$551,500
SOLD DEC 18, 2020

200 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood
9 Beds
5 Baths
-- Sq Ft
3,615 Sq Ft Lot

Recently Sold

8% Below List Price

27 Days on Market

About This Home

As of March 2023

WONDERFUL 3 FAMILY COMPLETE RENOVATED, THAT OFFERS 9 BEDROOMS, 4 BATHROOMS AND ALL SEPARATE UTILITIES. BEAUTIFUL LIVING AND DINING ROOM, EACH UNIT PROVIDES LARGE BRIGHT AND AIRY ROOMS WITH HARDWOOD FLOOR, BEDROOMS ARE SPACIOUS WITH TONS OF CLOSETS SPACE, + PARKING FOR 2 CARS AND ADDITIONAL 3 DRIVEWAY SPACE. GREAT LOCATION CLOSE TO UNIVERSITY'S, SCHOOLS, PARKS, SHOPPING STORES AND PUBLIC TRANSPORTATION.

Last Agent to Sell the Property

Leny TORRES-AREVALO

EXP REALTY LLC License #0787391 Listed on: 09/25/2020

EXP REALTY LLC

Last Buyer's Agent

Leny TORRES-AREVALO

EXP REALTY LLC License #0787391 Listed on: 09/25/2020

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Lot Details

  • Lot Dimensions are 36.3 x100

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Covered Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: PERSONAL
  • Legal Lot and Block 15 / 262
  • Assessor Parcel Number 3436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: PERSONAL
  • Inclusions: REAL
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 3436
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Partial Finish
  • Total Bathrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Total Bedrooms: 9
  • Total Other Rooms: 1
  • Total Dining Rooms: 3
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Half Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor 2 Half Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor 3 Living Rooms: 1
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 2 Cars, Covered

Utilities

  • Heating/Cooling: A/C Window, Gas

Lot Info

  • Geo Address Line: 200 Fairmount Ave
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 09/25/2020
  • Geo Zoom Level: 16
  • Lot: 15
  • Lot Size: 36.3 X100

Tax Info

  • Year: 19
  • Taxes: 3641

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
$795,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,273
Avg. Annual Appreciation
9.61%
Original Mortgage
$644,490
Outstanding Balance
$624,220
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$171,053

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:

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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 Type Sale Price Title Company
Deed $630,000 Stewart Title
Deed $551,500 Elite Title Group Llc
Deed $320,000 --
Deed $320,000 Jersey Coast Title
Deed $80,000 --
Deed $47,500 --
Deed $41,500 --
Sheriffs Deed $300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $644,490 VA
Previous Owner $541,510 FHA
Previous Owner $411,070 No Value Available
Previous Owner -- No Value Available
Previous Owner $411,070 FHA
Previous Owner $69,000 FHA
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: Hudson County 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

    Veronica Hernandez
    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

    Leny TORRES-AREVALO
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 202021552

Hudson County 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 and is currently priced at $551,500. 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.

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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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