149 Fairmount Ave Newark, NJ 07103
Fairmount NeighborhoodEstimated payment $4,000/month
About This Home
Well-kept 2-family home located just minutes from Rutgers University. Each unit offers spacious bedrooms, a living area, kitchen, and full bathroom. A finished attic and basement add versatility for storage, rental income, or expansion. The property is vacant, in good condition, and available immediately. Being sold strictly "As Is, with the seller responsible for obtaining the Certificate of Occupancy. An excellent opportunity with strong rental potential in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,267
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
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
Community Details
- Net Operating Income $999
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 |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- | |
| 08/19/2025 08/19/25 | For Sale | $665,000 | +63.4% | -- | |
| 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 | -- | |
| 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: 3982130
APN: 14-00258-0000-00038
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