NOT LISTED FOR SALE

297 Fairmount Ave Newark, NJ 07103

West Side Neighborhood

Estimated Value: $316,000 - $649,000

6 Beds
3 Baths
3,702 Sq Ft
$151/Sq Ft Est. Value

About This Home

This home is located at 297 Fairmount Ave, Newark, NJ 07103 and is currently estimated at $557,260, approximately $150 per square foot. 297 Fairmount Ave 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
Jun 15, 2022
Sold by
Peyzner Boris
Bought by
Fairmount297ave Llc
Current Estimated Value
$557,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$432,092
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$125,168

Purchase Details

Closed on
Aug 9, 2018
Sold by
Renovation Pros Llc
Bought by
Mango Tree Real Est Hldgs

Purchase Details

Closed on
Nov 6, 2017
Sold by
Fnma
Bought by
Renovation Pros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 3, 2015
Sold by
Fontoura Armando B
Bought by
Reverse Mortgage Solutions Inc and Hollinger Lillie

Purchase Details

Closed on
Dec 13, 2007
Sold by
Hollinger Lily Brantley
Bought by
Hollinger Lily Brantley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
4.67%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Fairmount297ave Llc -- Scott Title Services
Mango Tree Real Est Hldgs -- --
Renovation Pros Llc $90,000 --
Reverse Mortgage Solutions Inc $280,751 None Available
Hollinger Lily Brantley -- Equititle Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairmount297ave Llc $460,000
Previous Owner Hollinger Lily Brantley $489,000
Closed Reverse Mortgage Solutions Inc --
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 $4,511 $284,900 $31,900 $253,000
2024 $4,511 $121,000 $31,900 $253,000
2022 $4,521 $121,000 $0 $0
2021 $4,518 $121,000 $0 $0
2020 $4,598 $121,000 $31,900 $89,100
2019 $6,390 $169,900 $31,900 $138,000
2018 $6,274 $169,900 $31,900 $138,000
2017 $6,048 $169,900 $31,900 $138,000
2016 $5,845 $169,900 $31,900 $138,000
2015 $5,622 $169,900 $31,900 $138,000
2014 $5,269 $169,900 $31,900 $138,000
Source: Public Records

Map

New Jersey Essex County Newark 07103 West Side

297 Fairmount Ave, Newark, NJ

This home is located at 297 Fairmount Ave, Newark, NJ 07103 and is currently estimated at $557,260, approximately $150 per square foot. 297 Fairmount Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Cleveland Elementary School, and Sir Isaac Newton Elementary School.

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.

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