NOT LISTED FOR SALE

Estimated Value: $583,000 - $751,000

-- Bed
-- Bath
3,480 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 24, 2016

Last sale price $120,000 $34 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $4,053/month

328 Days on Market

About This Home

As of November 2016

This home is located at 129 Fairmount Ave, Newark, NJ 07103 since 01 August 2015 and is currently estimated at $656,963, approximately $188 per square foot. 129 Fairmount Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

LAWRENCE LABIRT

HOME ACCESS REALTY Brokerage Phone: 732-297-1100 Listed on: 08/01/2015

Last Buyer's Agent

LAWRENCE LABIRT

HOME ACCESS REALTY Brokerage Phone: 732-297-1100 Listed on: 08/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,640

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,640

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 129
  • I D: 4557338
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 732-297-1100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
Nov 12, 2016
Sold by
Perez Marisol and Porter Marisol
Bought by
129 Fairmount Llc
Seller's Agent
LAWRENCE LABIRT
HOME ACCESS REALTY
Buyer's Agent
LAWRENCE LABIRT
HOME ACCESS REALTY
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Current Estimated Value
$656,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,963
Avg. Annual Appreciation
18.44%

Purchase Details

Closed on
May 7, 2010
Sold by
Doron Han and Seidenman Elan
Bought by
Perez Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,944
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2009
Sold by
Us Bank Na
Bought by
Doron Ilan and Seidenman Elan

Purchase Details

Closed on
Oct 6, 2008
Sold by
Brown Almerice
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Jun 9, 2005
Sold by
Mckie Lincoln
Bought by
Brown Almerice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Alice Holdings
Bought by
Mckie Lincoln and Mckie Belle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.9%

Purchase Details

Closed on
May 13, 2003
Sold by
Hazel Eugene
Bought by
Alice Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,982
Interest Rate
5.69%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
129 Fairmount Llc $120,000 Trident Abstract Title
Perez Marisol $251,500 None Available
Doron Ilan $78,900 Multiple
Lasalle Bank National Association -- Land Title Svcs Of Nj Inc
Brown Almerice $320,000 --
Mckie Lincoln $275,000 --
Alice Holdings Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 129 Fairmount Llc $120,000
Open 129 Fairmount Llc $281,000
Previous Owner Perez Marisol $246,944
Previous Owner Brown Almerice $256,000
Previous Owner Mckie Lincoln $243,000
Previous Owner Alice Holdings Llc $134,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2016 11/24/16 Sold $120,000 -25.0% $34 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
08/01/2015 08/01/15 For Sale $159,900 -- $46 / Sq Ft
Source: Garden State 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 $6,640 $178,100 $26,300 $151,800
2024 $6,640 $178,100 $26,300 $151,800
2022 $6,654 $178,100 $26,300 $151,800
2021 $6,650 $178,100 $26,300 $151,800
2020 $6,768 $178,100 $26,300 $151,800
2019 $6,698 $178,100 $26,300 $151,800
2018 $6,577 $178,100 $26,300 $151,800
2017 $6,340 $178,100 $26,300 $151,800
2016 $6,127 $178,100 $26,300 $151,800
2015 $5,893 $178,100 $26,300 $151,800
2014 $5,523 $178,100 $26,300 $151,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3243309

Garden State MLS

APN: 14-00258-0000-00028