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29 Wolcott Terrace

Newark, Essex County, NJ

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Sale date passed
Tuesday, September 15, 2026

Key facts

Sale date9/15/2026
Judgment$422,278
Upset price$422,278
Sheriff #F-26002426
PlaintiffFREEDOM MORTGAGE CORPORATION
Year built1922
Lot size30X100.7
Assessed value$197,500
AttorneyBROCK & SCOTT, PLLC
AI

What you should know

Residential property located at 29 Wolcott Terrace, Newark, NJ 07112, identified as Lot 39, Block 3621 on the City of Newark official tax map, with dimensions of 30ft x 100.7ft. The property is currently occupied and is subject to a foreclosure action with a plaintiff's good faith upset price estimate of $387,600.00. The approximate judgment amount is $422,277.87 plus interest, costs, and fees, and the sale is subject to a one-year right of redemption by the United States of America.

Generated from listing data. May contain errors — verify independently.

Due diligence

Verify everything before bidding. These point to the authoritative public records — WritBid doesn't host them.

Equity signal

PRO
Est. market valueJudgment
$261,486$422,278
est. range $222,263 – $300,708
Debt 161% ⚠ Debt exceeds value
-$160,792
est. gross equity · range -$200,015 – -$121,570

Gross equity = estimated market value − judgment. Market value is derived from the county tax-assessed value using the official equalization ratio (an estimate, not an appraisal). Excludes junior liens, taxes, and costs — verify with comps before bidding.

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Bid worksheet

Model this deal end-to-end. Adjust every field. Nothing is saved; this is decision support, not financial advice.

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Purchase (max bid)$422,278
Rehab$15,800
Carrying (6mo)$21,904
Selling costs$15,800
Total invested$475,782
Projected profit -$278,282
Return on cost -58.5%

Estimate excludes liens, back taxes, and title issues that survive a sheriff sale. Always run a title search before bidding.

Listing timeline

Every tracked change to this sale — a history you won't find on the county site.

  • Sale adjourned
    Adjourned Plaintiff
    Sep 15, 2026
  • Sale adjourned
    Adjourned Plaintiff
    Aug 18, 2026
  • Sale adjourned
    Aug 18, 2026 → Sep 15, 2026
    Aug 13, 2026
  • First tracked by WritBid
    Aug 5, 2026

Disclaimer

WritBid is not an official source. Verify all details with the Essex County Sheriff's Office before bidding.

Any property information provided is for informational purposes only and has not been verified for its accuracy or completeness. Where available, the information provided has been obtained from a state, county, or local governmental or quasi-governmental entity, which may include an agency, department, board, commission, bureau, division, or a military or public safety organization. Property descriptions, documents, and pictures may not accurately describe or depict the property. No representations or warranties are made regarding the contents, accuracy, or completeness of any information provided. Prospective buyers should conduct their own independent due diligence. Prospective buyers are also encouraged to review public records that may contain important information concerning this property.

Location & nearby sales

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Nearby sales

Sourced from county Salesweb portal Last confirmed Sep 16, 3:06 AM Data status →