NOT LISTED FOR SALE

5 Fairmount Ave Montclair, NJ 07043

Estimated Value: $1,417,889 - $1,702,000

4 Beds
2 Baths
2,024 Sq Ft
$756/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $1,250,000 $618 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,106 / mo

11 Days on Market

About This Home

As of May 2023

This home is located at 5 Fairmount Ave, Montclair, NJ 07043 since 27 March 2023 and is currently estimated at $1,530,222, approximately $756 per square foot. This property was built in 1933. 5 Fairmount Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

JANET SKLAR

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 03/27/2023

Last Buyer's Agent

Karin Joseph Carson

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1933
  • County Name: Essex
  • I D: 5207843
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.20

Lot Info

  • Lot Size: 5000SF
  • Total Acres: 0.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 12, 2023
Sold by
Bought by
Seller's Agent
JANET SKLAR
COLDWELL BANKER REALTY
Buyer's Agent
Karin Joseph Carson
KELLER WILLIAMS - NJ METRO GROUP
List Price
$819,000
Sold Price
$1,250,000
Premium/Discount to List
$431,000
52.63%
Current Estimated Value
$1,530,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,222
Avg. Annual Appreciation
6.72%
Original Mortgage
$750,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bought by

Purchase Details

Listed on
Aug 13, 2012
Closed on
Aug 13, 2012
Sold by
Bought by
Buyer's Agent
Laurena White
PROMINENT PROPERTIES SIR
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$412,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
7.46%
Source: Public Records

Range of Values:

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

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 Foundation Title
$540,000 Fidelity National Title
$515,000 Foundation Title Llc
$172,500 --
$172,500 --
$361,000 --
$361,000 --
$246,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $750,000
Previous Owner $412,000
Previous Owner $221,000
Closed --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $1,250,000 +52.6% $618 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $819,000 +51.7% $405 / Sq Ft
11/02/2015 11/02/15 Sold $540,000 +4.9% $267 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Sold $515,000 -- $254 / Sq Ft View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,286 $654,900 $335,000 $319,900
2024 $20,976 $654,900 $335,000 $319,900
2022 $20,405 $620,600 $335,000 $285,600
2021 $19,780 $612,200 $335,000 $277,200
2020 $19,462 $612,200 $335,000 $277,200
2019 $19,260 $612,200 $335,000 $277,200
2018 $18,941 $612,200 $335,000 $277,200
2017 $18,655 $499,600 $285,000 $214,600
2016 $18,155 $499,600 $285,000 $214,600
2015 $17,616 $499,600 $285,000 $214,600
2014 $17,026 $499,600 $285,000 $214,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JANET SKLAR

    COLDWELL BANKER REALTY

  • Karin Joseph Carson

    Buyer's Agent in 2023

    Karin Joseph Carson

    KELLER WILLIAMS - NJ METRO GROUP

    (917) 301-1681

    37 in this area

    87 Total Sales

    Karin Joseph Carson
    Section Image
  • Laurena White

    Seller's Agent in 2015

    Laurena White

    PROMINENT PROPERTIES SIR

    (973) 985-8637

    19 in this area

    46 Total Sales

    Laurena White
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3835136

Garden State MLS

APN: 13-04505-0000-00040

New Jersey Essex County Montclair 07028

5 Fairmount Ave, Montclair, NJ

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