by RHP Realty

See Home Value
$1,400,000
House - Off Market

7 Fairmount Ave

Montclair Twp., NJ 07043
bedrooms
4 Beds
bathrooms
3.1 Baths
$1,264,617
RealtyHop Estimate
1.17%
Since Aug 1, 2023
NY-New York
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1911
Last updated: 10 months ago (GSMLS #3844298)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold to Bradley D Schwartz, Marjori... $1,400,000
Sold to Bradley D Schwartz, Marjori...
Jun 26, 2023 In contract -
In contract
Jun 16, 2023 In contract -
In contract
May 17, 2023 Listed by PROMINENT PROPERTIES SIR $1,250,000
Listed by PROMINENT PROPERTIES SIR
Apr 8, 2022 Sold $600,000
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,549
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 23-L,324

Ownership

  • Current Owner : SCHWARTZ BRADLEY D
  • Current Owner 2: VILLAPANDO MARJORIE A
  • Previous Owner : ACE SOLUTIONS LLC
  • Owner Before Previous Owner: LAUREN GEFFINGER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016300

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 04505-0000-00041
  • Block: 4505
  • Lot: 41
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.829
  • Longitude: -74.1949

    Address

  • Full Address: 7 Fairmount Ave
  • Address - House Number: 7
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C059
  • 4-Digit Zip Code: 2404
  • Zip Code: 07043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,281

    Appraisal Valuation

  • Standard Deviation: 0.107
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 89
  • Final Value: 1,326,814
  • High Value: 1,468,822
  • Low Value: 1,184,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,120,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $586,400
  • Market Land Value: $347,700
  • Market Improvement Value: $238,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $586,400
  • Assessed Land Value: $347,700
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Transaction ID: 11911175275
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 45106
  • Previous Sale Recording Date: Apr 08, 2022
  • Previous Sale Contract Date: Feb 11, 2022
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Jul 28, 2023
  • First Mortgage Loan Amount: $1,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC
  • Previous Mortgage Transaction Date: Apr 08, 2022
  • Previous Mortgage Loan Amount: $748,440
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Mar 28, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$1,400,000 Jul 17, 2023
$1,400,000 Jul 17, 2023
$1,607/mo
House
4 Beds
5 Baths
-
$1,361,000 Jul 19, 2023
$1,361,000 Jul 19, 2023
$1,854/mo
House
4 Beds
3.1 Baths
-
$1,095,000 Nov 30, -0001
$1,730,000 Apr 12, 2023
-
House
5 Beds
4 Baths
-
$1,285,000 May 22, 2023
$1,285,000 May 22, 2023
$1,679/mo
House
3 Beds
3 Baths
-
$1,115,757 Jun 29, 2023
$1,115,757 Jun 29, 2023
$1,804/mo
House
5 Beds
4 Baths
-
$1,100,150 Jun 7, 2023
$1,100,150 Jun 7, 2023
$1,603/mo
In Contract
House
5 Beds
5 Baths
-
$1,299,000 Jun 15, 2023
-
$2,463/mo
In Contract
House
5 Beds
5 Baths
-
$1,299,000 Jun 1, 2023
-
$2,300/mo
House
5 Beds
4 Baths
-
$1,349,999 May 3, 2023
-
-
House
5 Beds
4 Baths
-
$1,050,000 Jul 8, 2023
-
$1,759/mo
House
3 Beds
3 Baths
-
$1,100,000 Mar 13, 2023
-
$1,342/mo
House
6 Beds
5 Baths
-
$1,299,000 May 11, 2023
-
$2,977/mo

About Upper Montclair


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Frequently Asked Questions

When was property at 7 Fairmount Avenue built and last sold?
The property at 7 Fairmount Avenue was built in 1911 and last sold on Jul 13, 2023 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 7 Fairmount Avenue is $1,414,000.
What are some comparable homes to 7 Fairmount Avenue?
There are currently no comparable homes to 7 Fairmount Avenue.

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