NOT LISTED FOR SALE

218 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $196,314 - $318,000

0.06 Acre
$3,901,317 Price per Acre
2,614 Sq Ft Lot

Last Sold July 30, 2024

Last sale price $180,000

Est. 30% increase in value since last sale

Current estimated payment $1,723/month

13 Days on Market

About This Lot

As of July 2024

This home is located at 218 Fairmount Ave, Newark, NJ 07103 since 22 May 2024 and is currently estimated at $234,079. 218 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.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,708

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,708

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5289647
  • Modified: 2025-07-31
  • Attribution Contact: 201-293-6333
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 26, 2024
Sold by
Future Investors Llc
Bought by
266 Dayton Llc
List Price
$180,000
Sold Price
$180,000
Views
6
Current Estimated Value
$234,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,079
Avg. Annual Appreciation
26.17%

Purchase Details

Closed on
Jan 26, 2021
Sold by
Momodu and Remi
Bought by
Future Investors Llc

Purchase Details

Closed on
May 31, 1991
Sold by
Redding Josh
Bought by
Momodu Remi and Momodu Muhammed
Source: Public Records

Range of Values:

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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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
266 Dayton Llc $180,000 Fortuna Title
Future Investors Llc $85,000 American Title
Momodu Remi $50,000 --
Momodu Muhammed $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Future Investors Llc $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $180,000 0.0% --
06/04/2024 06/04/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $180,000 -- --
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 $5,708 $153,100 $26,300 $126,800
2024 $5,708 $153,100 $26,300 $126,800
2023 $5,720 $153,100 $26,300 $126,800
2022 $5,720 $153,100 $26,300 $126,800
2021 $5,717 $153,100 $26,300 $126,800
2020 $5,818 $153,100 $26,300 $126,800
2019 $5,758 $153,100 $26,300 $126,800
2018 $5,654 $153,100 $26,300 $126,800
2017 $5,450 $153,100 $26,300 $126,800
2016 $5,267 $153,100 $26,300 $126,800
2015 $5,066 $153,100 $26,300 $126,800
2014 $4,748 $153,100 $26,300 $126,800
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3903443

Garden State MLS

APN: 14-00262-0000-00006

New Jersey Essex County Newark 07103 Fairmount

218 Fairmount Ave, Newark, NJ

This home is located at 218 Fairmount Ave, Newark, NJ 07103 since 22 May 2024 and is currently estimated at $234,079. 218 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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