NOT LISTED FOR SALE

196 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $698,142 - $775,000

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

Sale Details

Date Sold: March 16, 2023

Last sale price $550,000

Est. 34% increase in value since last sale

Current estimated payment $4,806 / mo

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 $736,286. 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

Year Built

  • Built in 1877

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1877

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1877
  • County Name: Essex
  • I D: 5197856
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 6, 2023
Sold by
Bought by
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
$736,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,286
Avg. Annual Appreciation
9.33%
Original Mortgage
$440,000
Outstanding Balance
$425,082
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$311,204

Purchase Details

Closed on
Aug 24, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2017
Sold by
Bought by

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 --
-- --
$110,000 --
$40,000 --
$2,700 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,044 $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

  • Lipa Brach

    Seller's Agent in 2023

    Lipa Brach

    KELLER WILLIAMS VALLEY REALTY

    (201) 932-2005

    4 in this area

    69 Total Sales

    Lipa Brach
    Section Image
  • David Giron

    Buyer's Agent in 2023

    David Giron

    EXP REALTY, LLC

    (201) 615-9085

    1 in this area

    39 Total Sales

    David Giron
    Section Image
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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

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