NOT LISTED FOR SALE

38 Fairmount Ave Morristown, NJ 07960

Estimated Value: $796,000 - $922,000

3 Beds
2 Baths
2,445 Sq Ft
$360/Sq Ft Est. Value

About This Home

This home is located at 38 Fairmount Ave, Morristown, NJ 07960 and is currently estimated at $879,823, approximately $359 per square foot. 38 Fairmount Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 1998
Sold by
Hewes John D and Martner Hewes Patricia M
Bought by
Arakelian Richard and Arakelian Allison
Current Estimated Value
$879,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$43,581
Interest Rate
6.86%
Estimated Equity
$836,242
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
Arakelian Richard $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arakelian Richard $210,000
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 $10,410 $520,000 $244,200 $275,800
2024 $10,426 $520,000 $244,200 $275,800
2023 $10,426 $520,000 $244,200 $275,800
2022 $9,942 $520,000 $244,200 $275,800
2021 $9,942 $520,000 $244,200 $275,800
2020 $9,682 $520,000 $244,200 $275,800
2019 $9,532 $520,000 $244,200 $275,800
2018 $9,428 $520,000 $244,200 $275,800
2017 $9,365 $520,000 $244,200 $275,800
2016 $9,220 $520,000 $244,200 $275,800
2015 $7,973 $314,400 $152,000 $162,400
2014 $7,869 $314,400 $152,000 $162,400
Source: Public Records

Map

New Jersey Morris County Morristown 07960

38 Fairmount Ave, Morristown, NJ

This home is located at 38 Fairmount Ave, Morristown, NJ 07960 and is currently estimated at $879,823, approximately $359 per square foot. 38 Fairmount Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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