

Property Highlights

Parking Details
None
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Bathrooms: 1

Room Information

Total Rooms: 6

Fireplace Information

None

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,225
  • Lot Size Depth Feet: 1,056
  • Lot Size Frontage Feet: 400
  • Total Building Area: 943
  • Building Area: 943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RENEGADE ENTERPRISES LLC
  • Previous Owner : PARKERS WORLD INC
  • Owner Before Previous Owner: DURMAZ MURAT
  • Owner Before Previous Owner 2: DURMAZ ALI
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 30, 2023

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 005300

Geography

  • Assessors Map Reference: TAX MAP 103
  • District: 14
  • Parcel: 14 03621-0000-00035
  • Block: 3621
  • Lot: 35
  • Municipality: NEWARK CITY
  • Latitude: 40.7171
  • Longitude: -74.2117

    Address

  • Full Address: 39 Wolcott Ter
  • Address - House Number: 39
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Newark
  • Carrier Code: C036
  • 4-Digit Zip Code: 1621
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,122

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 226,513
  • High Value: 285,797
  • Low Value: 167,228

    Market Valuation

  • Market Total Value: $56,800
  • Market Land Value: $18,900
  • Market Improvement Value: $37,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,800
  • Assessed Land Value: $18,900
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Transaction ID: 11898252299
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 92827
  • Previous Sale Recording Date: Sep 30, 2022
  • Previous Sale Contract Date: Sep 21, 2022
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ECF FUND I LLC
  • First Mortgage Transaction Date: Oct 18, 2022
  • First Mortgage Loan Amount: $187,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 06, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$209,880 Nov 30, -0001
$215,000 Mar 18, 2022
-
Land
Loft
-
-
$200,000 Nov 30, -0001
$145,000 Mar 18, 2022
-
Land
Loft
-
-
$189,000 Nov 30, -0001
$162,500 Mar 23, 2022
-
House
2 Beds
1 Bath
-
$199,000 Apr 12, 2024
-
$357/mo
House
3 Beds
1 Bath
-
$225,000 Mar 25, 2024
-
-

About Upper Clinton Hill


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Frequently Asked Questions

When was property at 39 Wolcott Terrace built and last sold?
The property at 39 Wolcott Terrace was built in 1927 and last sold on Oct 6, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 39 Wolcott Terrace is $199,879.
What are some comparable homes to 39 Wolcott Terrace?
Homes that are comparable to 39 Wolcott Terrace include a house property at 28 Schuyler Avenue, a land property at 118 Hobson Street, 401 Hawthorne Avenue.

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