NOT LISTED FOR SALE

261 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,052,000 - $1,166,684

4 Beds
4 Baths
1,833 Sq Ft
$610/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $885,000 $483 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,927/month

12 Days on Market

About This Home

As of November 2023

This home is located at 261 Fairmount Ave, Chatham, NJ 07928 since 05 October 2023 and is currently estimated at $1,117,921, approximately $609 per square foot. 261 Fairmount Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

MICHELLE PAIS

SIGNATURE REALTY NJ Brokerage Phone: 908-686-1200 Listed on: 10/05/2023

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ Brokerage Phone: 908-686-1200 Listed on: 10/05/2023

Home Details

Home Type

  • Single Family

Lot Details

  • 0.62 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Morris
  • I D: 5248720
  • Attribution Contact: 908-686-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 120X225
  • Total Acres: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 30, 2023
Sold by
Lapid Remon and Lapid Nancy R
Bought by
You Peigen and Liu Mujin
Seller's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$799,000
Sold Price
$885,000
Premium/Discount to List
$86,000
10.76%
Views
174
Current Estimated Value
$1,117,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,921
Avg. Annual Appreciation
11.15%

Purchase Details

Closed on
Feb 28, 2014
Sold by
Lapid Remon
Bought by
Lapid Remon and Lapid Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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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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
You Peigen $885,000 North Bergen Title
You Peigen $885,000 North Bergen Title
Lapid Remon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapid Remon $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $885,000 +10.8% $483 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $799,000 -- $436 / Sq Ft
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 $13,668 $844,200 $519,100 $325,100
2024 $13,119 $844,200 $519,100 $325,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MICHELLE PAIS

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3868298

Garden State MLS

APN: 04-00098-0000-00005

New Jersey Morris County Chatham 07928

261 Fairmount Ave, Chatham, NJ

Not Listed for Sale

Detached

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