NOT LISTED FOR SALE

7 Fairmount Ave Montclair, NJ 07043

Estimated Value: $1,469,000 - $1,770,000

4 Beds
3.5 Baths
1,700 Sq Ft
$954/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $1,400,000 $824 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,741/month

30 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Tudor Architecture
  • Fireplace
  • Bradford School Rated A-
  • Terrace
  • Living Room

About This Home

As of July 2023

Welcome to 7 Fairmount Ave, a hidden gem nestled in Upper Montclair, just steps away from Brookdale Park and NYC transportation! This stunning Tudor home has been beautifully renovated, offering a perfect blend of modern luxury and classic charm. Prepare to be captivated by the meticulously designed interior, boasting high ceilings, European Spanish tiles, and custom closets throughout. Indulge in a spa-like experience in the primary bathroom, complete with radiant floors, European vanities, luxury light fixtures, and WiFi speakers. The living room is enhanced by a gas fireplace, providing both warmth and ambiance. With new plumbing, electrical, and 2-zone central air/heat, your comfort is guaranteed year-round. Every detail has been thoughtfully chosen to create a contemporary atmosphere while preserving the home's original character. From the black aluminum windows to the metal interior/exterior railings, the home exudes a modern aesthetic. The addition of new hardwood white oak flooring and interior doors adds a touch of elegance, while recessed lighting in the kitchen and baths elevates the home's modern conveniences. This property also offers laundry rooms on both the basement and 2nd floor, as well as a wine cellar, perfect for wine enthusiasts. Step outside to a new deck at the front and back of the house, a renovated garage, a new driveway, and beautifully landscaped grounds. **Taxes TBD and adjusted upon sale. Home Warranty** www.7fairmountave.com for video, floorplans and matterport.

Last Agent to Sell the Property

Karina Ayubi

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1004589 Listed on: 05/17/2023

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Gilli Axel

COMPASS NEW JERSEY, LLC License #1222848

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,280

Lot Details

  • 7,536

Parking

  • 1 Parking Space

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Fireplace
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Additional Features

  • Terrace
  • Back Yard
  • Property is near park, public transit, schools, shops, and bus stop
  • Central Air

Listing and Financial Details

  • Exclusions: All personal items.
  • Assessor Parcel Number 8916

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,280

Lot Details

7,536 Sq Ft Lot

Listing Details

  • Class: ONE FAMILY
  • Type: One Family
  • Building Style: Tudor
  • Exclusions: All personal items.
  • Inclusions: All appliances and fixtures.
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 8916
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Bedrooms: 4
  • Basement: Finished
  • Total Living Rooms: 1
  • Lower Level Half Bathrooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Level 2 Bedrooms: 2
  • Level 2 Full Bathrooms: 2
  • Level3 Other: 1

Exterior Features

  • Exterior Finish: Brick, Stucco

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central

Association/Amenities

  • Amenities Included: Terrace, Fireplace

Condo/Co-op/Association

  • Common Amenities: Backyard

Lot Info

  • Geo Address Line: 7 Fairmount Ave
  • Geo Primary City: Montclair
  • Geo Quality: 0.95

Rental Info

  • Pets Allowed: Y

Tax Info

  • Year: 2022
  • Taxes: 19280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 13, 2023
Sold by
Ace Solutions Llc
Bought by
Schwartz Bradley D and Villapando Marjorie A
Seller's Agent
Karina Ayubi
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$1,250,000
Sold Price
$1,400,000
Premium/Discount to List
$150,000
12%
Views
630
Current Estimated Value
$1,621,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,251
Avg. Annual Appreciation
5.69%
Original Mortgage
$1,120,000
Outstanding Balance
$1,087,885
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$533,366

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 11, 2022
Sold by
Lauren Geffinger
Bought by
Ace Solutions Llc
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
ANTHONY JORDAN
HOWARD HANNA RAND REALTY
List Price
$500,000
Sold Price
$600,000
Premium/Discount to List
$100,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.89%
Original Mortgage
$748,440
Interest Rate
3.89%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz Bradley D $1,400,000 Foundation Title
Ace Solutions Llc $600,000 Acres Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Bradley D $1,120,000
Previous Owner Ace Solutions Llc $748,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $1,400,000 +12.0% $824 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,250,000 +108.3% $735 / Sq Ft
03/28/2022 03/28/22 Sold $600,000 +20.0% $353 / Sq Ft View Prior Sale
12/03/2021 12/03/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $500,000 -- $294 / Sq Ft
Source: Hudson County MLS

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 $28,781 $851,500 $347,700 $503,800
2024 $28,781 $851,500 $347,700 $503,800
Source: Public Records

Agents Affiliated with this Home

  • Karina Ayubi

    Seller's Agent in 2023

    Karina Ayubi

    PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

    (646) 883-8079

    2 in this area

    52 Total Sales

    Karina Ayubi
    Section Image
  • Gilli Axel

    Seller Co-Listing Agent in 2023

    Gilli Axel

    COMPASS NEW JERSEY, LLC

    (917) 582-3181

    1 in this area

    48 Total Sales

    Gilli Axel
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER NON-MEMBER

    NON-MEMBER

  • Eugene Lowe

    Seller's Agent in 2022

    Eugene Lowe

    Rand Realty

    (973) 513-3393

    2 in this area

    498 Total Sales

    Eugene Lowe
    Section Image

  • A

    Buyer's Agent in 2022

    ANTHONY JORDAN

    Rand Realty

See All Agents

Map

Source: Hudson County MLS

MLS Number: 230008619

Hudson County MLS

APN: 13-04505-0000-00041

New Jersey Essex County Montclair 07028

7 Fairmount Ave, Montclair, NJ

Not Listed for Sale

Detached

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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