NOT LISTED FOR SALE

261 Fairmount Ave Chatham, NJ 07928

Chatham Area

Estimated Value: $1,047,000 - $1,388,295

4 Beds
4 Baths
1,833 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

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

Est. 35% increase in value since last sale

Current estimated payment $7,754 / mo

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 $1,198,824, approximately $654 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

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 Details

Home Type

  • Single Family

Lot Details

  • 27,007 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.62 Acres

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

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

Listed on
Oct 5, 2023
Closed on
Oct 30, 2023
Sold by
Lapid Remon and Lapid Nancy R
Bought by
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
173
Current Estimated Value
$1,198,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,824
Avg. Annual Appreciation
11.28%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chatham, NJ

  • Ashley Freitas Real Estate Agent - COMPASS NEW JERSEY, LLC

    Ashley Freitas

    Responds Quickly

    COMPASS NEW JERSEY, LLC

    (908) 443-9560

    106 Total Sales

    1 in Chatham

    $1,478,947 Price

    Ashley Freitas
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  • Joseph Eberle Real Estate Agent - WEICHERT REALTORS

    Joseph Eberle

    WEICHERT REALTORS

    (908) 341-1581

    180 Total Sales

    19 in Chatham

    $363K - $1.6M Price Range

    Joseph Eberle
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  • Debra Ross Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Debra Ross

    KL SOTHEBY'S INT'L. REALTY

    (848) 305-1871

    65 Total Sales

    1 in Chatham

    $2,000,000 Price

    Debra Ross
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  • Rosemarie Hughes Real Estate Agent - COLDWELL BANKER REALTY

    Rosemarie Hughes

    COLDWELL BANKER REALTY

    (973) 564-0689

    23 Total Sales

    1 in Chatham

    $592,000 Price

    Rosemarie Hughes
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  • Christina Roche Real Estate Agent - NEXTHOME PREMIER

    Christina Roche

    NEXTHOME PREMIER

    (848) 281-0595

    83 Total Sales

    1 in Chatham

    $2,300,000 Price

    Christina Roche
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  • Michele DiBenedetto Real Estate Agent - BHHS FOX & ROACH

    Michele DiBenedetto

    BHHS FOX & ROACH

    (862) 219-7563

    69 Total Sales

    2 in Chatham

    $495K - $770K Price Range

    Michele DiBenedetto
     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
$885,000 North Bergen Title
Lapid Remon -- None Available
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
Previous Owner $250,000
Source: Public Records

Property 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 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

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 $13,668 $844,200 $519,100 $325,100
2025 $13,668 $844,200 $519,100 $325,100
2024 $13,119 $844,200 $519,100 $325,100
2023 $13,119 $844,200 $519,100 $325,100
2022 $14,837 $694,300 $488,700 $205,600
2021 $14,837 $694,300 $488,700 $205,600
2020 $14,712 $694,300 $488,700 $205,600
2019 $14,608 $694,300 $488,700 $205,600
2018 $14,198 $694,300 $488,700 $205,600
2017 $13,789 $694,300 $488,700 $205,600
2016 $13,428 $694,300 $488,700 $205,600
2015 $13,268 $694,300 $488,700 $205,600
2014 $13,171 $694,300 $488,700 $205,600
Source: Public Records

Agents Affiliated with this Home

  • MP

    Seller's Agent in 2023

    MICHELLE PAIS

    SIGNATURE REALTY NJ

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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

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