NOT LISTED FOR SALE

193 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $291,000 - $582,000

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

Last Sold November 24, 2020

Last sale price $190,000

Est. 137% increase in value since last sale

Current estimated payment $2,824/month

52 Days on Market

About This Home

As of November 2020

This home is located at 193 Fairmount Ave, Newark, NJ 07103 since 24 July 2020 and is currently estimated at $450,142. This property was built in 1905. 193 Fairmount Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

JOSE RODRIGUES

ALIGN RIGHT REALTY HOMEKEY Brokerage Phone: 201-939-0050 Listed on: 07/24/2020

Last Buyer's Agent

JOSE RODRIGUES

ALIGN RIGHT REALTY HOMEKEY Brokerage Phone: 201-939-0050 Listed on: 07/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • County Name: Essex
  • Street Number Display: 193
  • I D: 5001935
  • Modified: 2021-11-25
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • 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
Jul 24, 2020
Closed on
Nov 23, 2020
Sold by
193 Fairmount Avenue Llc
Bought by
Fairmount Capital Holdings Llc
Seller's Agent
JOSE RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
Buyer's Agent
JOSE RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%
Current Estimated Value
$450,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,142
Avg. Annual Appreciation
20.76%
Original Mortgage
$324,700
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 4, 2018
Sold by
99 Rose Ter Capital Llc
Bought by
193 Fairmount Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.65%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Terry Alan
Bought by
Jones Shanell and Jones Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 19, 2003
Sold by
Cunningham Jeanette
Bought by
Tgerry Alan and Terry Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.34%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Fairmount Capital Holdings Llc $190,000 Chicago Title Insurance Co
193 Fairmount Avenue Llc $119,000 Ans Title
Jones Shanell $220,000 --
Tgerry Alan $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairmount Capital Holdings Llc $333,750
Closed Fairmount Capital Holdings Llc $324,700
Previous Owner 193 Fairmount Avenue Llc $194,000
Previous Owner Jones Shanell $176,000
Previous Owner Tgerry Alan $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $190,000 -24.0% --
09/14/2020 09/14/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $250,000 +277.9% --
05/18/2018 05/18/18 Sold $66,150 +1.8% --
04/10/2018 04/10/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $65,000 -- --
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 $5,100 $126,800 $26,300 $100,500
2024 $5,100 $136,800 $26,300 $110,500
2022 $5,111 $136,800 $26,300 $110,500
2021 $5,108 $136,800 $26,300 $110,500
2020 $5,198 $136,800 $26,300 $110,500
2019 $5,145 $136,800 $26,300 $110,500
2018 $5,052 $136,800 $26,300 $110,500
2017 $4,870 $136,800 $26,300 $110,500
2016 $4,706 $136,800 $26,300 $110,500
2015 $4,527 $136,800 $26,300 $110,500
2014 $4,242 $136,800 $26,300 $110,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JOSE RODRIGUES

    ALIGN RIGHT REALTY HOMEKEY

  • M

    Seller's Agent in 2018

    Mital Amin

    SILVER AND OAK REALTY

    (215) 322-2207

    46 Total Sales

    Mital Amin
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    JIN KWON KIM

    EXP REALTY, LLC

  • E

    Buyer's Agent in 2018

    EMAD NAIROOZ

    TOP QUALITY REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3651015

Garden State MLS

APN: 14-00263-0000-00044

New Jersey Essex County Newark 07103 Fairmount

193 Fairmount Ave, Newark, NJ

This home is located at 193 Fairmount Ave, Newark, NJ 07103 since 24 July 2020 and is currently estimated at $450,142. This property was built in 1905. 193 Fairmount Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Cleveland Elementary School.

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