NOT LISTED FOR SALE

295 Fairmount Ave Unit 1L Newark, NJ 07103

West Side Neighborhood

Estimated Value: $944,864 - $1,369,000

2 Beds
1 Bath
-- Sq Ft
2,614 Sq Ft Lot

About This Home

This home is located at 295 Fairmount Ave Unit 1L, Newark, NJ 07103 and is currently estimated at $1,116,955. 295 Fairmount Ave Unit 1L is a home located in Essex County with nearby schools including Camden Street Elementary School, Cleveland Elementary School, and Sir Isaac Newton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
295 Fairmount Avenue Llc
Bought by
295 Fairmount Avenue Velvel Llc
Current Estimated Value
$1,116,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$604,691
Interest Rate
2.9%
Estimated Equity
$512,264

Purchase Details

Closed on
Sep 4, 2013
Sold by
Gladiator Jersey Cit
Bought by
295 Fairmount Avenue

Purchase Details

Closed on
Feb 16, 2005
Sold by
Tmf Residential Properties Llc
Bought by
Gladiator Jersey City Llc

Purchase Details

Closed on
Sep 13, 2004
Sold by
Nkiru Gladiette
Bought by
Tmf Residential Properties

Purchase Details

Closed on
May 19, 1999
Sold by
Stevens Shirley
Bought by
Kiru Gladietten
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
295 Fairmount Avenue Velvel Llc $700,000 Successful Abstract
295 Fairmount Avenue Velvet Llc $700,000 Stewart Title
295 Fairmount Avenue $150,000 --
Gladiator Jersey City Llc $347,500 --
Tmf Residential Properties $225,000 --
Kiru Gladietten $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 295 Fairmount Avenue Velvet Llc $665,000
Closed 295 Fairmount Avenue Velvet Llc $665,000
Source: Public Records

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 $14,252 $382,300 $80,000 $302,300
2024 $14,252 $382,300 $80,000 $302,300
2023 $14,283 $382,300 $80,000 $302,300
2022 $14,283 $382,300 $80,000 $302,300
2021 $10,541 $282,300 $80,000 $202,300
2020 $10,727 $282,300 $80,000 $202,300
2019 $10,617 $282,300 $80,000 $202,300
2018 $10,425 $282,300 $80,000 $202,300
2017 $10,050 $282,300 $80,000 $202,300
2016 $9,711 $282,300 $80,000 $202,300
2015 $9,341 $282,300 $80,000 $202,300
2014 $8,754 $282,300 $80,000 $202,300
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

295 Fairmount Ave Unit 1L, Newark, NJ

Not Listed for Sale

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.

Nearby Homes