NOT LISTED FOR SALE

200 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $719,310 - $876,000

-- Bed
-- Bath
-- Sq Ft
36 Sq Ft Lot

Last Sold March 03, 2023

Last sale price $630,000

Est. 22% increase in value since last sale

Current estimated payment $5,395/month

22 Days on Market

About This Home

As of March 2023

This home is located at 200 Fairmount Ave, Newark, NJ 07103 since 22 November 2022 and is currently estimated at $799,578. 200 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

Veronica Hernandez

EXP REALTY, LLC Brokerage Phone: 201-854-8888 Listed on: 11/22/2022

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,671

Lot Details

  • 36 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,671

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 200
  • I D: 5191700
  • Modified: 2024-03-04
  • Number Images: 1
  • Attribution Contact: 201-854-8888
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 36.3X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Feb 27, 2023
Sold by
Garces Jose A
Bought by
Lunzer Eric
Seller's Agent
Veronica Hernandez
EXP REALTY, LLC
List Price
$619,000
Sold Price
$630,000
Premium/Discount to List
$11,000
1.78%
Views
76
Current Estimated Value
$770,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,600
Avg. Annual Appreciation
10.40%
Original Mortgage
$644,490
Outstanding Balance
$624,947
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$174,631

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 18, 2020
Sold by
Bustamante Zaira N
Bought by
Garces Jose A
Seller's Agent
Leny TORRES-AREVALO
EXP REALTY LLC
Buyer's Agent
Leny TORRES-AREVALO
EXP REALTY LLC
List Price
$599,000
Sold Price
$551,500
Premium/Discount to List
-$47,500
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$541,510
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2018
Sold by
200 Fairmount Avenue Llc
Bought by
Bustamante Zaira N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,070
Interest Rate
4.94%

Purchase Details

Closed on
Oct 23, 2018
Sold by
200 Fairmount Avenue Llc
Bought by
Bustamante Zaira N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,070
Interest Rate
4.94%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Vmc Farrell Corp
Bought by
200 Fairmont Avenue Llc

Purchase Details

Closed on
Dec 16, 2004
Sold by
Hendrickson Joyce
Bought by
Vmc Farrell Corp

Purchase Details

Closed on
Aug 29, 1994
Sold by
Oxford Finance
Bought by
Henderickson Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1992
Sold by
Fontoura Armando B Sheriff
Bought by
The Oxford Finance
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lunzer Eric $630,000 Stewart Title
Garces Jose A $551,500 Elite Title Group Llc
Bustamante Zaira N $320,000 --
Bustamante Zaira N $320,000 Jersey Coast Title
200 Fairmont Avenue Llc $80,000 --
Vmc Farrell Corp $47,500 --
Henderickson Joyce $41,500 --
The Oxford Finance $300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lunzer Eric $644,490
Previous Owner Garces Jose A $541,510
Previous Owner Bustamante Zaira N $411,070
Previous Owner Bustamante Zaira N --
Previous Owner Bustamante Zaira N $411,070
Previous Owner Henderickson Joyce $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $630,000 -1.4% --
12/14/2022 12/14/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $639,000 +3.2% --
11/22/2022 11/22/22 For Sale $619,000 +12.2% --
12/18/2020 12/18/20 Sold $551,500 -1.3% --
11/09/2020 11/09/20 Price Changed $559,000 +1.8% --
10/22/2020 10/22/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $549,000 -8.3% --
09/25/2020 09/25/20 For Sale $599,000 -- --
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 $13,671 $366,700 $26,200 $340,500
2024 $13,671 $366,700 $26,200 $340,500
2022 $13,700 $366,700 $26,200 $340,500
2021 $8,607 $230,500 $26,200 $204,300
2020 $8,759 $230,500 $26,200 $204,300
2019 $3,708 $98,600 $26,200 $72,400
2018 $3,641 $98,600 $26,200 $72,400
2017 $3,510 $98,600 $26,200 $72,400
2016 $3,392 $98,600 $26,200 $72,400
2015 $3,263 $98,600 $26,200 $72,400
2014 $3,058 $98,600 $26,200 $72,400
Source: Public Records

Agents Affiliated with this Home

  • Veronica Hernandez

    Seller's Agent in 2023

    Veronica Hernandez

    EXP REALTY, LLC

    (917) 623-2832

    1 in this area

    24 Total Sales

    Section Image
  • Leny TORRES-AREVALO

    Seller's Agent in 2020

    Leny TORRES-AREVALO

    EXP REALTY LLC

    (551) 556-8060

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3818762

Garden State MLS

APN: 14-00262-0000-00015

New Jersey Essex County Newark 07103 Fairmount

200 Fairmount Ave, Newark, NJ

This home is located at 200 Fairmount Ave, Newark, NJ 07103 since 22 November 2022 and is currently estimated at $799,578. 200 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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