NOT LISTED FOR SALE

Fairmount Apartments 340 Fairmount Ave Unit 308 Jersey City, NJ 07306

McGinley Square Neighborhood

Estimated Value: $273,000 - $313,345

1 Bed
1 Bath
664 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $250,000 $377 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,994/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 July 2023

This spacious and sunny one-bedroom apartment on the 3rd floor of a well-maintained pre-war building with a super, laundry room, bike storage and elevator is the perfect place to call home! Enjoy abundant natural light, hardwood floors, a large bedroom with plenty of space for a home office, and an airy open concept kitchen and living room combination. The kitchen features stone countertops and stainless steel appliances, including a dishwasher. The building also features a video intercom system, fob entry, and a large inner courtyard when you want to get some fresh air in peace and quiet. Oh, and did we mention heat and hot water are included in the rent? Commuting is a breeze -- there are buses to Journal Square and Exchange place nearby. But don't delay -- at this price and with these features this unit won't last! Schedule your private showing today. No cats, but 1dog under 30lbs may be permitted for an additional fee, subject to landlord approval. Apt is vacant and not furnished.

Last Agent to Rent the Property

Max Vishnev

COMPASS License #1971896 Listed on: 06/12/2023

COMPASS

Last Renter's Agent

DOREEN MARTENS

COLDWELL BANKER RESIDENTIAL BROKERAGE License #0341246

COLDWELL BANKER RESIDENTIAL BROKERAGE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,551

Year Built

  • 1932

Lot Details

  • 0.35

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 664 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

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

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • 12 Month Lease Term
  • Legal Lot and Block 15 / 14906
  • Assessor Parcel Number 74956

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Building Details

  • Security

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,551

Year Built

1932

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: L
  • Rental Amount: 1900
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Apartment
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Journal Square
  • Assessor Parcel Number: 74956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1932

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Basement: Full
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 664

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Radiators
  • Ll Heat: Y
  • Ll Hot Water: Y
  • Ll Water: Y

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

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

Lot Info

  • Geo Address Line: 340 Fairmount Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 15

Multi Family

  • LeaseTerm: 12 Months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Jan 14, 2021
Sold by
Hai Weilan
Bought by
Aburto David George
Seller's Agent
Henry Setkiewicz
COLDWELL BANKER REALTY
Buyer's Agent
Max Vishnev
COMPASS
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$290,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,336
Avg. Annual Appreciation
3.13%
Original Mortgage
$237,650
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2017
Sold by
Hai Weilan and Pena Javiel Pena
Bought by
Hai Weilan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.97%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Point Capitial Kensington
Bought by
Pena Javiel and Pena Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.12%
Mortgage Type
FHA
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
Aburto David George $250,000 Evident Title Agency Inc
Aburto David George $250,000 Evident Title Agency
Hai Weilan $196,000 --
Pena Javiel $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aburto David George $237,650
Previous Owner Hai Weilan --
Previous Owner Pena Javiel $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2023 07/15/23 Rented $1,900 +2.7% --
06/20/2023 06/20/23 Under Contract -- -- --
06/12/2023 06/12/23 Price Changed $1,850 +2.8% $3 / Sq Ft
06/12/2023 06/12/23 For Rent $1,800 +9.1% --
07/10/2021 07/10/21 Rented $1,650 0.0% --
06/11/2021 06/11/21 For Rent $1,650 0.0% --
01/14/2021 01/14/21 Sold $250,000 -3.5% $377 / Sq Ft View Prior Sale
11/18/2020 11/18/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $259,000 -- $390 / 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
2025 $5,551 $248,600 $60,000 $188,600
2024 $5,586 $248,600 $60,000 $188,600
2023 $5,586 $248,600 $60,000 $188,600
2022 $5,265 $248,600 $60,000 $188,600
2021 $3,988 $248,600 $60,000 $188,600
2020 $4,002 $248,600 $60,000 $188,600
2019 $3,828 $248,600 $60,000 $188,600
2018 $744 $248,600 $60,000 $188,600
2017 $3,900 $50,000 $1,800 $48,200
2016 $3,851 $50,000 $1,800 $48,200
2015 $3,741 $50,000 $1,800 $48,200
2014 $3,717 $50,000 $1,800 $48,200
Source: Public Records

Agents Affiliated with this Home

  • Max Vishnev

    Landlord's Agent in 2023

    Max Vishnev

    COMPASS

    (718) 306-2687

    2 in this area

    91 Total Sales

    Max Vishnev
    Section Image
  • DOREEN MARTENS

    Tenant's Agent in 2023

    DOREEN MARTENS

    COLDWELL BANKER RESIDENTIAL BROKERAGE

    (201) 445-9400

    9 Total Sales

    DOREEN MARTENS
    Section Image
  • Henry Setkiewicz

    Seller's Agent in 2021

    Henry Setkiewicz

    COLDWELL BANKER REALTY

    (201) 294-9252

    1 in this area

    7 Total Sales

    Henry Setkiewicz
    Section Image

  • M

    Buyer's Agent in 2021

    MARK GENDLER

    COMPASS NEW JERSEY, LLC

    Section Image
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About Fairmount Apartments

Map

Source: Hudson County MLS

MLS Number: 230009685

Hudson County MLS

APN: 06-14906-0000-00015-0000-C0308

New Jersey Hudson County Jersey City 07306 McGinley Square

340 Fairmount Ave Unit 308, Jersey City, 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.

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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