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262 Fairmount Ave, Jersey City, NJ, 07306

$875,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Full Baths, 3 Partial
Multi

Location

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262 Fairmount Ave, Jersey City$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
BasementYes
MLS #240019149
StatusActive
(ACTIVE)

About 262 Fairmount Ave

Approved plans in place for renovation + extension. Property is gutted and ready for permitting. Located in the heart of booming McGinley Square surrounded by new development projects. Make this project your own and bring to market 3 beautiful luxury condos! 1,500 sf units each with 3 beds + Office & 2.5 baths w/ Roof Deck.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, Other-See Remarks

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (201) 420-4200

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000

Tax Information:

  • Annual Amount: $4,000
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

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Jersey City, NJ

City

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

262 Fairmount Ave vs Jersey City

36 DAYS ON ROCKET

-2 Days

$875,000

+$160K More

KEY TAKEAWAY

This property is $160K more than the Median Sold Price in Jersey City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240019149

Listing Office:

  • Office Name: HOWARD HANNA RAND REALTY
  • Office Phone: (201) 420-4200

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 01, 1995Home Sold
$28,000
Dec 28, 1994Home Sold
$28,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,000$472,500
2019$7,030$472,500
2018$1,414$95,000
2017$7,410$95,000

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-79879
5
/10

  • Julia A. Barnes School

  • 91 Astor Pl

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-79880
5
/10

  • Rev. Dr. Ercel F. Webb School

  • 264 Van Horne St

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-79881
3
/10

  • Dr. Paul Rafalides School

  • 362 Union St

  • 0.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,600. Typical income of Jersey City, NJ residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07306›262 Fairmount Ave

This home is located at 262 Fairmount Ave in Jersey City, NJ and zip code 07306 in the Journal Square neighborhood. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $875,000.

Jersey City, NJ housing market in November 2024 saw over 30 listings sold above listed price, more than 14 sold at listed price and over 73 sold below. Between October 2024 and November 2024, Jersey City, NJ real estate market has seen increase in the number of listings by 1.3%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $715,000.

From Rocket Homes Real Estate and based on county public records data.

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