NOT LISTED FOR SALE

Fairmount Apartments 340 Fairmount Ave Unit 111 Jersey City, NJ 07306

McGinley Square Neighborhood

Estimated Value: $266,000 - $306,000

1 Bed
1 Bath
641 Sq Ft
$450/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $265,000 $413 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,020/month

Highlights

  • Property is near a park
  • Wood Flooring
  • Intercom
  • Liberty High School Rated A-
  • Elevator
  • 4-minute walk to Boyd-McGuiness Park

About This Home

As of June 2022

This spacious and updated one-bedroom apartment in an ornate and well-maintained pre-war building with an on-site super, secure video intercom system, updated laundry room, bike storage and elevator is the perfect place to call home! The large bedroom and living room offer plenty of space for today's dynamic work/life needs and feature refinished hardwood floors and new light fixtures, while the renovated kitchen offers new cabinets, granite counter, and stainless- steel oven/range, fridge, and built-in microwave. The entire 641-sq-ft unit has been recently painted and the bathtub has been reglazed. There are two hallway closets and a tall bedroom closet for your storage needs. The large basement laundry room features new card-operated washers and dryers. There is also a common inner courtyard when you want to get some fresh air while waiting for your load of laundry. Oh, and did we mention heat and hot/cold water are included in the rent? Commuting is a breeze -- there are buses to Journal Square and Exchange Place nearby and the PATH at Journal Square is less than a mile away. Local groceries, shops, cafes, and restaurants abound. But don't delay -- at this price and with these features this unit won't last! Schedule your private showing today. 1 pet allowed on a case-by-case basis. Additional fee applies.

Last Agent to Rent the Property

Max Vishnev

COMPASS License #1971896 Listed on: 06/05/2022

COMPASS

Last Renter's Agent

Delilah Corales

COMPASS License #2078384

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,921

Year Built

  • 1932

Lot Details

  • 0.35

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 641 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator

Community Details

  • Laundry Facilities
  • Elevator

Listing and Financial Details

  • 12 Month Lease Term
  • Legal Lot and Block 00015 / 14906
  • Assessor Parcel Number 74939

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,921

Year Built

1932

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: L
  • Rental Amount: 1850
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Apartment Number: 111
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 74939
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Floor Number: 1
  • Appliances Included: Microwave, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Rooms: 3
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 641
  • Price Per Sq Ft: 2.73

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Radiators

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator, Wash/Dry Room, Storage, Shared Backyard

Lot Info

  • Geo Address Line: 340 Fairmount Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/05/2022
  • Geo Zoom Level: 16
  • Lot: 00015

Multi Family

  • LeaseTerm: 12 Months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
May 10, 2022
Sold by
Byron Washington
Bought by
Rohra Sahil
Seller's Agent
Max Vishnev
COMPASS
Buyer's Agent
Delilah Corales
COMPASS
Sold Price
$1,850
Current Estimated Value
$291,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,738
Avg. Annual Appreciation
3.00%
Original Mortgage
$198,750
Outstanding Balance
$189,772
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$101,816

Purchase Details

Closed on
Mar 5, 2018
Sold by
Alano Thelma P and Alano Benjamin B
Bought by
Washington Byron

Purchase Details

Closed on
Aug 16, 2007
Sold by
Point Capital Kensington & Fairmount Inv
Bought by
Alano Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rohra Sahil $265,000 American Land Title
Washington Byron $250,000 Old Republic Natl Title Ins
Alano Thelma $170,000 Commonwealth Bergen Title Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rohra Sahil $198,750
Previous Owner Alano Thelma $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Rented $1,850 +5.7% --
06/15/2022 06/15/22 Under Contract -- -- --
06/05/2022 06/05/22 For Rent $1,750 0.0% --
05/11/2022 05/11/22 Sold $265,000 +1.9% $413 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $260,000 -- $406 / Sq Ft
Source: Hudson County 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
2024 $4,921 $219,000 $60,000 $159,000
2023 $4,921 $219,000 $60,000 $159,000
2022 $4,638 $219,000 $60,000 $159,000
2021 $3,513 $219,000 $60,000 $159,000
2020 $3,526 $219,000 $60,000 $159,000
2019 $3,373 $219,000 $60,000 $159,000
2018 $658 $219,000 $60,000 $159,000
2017 $3,448 $44,200 $1,700 $42,500
2016 $3,404 $44,200 $1,700 $42,500
2015 $3,307 $44,200 $1,700 $42,500
2014 $3,286 $44,200 $1,700 $42,500
Source: Public Records

Agents Affiliated with this Home

  • Max Vishnev

    Landlord's Agent in 2022

    Max Vishnev

    COMPASS

    (718) 306-2687

    2 in this area

    88 Total Sales

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  • Maximilian Dorne

    Seller's Agent in 2022

    Maximilian Dorne

    COMPASS NEW JERSEY, LLC

    (973) 476-8710

    1 in this area

    14 Total Sales

    Section Image

  • D

    Tenant's Agent in 2022

    Delilah Corales

    COMPASS

    Section Image
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About Fairmount Apartments

Map

Source: Hudson County MLS

MLS Number: 220010189

Hudson County MLS

APN: 06-14906-0000-00015-0000-C0111

New Jersey Hudson County Jersey City 07306 McGinley Square

340 Fairmount Ave Unit 111, Jersey City, NJ

This home is located at 340 Fairmount Ave Unit 111, Jersey City, NJ 07306 since 05 June 2022 and is currently priced at $288,592. This property was built in 1932. 340 Fairmount Ave Unit 111 is a home located in Hudson County with nearby schools including Joseph H. Brensinger No. 17 Elementary School, Liberty High School, and Lincoln High 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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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