NOT LISTED FOR SALE

198 Fairmount Ave Unit 3 Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $612,864

2 Beds
1 Bath
4,246 Sq Ft
$144/Sq Ft Est. Value

About This Home

This home is located at 198 Fairmount Ave Unit 3, Newark, NJ 07103 and is currently estimated at $612,864, approximately $144 per square foot. 198 Fairmount Ave Unit 3 is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Nelson Mandela Elementary School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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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

Closed on
Jul 27, 2021
Sold by
Panchal Rakhee and Pachal Rakhee
Bought by
Current Estimated Value
$612,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$306,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$306,773

Purchase Details

Closed on
Aug 13, 2020
Sold by
Raposo Eduardo
Bought by
Pachal Rakhee

Purchase Details

Closed on
Feb 25, 2017
Sold by
Raposo Eduardo and Ribeiro Ernane
Bought by
Raposo Eduardo

Purchase Details

Closed on
Mar 19, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Raposo Eduardo and Ribeiro Ernane

Purchase Details

Closed on
Oct 2, 2008
Sold by
Brown Almerice
Bought by
Deutsche Bank National Trust Company and Haborview 2005-07

Purchase Details

Closed on
Oct 1, 2003
Sold by
Alice Holdings
Bought by
Brown Almerice

Purchase Details

Closed on
Jun 5, 2003
Sold by
Indymac Bk
Bought by
Alice Holding

Purchase Details

Closed on
Sep 19, 1999
Sold by
Vitaliano Mario
Bought by
Vitaliano Mario and Vitagliano Alessio
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Fairmount, NJ

  • Patrick Dwyer Real Estate Agent - EXIT REALTY LUCKY ASSOCIATES

    Patrick Dwyer

    EXIT REALTY LUCKY ASSOCIATES

    (908) 503-5926

    39 Total Sales

    1 in Fairmount

    $755,000 Price

    Patrick Dwyer
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  • Karen Brown Real Estate Agent - EXP Realty, LLC

    Karen Brown

    EXP Realty, LLC

    (848) 800-4288

    73 Total Sales

    1 in Fairmount

    $480,000 Price

    Karen Brown
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  • Augusto Neno Real Estate Agent - Neno-Rosa Agency

    Augusto Neno

    Neno-Rosa Agency

    (862) 278-9673

    75 Total Sales

    2 in Fairmount

    $504,000 Price Range

    Augusto Neno
     Section Image
  • Steven Lartiga Real Estate Agent - Neno-Rosa Agency

    Steven Lartiga

    Neno-Rosa Agency

    (862) 280-2040

    12 Total Sales

    1 in Fairmount

    $504,000 Price

    Steven Lartiga
     Section Image
  • Michael Dunn Real Estate Agent - EXP Realty, LLC

    Michael Dunn

    EXP Realty, LLC

    (551) 243-7398

    63 Total Sales

    2 in Fairmount

    $650,000 Price Range

    Michael Dunn
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  • Ana Deborah Ofsievich Real Estate Agent - KELLER WILLIAMS REALTY

    Ana Deborah Ofsievich

    KELLER WILLIAMS REALTY

    (908) 332-0919

    47 Total Sales

    1 in Fairmount

    $400,000 Price

    Ana Deborah Ofsievich
     Section Image
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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
-- Ats Title Agency Inc
Pachal Rakhee $385,000 Majestic Title Agency Llc
Raposo Eduardo $45,000 First American Title Insuran
Raposo Eduardo $34,900 Multiple
Deutsche Bank National Trust Company -- None Available
Brown Almerice $240,000 --
Alice Holding $125,000 --
Vitaliano Mario $58,000 --
Vitaliano Mario $58,000 --
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 $341,250
Source: Public Records

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
2026 $8,998 $225,000 $26,400 $198,600
2025 $8,998 $225,000 $26,400 $198,600
2024 $8,388 $225,000 $26,400 $198,600
2022 $11,783 $315,400 $26,400 $289,000
2021 $11,777 $315,400 $26,400 $289,000
2020 $6,342 $166,900 $26,400 $140,500
2019 $6,277 $166,900 $26,400 $140,500
2018 $6,164 $166,900 $26,400 $140,500
2017 $5,942 $166,900 $26,400 $140,500
2016 $5,741 $166,900 $26,400 $140,500
2015 $5,523 $166,900 $26,400 $140,500
2014 $5,176 $166,900 $26,400 $140,500
Source: Public Records

Map

New Jersey Essex County Newark 07103 Fairmount

198 Fairmount Ave Unit 3, Newark, NJ

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.

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