NOT LISTED FOR SALE

81 Wolcott Terrace Unit 2 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $447,000 - $636,000

3 Beds
1 Bath
2,420 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $610,000 $252 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,541/month

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Vinyl Flooring
  • Galley Kitchen
  • Combination Dining and Living Room

About This Home

As of July 2024

GUT RENOVATED 3 Bedroom, 1 Bathroom Apartment , Kitchen has stainless steel appliances w/ Quartz counter top and soft closed cabinets. Unit has Central A/C & Forced Hot Air. recessed lighting . tankless water heater. This unit comes with Garage. Conveniently located near major highways, airport, newyork and more. 1st month rent + 1.5 month security, Programs accepted. NTN screening report a must for everyone over 18 years of age. income verification/paystubs and photo ID.

Last Agent to Rent the Property

Keke Wilkins

KELLER WILLIAMS ELITE REALTORS Listed on: 04/22/2024

KELLER WILLIAMS ELITE REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,567

Year Built

  • 1921

Lot Details

  • 1,904 Sq Ft Lot
  • Lot Dimensions are 79.00 x 17.00

Parking

  • 2 Car Detached Garage

Home Design

  • Half Duplex

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, hot water, water
  • 12 Month Lease Term

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,567

Year Built

1921

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Electricity, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0437
  • Lot Size: 79.00 x 17.00
  • Subdivision Name: none
  • Architectural Style: 1/2 Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: 1/2 Duplex
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2
  • Year Built: 1921

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Not Eat-in Kitchen, Galley Type
  • Appliances: Gas Range/Oven, Microwave, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl-Linoleum
  • Living Area: 2420
  • Stories: 2

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 1904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 16, 2024
Sold by
Gra Investments Llc
Bought by
Hodge Akin and Hodge Khatisha Ali
Seller's Agent
Carmen Schlesinger
PETRA BEST REALTY, LLC.
Buyer's Agent
Keke Wilkins
KELLER WILLIAMS ELITE REALTORS
List Price
$510,000
Sold Price
$610,000
Premium/Discount to List
$100,000
19.61%
Views
18
Current Estimated Value
$572,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,840
Avg. Annual Appreciation
-7.77%
Original Mortgage
$598,951
Outstanding Balance
$590,888
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
-$41,755

Purchase Details

Closed on
Jan 8, 2023
Sold by
Peeks Mary A
Bought by
Gra Investments Llc

Purchase Details

Closed on
Jan 2, 1990
Sold by
Admin Of Va
Bought by
Peeks Clifford D and Peeks Mary A
Source: Public Records

Range of Values:

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Average Value
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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
Hodge Akin $610,000 None Listed On Document
Gra Investments Llc $25,000 --
Peeks Clifford D $15,000 --
Peeks Clifford $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Akin $598,951
Previous Owner Peeks Mary A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $2,550 -1.9% --
04/30/2024 04/30/24 Price Changed $2,599 -5.5% $1 / Sq Ft
04/22/2024 04/22/24 For Rent $2,750 0.0% --
04/19/2024 04/19/24 Sold $610,000 +19.6% $252 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $510,000 -- $211 / Sq Ft
Source: All Jersey MLS

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 $4,567 $242,500 $22,200 $220,300
2024 $4,567 $122,500 $22,200 $100,300
2022 $4,577 $122,500 $22,200 $100,300
2021 $4,574 $122,500 $22,200 $100,300
2020 $4,655 $122,500 $22,200 $100,300
2019 $4,607 $122,500 $22,200 $100,300
2018 $4,524 $122,500 $22,200 $100,300
2017 $4,361 $122,500 $22,200 $100,300
2016 $4,214 $122,500 $22,200 $100,300
2015 $4,054 $122,500 $22,200 $100,300
2014 $3,799 $122,500 $22,200 $100,300
Source: Public Records

Agents Affiliated with this Home

  • Keke Wilkins

    Landlord's Agent in 2024

    Keke Wilkins

    KELLER WILLIAMS ELITE REALTORS

    (718) 208-6840

    1 in this area

    28 Total Sales

    Section Image

  • C

    Seller's Agent in 2024

    Carmen Schlesinger

    PETRA BEST REALTY, LLC.

    (732) 979-0011

    2 in this area

    27 Total Sales

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Map

Source: All Jersey MLS

MLS Number: 2410934R

All Jersey MLS

APN: 14-03622-0000-00017

New Jersey Essex County Newark 07112 Weequahic

81 Wolcott Terrace Unit 2, Newark, NJ

This home is located at 81 Wolcott Terrace Unit 2, Newark, NJ 07112 since 22 April 2024 and is currently priced at $549,133. This property was built in 1921. 81 Wolcott Terrace Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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