NOT LISTED FOR SALE

272 Fairmount Ave Chatham, NJ 07928

Estimated Value: $2,220,000 - $2,693,638

4 Beds
3 Baths
2,885 Sq Ft
$848/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $900,000 $312 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $16,005/month

36 Days on Market

About This Home

As of November 2021

This home is located at 272 Fairmount Ave, Chatham, NJ 07928 since 01 September 2021 and is currently estimated at $2,447,410, approximately $848 per square foot. This property was built in 1952. 272 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

Marianne Slamm

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 09/01/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

DOUGLAS ALLAN

ELITE REALTORS OF NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,343

Year Built

  • Built in 1952

Lot Details

  • 0.52 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,343

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Morris
  • Street Number Display: 272
  • I D: 5086898
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 100X226
  • Total Acres: 0.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Allan Douglas and Allan Sara
Bought by
Wang Marlene D and Hudson Thomas A
Current Estimated Value
$2,447,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,172,656
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,274,754

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 10, 2021
Sold by
Schaefer Irene S
Bought by
Allan Douglas and Roberts Sara
Seller's Agent
Marianne Slamm
KELLER WILLIAMS REALTY
Buyer's Agent
DOUGLAS ALLAN
ELITE REALTORS OF NEW JERSEY
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.21%
Original Mortgage
$900,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2021
Sold by
Schaefer Irene S and Estate Of Norman E Schaefer
Bought by
Schaefer Irene S

Purchase Details

Closed on
May 18, 2004
Sold by
Schaefer Irene
Bought by
Schaefer Norman
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 Buyer Sale Price Title Company
Wang Marlene D $2,198,000 Realsafe Title
Allan Douglas $900,000 Acres Land Title Agency Llc
Schaefer Irene S -- None Available
Schaefer Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Marlene D $1,200,000
Previous Owner Allan Douglas $0
Previous Owner Allan Douglas $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $900,000 0.0% $312 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/02/2021 10/02/21 Price Changed $900,000 -9.1% $312 / Sq Ft
09/23/2021 09/23/21 Price Changed $990,000 -10.0% $343 / Sq Ft
09/07/2021 09/07/21 For Sale $1,100,000 -- $381 / 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 $32,343 $1,997,700 $644,600 $1,353,100
2024 $24,337 $1,997,700 $644,600 $1,353,100
2023 $24,337 $1,566,100 $644,600 $921,500
2022 $18,635 $872,000 $533,000 $339,000
2021 $18,635 $872,000 $533,000 $339,000
2020 $18,478 $872,000 $533,000 $339,000
2019 $18,347 $872,000 $533,000 $339,000
2018 $17,832 $872,000 $533,000 $339,000
2017 $17,318 $872,000 $533,000 $339,000
2016 $16,864 $872,000 $533,000 $339,000
2015 $16,664 $872,000 $533,000 $339,000
2014 $16,542 $872,000 $533,000 $339,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3738044

Garden State MLS

APN: 04-00008-0000-00013