149 Fairmount Ave Newark, NJ 07103
Fairmount NeighborhoodEstimated payment $4,066/month
About This Home
BACK ON THE MARKET!! Well-maintained 2-family home ideally located just minutes from Rutgers University. Each unit offers spacious bedrooms, a comfortable living area, a full kitchen, and a full bathroom. The finished attic and basement provide additional flexibility for storage, future expansion, or added rental potential. Conveniently located near transportation, shopping, and major highways, this property presents strong investment potential in a high-demand rental area. Property is back on the market due to buyer's inability to perform. Being sold strictly As Is, with the seller responsible for obtaining the Certificate of Occupancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,267
Lot Details
- 2,614 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Window Unit Cooling System
- Multiple Heating Units
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1614-00258-0000-00038-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,144 | $164,800 | $24,900 | $139,900 |
| 2024 | $6,144 | $164,800 | $24,900 | $139,900 |
| 2022 | $6,157 | $164,800 | $24,900 | $139,900 |
| 2021 | $6,154 | $164,800 | $24,900 | $139,900 |
| 2020 | $6,262 | $164,800 | $24,900 | $139,900 |
| 2019 | $6,198 | $164,800 | $24,900 | $139,900 |
| 2018 | $6,086 | $164,800 | $24,900 | $139,900 |
| 2017 | $5,867 | $164,800 | $24,900 | $139,900 |
| 2016 | $5,669 | $164,800 | $24,900 | $139,900 |
| 2015 | $5,453 | $164,800 | $24,900 | $139,900 |
| 2014 | $5,110 | $164,800 | $24,900 | $139,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $690,000 | +69.5% | -- | |
| 10/04/2022 10/04/22 | Sold | $407,000 | -4.2% | -- | View Prior Sale |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- | |
| 07/09/2022 07/09/22 | For Sale | $425,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $410,000 | -- | |
| Deed | $315,000 | -- | |
| Deed | $315,000 | -- | |
| Bargain Sale Deed | $315,000 | -- | |
| Bargain Sale Deed | $315,000 | -- | |
| Deed | $190,000 | -- | |
| Deed | $190,000 | -- | |
| Deed | $190,000 | -- | |
| Sheriffs Deed | $55,390 | None Available | |
| Deed | $499,000 | -- | |
| Deed | $428,000 | -- | |
| Deed | $125,000 | -- | |
| Deed | $200,000 | -- | |
| Deed | $6,790 | -- | |
| Deed | $125,000 | -- | |
| Deed | $76,900 | -- | |
| Deed | $45,101 | -- | |
| Deed | $111,000 | -- | |
| Deed | $89,900 | -- | |
| Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $374,250 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $342,400 | New Conventional | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $121,489 | No Value Available |
Source: Garden State MLS
MLS Number: 4007111
APN: 14-00258-0000-00038
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Ask me questions while you tour the home.