by RHP Realty

See Home Value
East Orange 07018
71 Fairmount Terrace
$535,000
House - Off Market

71 Fairmount Terrace

East Orange, NJ 07018
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$3,653
Est. Monthly
3.98%
Cap Rate

About This Property

Welcome to an immaculate one family home in a desirable area of East Orange! This 3 level home features 4 bedrooms, 2 full bathrooms and a half bath. Walk into the open concept living room , dining room combo with hardwood floors throughout. Abundance amount of sunlight through the bay windows adding sunshine towards the wood burning fireplace. Fall head over heels with the white custom made kitchen cabinets, stainless steel appliances and granite countertops. Each full bath encourages you to relax in the spa-like hot tubs. There is plenty of yard space, including spacious decks on each floor. Come out and take a look yourself!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,026
HOA Dues
-
Year Built
1930
Last updated: 4 months ago (NJMLS #23033786)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold $535,000
Sold
Mar 22, 2024 Listed by Prestige Property Group - Montclair $550,000
Listed by Prestige Property Group - Montclair
Feb 15, 2024 In contract -
In contract
Jan 23, 2024 Relisted $525,000
Relisted
Jan 16, 2024 In contract -
In contract
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,916
  • Building Area: 2,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 17 BROOK STREET LLC
  • Previous Owner : 69 CUSTER AVE LLC
  • Owner Before Previous Owner: MAYRA RAMIREZ
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 011800

Geography

  • Assessors Map Reference: TAX MAP 3-6
  • Account Number: 00396818
  • District: 05
  • Parcel: 05 00457-0000-00006
  • Block: 457
  • Lot: 6
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.7466
  • Longitude: -74.224

    Address

  • Full Address: 71 Fairmount Ter
  • Address - House Number: 71
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C012
  • 4-Digit Zip Code: 2356
  • Zip Code: 07018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,310

    Appraisal Valuation

  • Standard Deviation: 0.1063
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 577,404
  • High Value: 638,820
  • Low Value: 515,988

    Open Liens

  • First Open Lien Mortgage Lender: NVESTOR FUNDING INC.
  • First Open Lien Mortgage Recording Date: May 24, 2023
  • First Open Lien Mortgage Loan Amount: $399,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $423,600
  • Market Land Value: $83,900
  • Market Improvement Value: $339,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $423,600
  • Assessed Land Value: $83,900
  • Assessed Improvements Value: $339,700

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Transaction ID: 11910230154
  • Current Sale Price: $570,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 31414
  • Previous Sale Recording Date: Jun 23, 2022
  • Previous Sale Contract Date: Apr 06, 2022
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVESTOR FUNDING INC.
  • First Mortgage Transaction Date: May 24, 2023
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL LENDER LLC
  • Previous Mortgage Transaction Date: Jun 23, 2022
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$450,000 Dec 15, 2023
$450,000 Dec 15, 2023
$598/mo
House
4 Beds
4 Baths
-
$430,000 Nov 13, 2023
$430,000 Nov 13, 2023
$315/mo
House
4 Beds
2 Baths
-
$449,000 Nov 30, -0001
$465,000 Jul 19, 2022
-
House
4 Beds
2.1 Baths
-
$435,000 Nov 30, -0001
$465,000 Dec 1, 2022
-
House
4 Beds
1.1 Baths
-
$430,000 Nov 30, -0001
$395,000 Jul 7, 2022
-
House
3 Beds
3 Baths
-
$482,500 Aug 18, 2023
$482,500 Aug 18, 2023
$837/mo
House
4 Beds
4 Baths
-
$475,000 Apr 20, 2023
-
$8,333/mo
House
4 Beds
2 Baths
-
$450,000 Aug 28, 2023
-
$385/mo
House
4 Beds
3 Baths
-
$449,999 Nov 21, 2023
-
-
House
5 Beds
3 Baths
-
$499,999 Mar 7, 2024
-
$182/mo
House
5 Beds
4 Baths
-
$500,000 Mar 23, 2024
-
$809/mo
House
3 Beds
4 Baths
-
$439,900 Jan 29, 2024
-
$350/mo

About East Orange


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Frequently Asked Questions

When was property at 71 Fairmount Terrace built and last sold?
The property at 71 Fairmount Terrace was built in 1930 and last sold on Apr 27, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 71 Fairmount Terrace is $540,350.
What are some comparable homes to 71 Fairmount Terrace?
There are currently no comparable homes to 71 Fairmount Terrace.

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