NOT LISTED FOR SALE

196 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $647,000 - $840,000

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

Last Sold March 16, 2023

Last sale price $550,000

Est. 33% increase in value since last sale

Current estimated payment $4,765/month

41 Days on Market

About This Home

As of March 2023

This home is located at 196 Fairmount Ave, Newark, NJ 07103 since 11 January 2023 and is currently estimated at $729,467. This property was built in 1877. 196 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

Lipa Brach

KELLER WILLIAMS VALLEY REALTY Brokerage Phone: 732-564-6900 Listed on: 01/11/2023

KELLER WILLIAMS VALLEY REALTY

Last Buyer's Agent

David Giron

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,846

Year Built

  • Built in 1877

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,846

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Year Built: 1877
  • County Name: Essex
  • Street Number Display: 196
  • I D: 5197856
  • Modified: 2024-03-17
  • Number Images: 15
  • Attribution Contact: 732-564-6900
  • 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
Jan 11, 2023
Closed on
Mar 6, 2023
Sold by
Wieder David
Bought by
Cmwj Llc
Seller's Agent
Lipa Brach
KELLER WILLIAMS VALLEY REALTY
Buyer's Agent
David Giron
EXP REALTY, LLC
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
99
Current Estimated Value
$729,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,467
Avg. Annual Appreciation
11.07%
Original Mortgage
$440,000
Outstanding Balance
$427,082
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$286,517

Purchase Details

Closed on
Aug 24, 2018
Sold by
196 Fairmount Llc
Bought by
Mittelman Matty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.52%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Taylor Holdings Llc
Bought by
196 Fairmount Llc

Purchase Details

Closed on
Aug 18, 2017
Sold by
Atcf Reo Holdings Llc
Bought by
Taylor Holdings Llc

Purchase Details

Closed on
Mar 22, 1978
Bought by
Jean Ronald W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cmwj Llc $550,000 --
Mittelman Matty -- --
196 Fairmount Llc $110,000 --
Taylor Holdings Llc $40,000 --
Jean Ronald W $2,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cmwj Llc $440,000
Previous Owner Wieder David $318,500
Previous Owner Wieder David $318,500
Previous Owner Wieder David $277,500
Previous Owner Mittelman Natty $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $550,000 +0.2% --
02/21/2023 02/21/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $549,000 -- --
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 $9,846 $264,100 $26,300 $237,800
2024 $9,846 $264,100 $26,300 $237,800
2022 $9,867 $264,100 $26,300 $237,800
2021 $9,861 $264,100 $26,300 $237,800
2020 $10,036 $264,100 $26,300 $237,800
2019 $6,070 $161,400 $26,300 $135,100
2018 $5,961 $161,400 $26,300 $135,100
2017 $5,746 $161,400 $26,300 $135,100
2016 $5,552 $161,400 $26,300 $135,100
2015 $5,341 $161,400 $26,300 $135,100
2014 $5,005 $161,400 $26,300 $135,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lipa Brach

    KELLER WILLIAMS VALLEY REALTY

    (201) 932-2005

    5 in this area

    54 Total Sales

    Lipa Brach
    Section Image
  • David Giron

    Buyer's Agent in 2023

    David Giron

    EXP REALTY, LLC

    (201) 615-9085

    2 in this area

    36 Total Sales

    David Giron
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3823957

Garden State MLS

APN: 14-00262-0000-00017

New Jersey Essex County Newark 07103 Fairmount

196 Fairmount Ave, Newark, NJ

This home is located at 196 Fairmount Ave, Newark, NJ 07103 since 11 January 2023 and is currently estimated at $729,467. This property was built in 1877. 196 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes