NOT LISTED FOR SALE

73 Wolcott Terrace Unit 75 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $734,336 - $816,000

12 Beds
6 Baths
4,833 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $755,000 $156 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,303/month

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Ceiling Fan
  • Home Security System
  • Open Floorplan
  • Fenced

About This Home

As of January 2024

This home is located at 73 Wolcott Terrace Unit 75, Newark, NJ 07112 since 06 February 2024 and is currently estimated at $778,584, approximately $161 per square foot. This property was built in 1920. 73 Wolcott Terrace Unit 75 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Broker Non-MLS

MLS Listed on: 02/06/2024

Last Buyer's Agent

Salvatore Settepani

EXP Realty License #10301221098

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,716

Year Built

  • Built in 1920

Lot Details

  • 3,585 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 4,833 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Home Security System
  • Washer

Kitchen

  • Eat-In Kitchen
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 0018 / 03622
  • Assessor Parcel Number 03622-0018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,716

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 51,2x70
  • Modification Timestamp: 2024-09-25
  • Directions: gps
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approx
  • Year Built: 1920
  • General Property Info:Style2: Multi-Level
  • ContractLocation Information:List PriceSqFt2: 163.25
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Good
  • General Property Info:Apartment Desc: 5 room apartment
  • General Property Info:Year Renovations: 2018.0
  • Washers: Yes
  • General Property Info Bldg Dimensions: 4833
  • General Property Info Handicap Access: Yes
  • Special Features: None
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances: Dishwasher, Freezer, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Interior Amenities: Ceiling Fan, Security System
  • General Property Info:Stories2: 2.0
  • General Property Info:Total Rooms Main Unit: 20
  • General Property Info:Basement Type: Full
  • Dining Room:Combination: Yes
  • Kitchen:Eat In: Yes
  • Living Room:Combination2: Yes
  • Main Bath:Full Bath: Yes
  • Kitchen:YardDeck Access: Yes
  • Appliances Dishwasher: Yes
  • Interior:Ceiling Fan: Yes
  • Interior:Security System: Yes
  • Appliances:Freezer: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Lot Features: Back
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • General Property Info:Waterview: No
  • Exterior:Fence: Yes
  • Yard:Back: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage Location: None
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 4.0
  • General Property Info:Air Conditioner: Central
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Forced Air: Yes
  • Siding:Vinyl Siding: Yes
  • General Property Info Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 3585.0
  • Lot Size Units: Square Feet
  • Parcel #: 03622-0018
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3585.0
  • General Property Info:Lot Dim: 51,2x70

Rental Info

  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 11716.0
  • Tax Block: 03622
  • Tax Lot: 0018
  • General Property Info:Taxes2: 11716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Jan 18, 2024
Sold by
Gsc Rei Llc
Bought by
Mertiri Irena and Mertiri Zherom
Seller's Agent
Broker Non-MLS
MLS
Buyer's Agent
Salvatore Settepani
EXP Realty
List Price
$789,000
Sold Price
$755,000
Premium/Discount to List
-$34,000
-4.31%
Current Estimated Value
$790,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,593
Avg. Annual Appreciation
1.99%
Original Mortgage
$741,325
Outstanding Balance
$729,718
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$48,866

Purchase Details

Closed on
Nov 18, 2020
Sold by
Durio Audra
Bought by
Gsc Rei Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Bomarc Llc
Bought by
Durio Audra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,762
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2009
Sold by
Bank Of New York
Bought by
Bomarc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 7, 2008
Sold by
Neustein Neustein Rose Rose
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 9, 2005
Sold by
Veneziano George
Bought by
Neustein Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.34%

Purchase Details

Closed on
Nov 22, 2003
Sold by
Nelums Gerald
Bought by
Veneziano George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.65%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Acts Property
Bought by
Mccantis Jacqueline Mc

Purchase Details

Closed on
Dec 9, 1999
Sold by
Bankers Trust
Bought by
Acts Property Management

Purchase Details

Closed on
Dec 5, 1994
Sold by
Midas Investors
Bought by
Perez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.81%

Purchase Details

Closed on
Jan 31, 1994
Sold by
Chemical Bk
Bought by
Ge Capital

Purchase Details

Closed on
Jun 1, 1993
Sold by
Fontoura Armando B Sheriff
Bought by
Chemical Bank

Purchase Details

Closed on
Jun 9, 1989
Sold by
Montgomery James H
Bought by
Ashe Mary G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mertiri Irena $769,000 Stewart Title
Gsc Rei Llc $399,500 Clear Skies Title
Durio Audra $356,500 None Available
Bomarc Llc $86,000 Interstate 1St Title Agency
Bank Of New York -- None Available
Neustein Rose $394,000 --
Veneziano George $265,000 --
Mccantis Jacqueline Mc $72,500 --
Acts Property Management $60,000 --
Perez Guadalupe $39,000 --
Ge Capital $51,164 --
Chemical Bank $100 --
Ashe Mary G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertiri Irena $741,325
Previous Owner Gsc Rei Llc $400,000
Previous Owner Durio Audra C $349,106
Previous Owner Durio Audra $351,762
Previous Owner Bomarc Llc $184,000
Previous Owner Neustein Rose $364,000
Previous Owner Neustein Rose $104,000
Previous Owner Neustein Rose $352,800
Previous Owner Veneziano George $212,000
Previous Owner Perez Guadalupe $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 For Sale $789,000 +4.5% $163 / Sq Ft
01/19/2024 01/19/24 Sold $755,000 0.0% $156 / Sq Ft
01/19/2024 01/19/24 Sold $755,000 -4.3% $156 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $789,000 -1.3% $163 / Sq Ft
08/09/2023 08/09/23 For Sale $799,500 -- $165 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,691 $313,600 $25,400 $288,200
2024 $11,691 $313,600 $25,400 $288,200
2022 $11,716 $313,600 $25,400 $288,200
2021 $11,710 $313,600 $25,400 $288,200
2020 $11,917 $313,600 $25,400 $288,200
2019 $11,795 $313,600 $25,400 $288,200
2018 $11,581 $313,600 $25,400 $288,200
2017 $11,164 $313,600 $25,400 $288,200
2016 $10,788 $313,600 $25,400 $288,200
2015 $10,377 $313,600 $25,400 $288,200
2014 $9,725 $313,600 $25,400 $288,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 2400674

Staten Island Multiple Listing Service

APN: 14-03622-0000-00018