NOT LISTED FOR SALE

153 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $516,000 - $1,005,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $499,000

Est. 51% increase in value since last sale

Current estimated payment $5,229/month

5 Days on Market

About This Home

As of February 2021

This home is located at 153 Fairmount Ave, Newark, NJ 07103 since 25 December 2020 and is currently estimated at $753,011. This property was built in 1910. 153 Fairmount Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Harriet Tubman School.

Last Agent to Sell the Property

Imbar Meidani

IMPROOV HOMES Brokerage Phone: 973-743-9333 Listed on: 12/25/2020

Last Buyer's Agent

ROI VANA

IMPROOV HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,607

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,607

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • Street Number Display: 153
  • I D: 5041952
  • Modified: 2022-02-20
  • Number Images: 1
  • Attribution Contact: 973-743-9333
  • 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
Dec 25, 2020
Closed on
Feb 16, 2021
Sold by
Moch 153 F Llc
Bought by
Garcia Salvador Herrera and Herrera Maribel
Seller's Agent
Imbar Meidani
IMPROOV HOMES
Buyer's Agent
ROI VANA
IMPROOV HOMES
List Price
$485,000
Sold Price
$499,000
Premium/Discount to List
$14,000
2.89%
Current Estimated Value
$753,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,011
Avg. Annual Appreciation
9.84%
Original Mortgage
$489,961
Outstanding Balance
$440,212
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$323,787

Purchase Details

Closed on
Mar 6, 2020
Sold by
Us Bank Trust Na
Bought by
Kina Development Llc

Purchase Details

Closed on
Feb 21, 2020
Sold by
Kina Development Llc
Bought by
Moch 153 F Llc

Purchase Details

Closed on
Feb 11, 2020
Sold by
Kina Development Llc
Bought by
Moch 153 F Llc

Purchase Details

Closed on
Nov 3, 1988
Sold by
Cheatham Sherl Ann and Cheatham Wilsher,Carmen
Bought by
Cheatham William and Sherl Ann
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Garcia Salvador Herrera $499,000 1St Rate Ttl & Setmnt Svcs L
Kina Development Llc $129,150 Investors First Title Agency
Moch 153 F Llc $185,000 Investors First Title
Moch 153 F Llc $185,000 Investors First Title Agency
Cheatham William $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Salvador Herrera $489,961
Previous Owner Cheatham Sherl A $116,700
Previous Owner Cheatham Sherl A $99,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $499,000 0.0% --
02/03/2021 02/03/21 Price Changed $499,000 +2.9% --
12/30/2020 12/30/20 Pending -- -- --
12/25/2020 12/25/20 For Sale $485,000 -- --
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 $13,607 $365,000 $26,300 $338,700
2024 $13,607 $365,000 $26,300 $338,700
2022 $13,636 $365,000 $26,300 $338,700
2021 $6,161 $165,000 $26,300 $138,700
2020 $6,270 $165,000 $26,300 $138,700
2019 $7,247 $192,700 $26,300 $166,400
2018 $7,116 $192,700 $26,300 $166,400
2017 $6,860 $192,700 $26,300 $166,400
2016 $6,629 $192,700 $26,300 $166,400
2015 $6,376 $192,700 $26,300 $166,400
2014 $5,976 $192,700 $26,300 $166,400
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Imbar Meidani

    IMPROOV HOMES

    (347) 543-7377

    3 in this area

    32 Total Sales

    Imbar Meidani
    Section Image

  • R

    Buyer's Agent in 2021

    ROI VANA

    IMPROOV HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3686796

Garden State MLS

APN: 14-00258-0000-00040

New Jersey Essex County Newark 07103 Fairmount

153 Fairmount Ave, Newark, NJ

This home is located at 153 Fairmount Ave, Newark, NJ 07103 since 25 December 2020 and is currently estimated at $753,011. This property was built in 1910. 153 Fairmount Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Harriet Tubman School.

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