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43 Fairmount Avenue

43 Fairmount Avenue, Montclair, NJ 07043
Property in Essex
Sold Aug 19, 2016
$375,000
$368,207 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2046
Sold Feb 19, 2016
$200,000
$160,000 by Movement Mortgage Llc
Mortgage Due Mar 01, 2046
43 Fairmount Avenue has been categorized by the local assessors in Montclair, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 43 Fairmount Avenue has 1,178 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,040 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,719 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 43 Fairmount Avenue was last sold in Aug 11, 2016 for $375,000. According to our calculations, that's $318.34 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Feb 9, 2016. Current property owners are expected to pay $11,727 in taxes per year. The property on 43 Fairmount Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $264,300. To break that down further, the land itself was valued at $131,900. While improvements to the property were assessed at a total of $132,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,719
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCDOANLD KENNARD
  • Current Owner 2: MCDONALD ANDREA
  • Previous Owner : RUSSO JAMES
  • Previous Owner 2: RUSSO VICTORIA
  • Owner Before Previous Owner: LAST WILL AND TESTAMENT OF MATTHEW H PAT
  • Owner Before Previous Owner 2: SOUSA TERESA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 017500

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 70
  • District: 22
  • Parcel: 22 00148- 05-00017
  • Block: 148.05
  • Lot: 17
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7987
  • Longitude: -74.2386

    Address

  • Full Address: 43 Fairmount Ter
  • Address - House Number: 43
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C034
  • 4-Digit Zip Code: 5010
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,727

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 514,674
  • High Value: 633,622
  • Low Value: 395,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,207
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 19, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $368,207
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $264,300
  • Market Land Value: $131,900
  • Market Improvement Value: $132,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $264,300
  • Assessed Land Value: $131,900
  • Assessed Improvements Value: $132,400

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Transaction ID: 1807132807
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016071543
  • Previous Sale Recording Date: Feb 19, 2016
  • Previous Sale Contract Date: Feb 09, 2016
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 19, 2016
  • First Mortgage Loan Amount: $368,207
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Feb 19, 2016
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Essex



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Frequently Asked Questions

What neighborhood is 43 Fairmount Avenue located in?
The 43 Fairmount Avenue is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 43 Fairmount Avenue?
The average sales price for units in 43 Fairmount Avenue is $0 currently.

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